| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 105.00 |
Asuncion Riverfront Urban Resilience Project
Abstract*
Paraguay has been characterized by relatively solid economic growth and poverty reduction in recent years, but the COVID-19 pandemic threatens to stall or even reverse this progress. Almost two-thirds of Paraguayans live in cities, and 38% of the total population is concentrated in the Metropolitan Area of Asunción (AMA), whose rapid growth has not been accompanied by a corresponding capacity to plan and provide services to an increasingly complex... Show More
Development Objective
The project development objectives are to improve living conditions for targeted vulnerable households and to increase resilience in selected areas in the riverfront of Asunción.
Key Details
Project Details
P175320
Active
Alvaro Barra , Santiago Scialabba, Nicolaas de Groot
Republic of Paraguay
December 23, 2020
(as of board presentation)
November 15, 2022
February 23, 2024
US$ 105.00 million
Ministry of Public Works and Communications (MOPC)
2023
US$ 105.00 million
N/A
March 4, 2024
December 29, 2028
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 105.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 105.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 105.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 15, 2022 | IBRD-94510 | Loan Commitment | 105,000,000.00 |
| May 15, 2024 | IBRD-94510 | Int Charges | 274,313.72 |
| Feb 23, 2024 | IBRD-94510 | Fee Charges | 262,500.00 |
| Feb 23, 2024 | IBRD-94510 | Loan Disb | 262,500.00 |
| May 15, 2024 | IBRD-94510 | Int Charges | 4,070.26 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Satisfactory | 2025-03-12 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-03-12 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-03-12 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-03-12 |
| Project Management | Moderately Satisfactory | 2025-03-12 |
| Financial Management | Satisfactory | 2025-03-12 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
People provided with improved urban living conditions Value 0.00 0.00 2400.00 Date November 1, 2021 February 9, 2023 December 31, 2027 Comment Number of vulnerable households with reduced risk of flooding in the riverfront of Asunción considering climate change impacts Value 0.00 0.00 700.00 Date November 1, 2021 February 9, 2023 December 31, 2027 Comment Number of people with new jobs after receiving training, technical assistance, or grants Value 0.00 0.00 1000.00 Date February 1, 2022 February 9, 2023 December 31, 2027 Comment People provided with improved urban living conditions - Female (RMS requirement) Value 0.00 0.00 0.00 Date Comment Percentage of whom are female Value 0.00 0.00 0.00 Date Comment Increased use of upgraded and rehabilitated public spaces and green spaces with climate resilient design Value 0.00 0.00 50.00 Date February 1, 2022 February 9, 2023 December 31, 2027 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Municipal and national government officials trained by capacity building activities Value 0.00 0.00 100.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Share of resettled population who report their living situation has improved Value 0.00 0.00 75.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Center for Local Economic Development and Social Innovation constructed Value No No Yes Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Women trained in skills for labor-intensive non-traditional sectors Value 0.00 0.00 250.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Streets upgraded with low-carbon climate resilient design and improved green and gray infrastructure Value 0.00 0.00 4000.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Percentage of whom are female Value 0.00 0.00 0.00 Date Comment Share of female resettled population who report their living situation has improved Value 0.00 0.00 0.00 Date Comment Guidelines, studies, and technical notes to promote low-carbon climate resilient urban planning Value 0.00 0.00 5.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Recovery of Las Mercedes and Peru urban streams within the project intervention area Value No No Yes Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Share of beneficiaries who consider that design of investments subject to consultation is responsive to their needs/views Value 0.00 0.00 75.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Walking and cycling paths to improve the accessibility of Banco San Miguel Value 0.00 0.00 9800.00 Date April 20, 2021 February 9, 2023 December 31, 2027 Comment Share of female beneficiaries who consider that design of investments subject to consultation is responsive to their needs/views Value 0.00 0.00 0.00 Date Comment