| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 100.00 |
Development Objective
The program development objective (PDO) is to improve the institutional framework to finance disaster risk reduction activities and strengthen financial resilience to natural disasters for targeted populations in the Program Area.
Key Details
Project Details
P176349
Active
Philipp Petermann , Augustin Maria, Antoine Bavandi
Ministry of Economy, Finance and Administrative Reform
March 10, 2021
(as of board presentation)
June 11, 2021
N/A
US$ 230.00 million
Ministry of Interior,Ministry of Economy, Finance and Administrative Reform
2021
US$ 100.00 million
N/A
August 30, 2023
March 31, 2025
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 100.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 230.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
The FLCN strategic orientation and governance structure are redesigned with a focus on disaster risk reduction Value The FLCN focuses mainly on post disaster event ris The Steering committee, the National Selection Com An action plan for disaster risk awareness raising Date April 20, 2016 December 2, 2020 December 29, 2023 Comment Cumulative number of direct beneficiaries of completed structural risk reduction subprojects (% women) Value 0.00 40000.00 250000.00 Date April 20, 2016 March 29, 2021 December 29, 2023 Comment Minimum number of people in the Program Area insured for bodily injury against catastrophic events Value 0.00 8957954.00 5850000.00 Date April 20, 2016 July 7, 2020 December 31, 2020 Comment Establishment and operationalization of the FSEC to protect the uninsured Value - FSEC received initial financial contributions as p FSEC received initial financial contributions as p Date April 20, 2016 December 2, 2020 December 31, 2019 Comment Cumulative number of direct and indirect beneficiaries of completed non-structural risk reduction subprojects (% women) Value 0.00 50000.00 7000000.00 Date April 20, 2016 March 29, 2021 December 29, 2023 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Minimum percentage of entities responsible for the implementation of eligible subprojects having received technical assistance and/or training Value 0.00 0.00 70.00 Date April 20, 2016 March 29, 2021 December 29, 2023 Comment Cumulative amount of FLCN funds allocated to eligible subprojects Value 0.00 954000000.00 1150000000.00 Date April 20, 2016 March 29, 2021 December 30, 2022 Comment Adoption of the catastrophic risk insurance legislative and regulatory framework Value - The implementation legal documents referred to in The implementation legal documents referred to in Date April 20, 2016 November 25, 2020 December 31, 2018 Comment Improved risk assessment models developed and operational Value No - Probabilistic catastrophe risk models for i) evalu Date April 20, 2016 November 25, 2020 December 31, 2019 Comment Minimum percentage of FLCN funds allocated to eligible non-structural subprojects Value 0.00 54.00 10.00 Date April 20, 2016 March 29, 2021 December 29, 2023 Comment Minimum percentage of total funding of eligible subprojects provided by the entities responsible for implementation and partners Value 0.00 64.00 45.00 Date April 20, 2016 March 29, 2021 December 29, 2023 Comment Cumulative value of total funding of completed eligible subprojects achieving disaster risk reduction targets Value 0.00 195000000.00 1200000000.00 Date April 20, 2016 March 29, 2021 December 29, 2023 Comment Cumulative number of structural subprojects benefitting from at least one site visit Value 0.00 0.00 50.00 Date March 30, 2021 March 29, 2021 December 29, 2023 Comment