| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 200.00 |
| PROBLUE MDTF | 5.00 |
| Indonesia Oceans, Marine Debris, and Coastal Resources MDTF | 5.00 |
Oceans for Prosperity Project - LAUTRA
Abstract*
The development objective of the Oceans for Prosperity Project - Lautra for Indonesia is to enhance the sustainable management of select marine protected areas and coral reef fisheries and improve access to economic opportunities for local communities in target areas. The project comprises of four components. The first component, infrastructure and institutional strengthening for sustainable marine protected areas management will strengthen ecosystem-based... Show More
Development Objective
To enhance the sustainable management of select marine protected areas and coral reef fisheries, and improve access to economic opportunities for local communities in target areas.
Key Details
Project Details
P173391
Active
Ambroise Brenier , Yadranka Farita
Republic of Indonesia
May 8, 2020
(as of board presentation)
March 23, 2023
May 17, 2023
US$ 205.00 million
Ministry of Marine Affairs and Fisheries,Ministry of National Development Planning (Bappenas)
2023
US$ 210.00 million
N/A
May 28, 2023
March 31, 2028
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 200.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 200.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 10.00 |
| Total Project Cost** | 205.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 15, 2024 | IBRD-94980 | Int Charges | 6,051.05 |
| May 15, 2024 | IBRD-94980 | Int Charges | 248,575.90 |
| Mar 23, 2023 | IBRD-94980 | Loan Commitment | 200,000,000.00 |
| Jul 14, 2023 | IBRD-94980 | Fee Charges | 500,000.00 |
| Nov 15, 2023 | IBRD-94980 | Int Charges | 216,438.34 |
| Jan 29, 2024 | IBRD-94980 | Loan Disb | 320,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Moderately Unsatisfactory | 2024-12-20 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-12-20 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-12-20 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-12-20 |
| Procurement | Moderately Satisfactory | 2024-12-20 |
| Financial Management | Moderately Unsatisfactory | 2024-12-20 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.