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RESILIENT AND SUSTAINABLE INFRASTRUCTURE FOR RECOVERY DPF 2

Abstract*

The development objective of the Second Resilient and Sustainable Infrastructure for Recovery Development Policy Financing in Colombia is to support the Government of Colombia's multiyear efforts to sustain access to critical infrastructure services for firms and households following the COVID-19 crisis, while establishing the policy foundations for recovery through sustainable and resilient infrastructure. The operation includes four pillars. Under...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The development objective of this programmatic series is to support the Government of Colombia's multiyear efforts to sustain access to critical infrastructure services for firms and households following the COVID-19 crisis, while establishing the policy foundations for recovery through sustainable and resilient infrastructure.

Key Details

Project Details

  • P175126

  • Closed

  • Manuel Luengo , Catalina Garcia-Kilroy, Ana Waksberg Guerrini

  • Ministry of Finance

  • Colombia

  • December 15, 2020

  • (as of board presentation)

    May 17, 2021

  • June 10, 2021

  • US$ 0.00 million

  • Ministry of Information Technologies and Communications,Ministry of Transport,Ministry of Mines and Energy

  • Latin America and Caribbean

  • 2021

  • US$ 750.00 million

  • N/A

  • November 1, 2023

  • June 30, 2022

  • BANK APPROVED

  • P173424

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 750.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 750.00
IDA Commitment N/A
IBRD + IDA Commitment 750.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 17, 2021 IBRD-92400 Loan Commitment 750,000,000.00
Mar 15, 2024 IBRD-92400 Int Charges 384,806.28
Mar 15, 2024 IBRD-92400 Int Charges 24,498,134.00
Sep 15, 2023 IBRD-92400 Int Charges 286,453.16
Sep 15, 2023 IBRD-92400 Int Charges 22,081,286.00
Sep 15, 2021 IBRD-92400 Int Charges 1,702,083.40
Mar 15, 2023 IBRD-92400 Int Charges 19,110,942.00
Sep 15, 2022 IBRD-92400 Int Charges 7,230,476.50
Mar 15, 2022 IBRD-92400 Int Charges 3,506,875.00
Jun 11, 2021 IBRD-92400 Fee Charges 1,875,000.00
Jun 21, 2021 IBRD-92400 Loan Disb 750,000,000.00
Mar 15, 2023 IBRD-92400 Int Charges 855,446.94

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-22-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Colombian pesos disbursed to electricity and water utilities through the Findeter credit lineValue0.00395.00200.00
    DateFebruary 3, 2020December 30, 2022December 30, 2022
    Comment
  • Equipares certification obtained by the Ministry of Mines and EnergyValueNoNoYes
    DateApril 20, 2021December 31, 2022December 30, 2022
    Comment
  • Increase of freight transported by fluvial modeValue5000039.004770000.006500000.00
    DateFebruary 5, 2018December 31, 2021December 30, 2022
    Comment
  • Decrease in logistics costs as percentage of salesValue13.5012.6012.90
    DateFebruary 5, 2018January 31, 2020December 30, 2022
    Comment
  • Increase in registrations of vehicles that are fully electricValue2100.008128.004300.00
    DateFebruary 4, 2019May 31, 2022December 30, 2022
    Comment
  • People over 5 years using the internet (percentage of population over 5 years old)Value64.1073.0072.00
    DateApril 20, 2021December 30, 2022December 30, 2022
    Comment
  • Number of existing and new structured concessions and PPP projects under new FCCL frameworkValue0.0014.0019.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • Estimated CAPEX value of new infrastructure projects tendered under the 5G Program (billion USD)Value0.005.661.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • Number of mass transit systems using funding and financing instruments to cover operational deficits generated by the impact of COVID-19Value0.007.003.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • Percentage of concession and PPP road contracts active prior to the COVID-19 Emergency (in operation or under construction) affected by the measures taken by the Declaration of the National EmergencyValue0.00100.0080.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • MW of NCRE awarded under the October 2019 long-term energy auctionValue0.001374.001374.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • MW of new NCRE installedValue0.00833.00200.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • MW of new energy storage capacity awardedValue0.0045.0045.00
    DateSeptember 2, 2020December 30, 2022December 30, 2022
    Comment
  • Number of new mass transit co-financing agreements signed under the new governance and co-financing schemeValue0.002.003.00
    DateSeptember 2, 2020December 31, 2022December 30, 2022
    Comment
  • Locations with 4G coverage (percentage of total locations)Value10.0015.0030.00
    DateApril 20, 2021December 30, 2022December 30, 2022
    Comment