| Financier | Commitments |
|---|---|
| IDA Credit | 25.00 |
Grenada First Recovery and Resilience Programmatic DPC
Abstract*
The development objective of the Recovery and Resilience Development Policy Credit in Grenada supports recovery through two pillars: (i) promoting a greener and more climate-resilient economy; and (ii) improving sustainability, inclusiveness and accountability of fiscal management. Pillar (1) measures include establishing comprehensive Disaster Management legislation; adopting policies to encourage energy efficiency and renewable energy; and promoting... Show More
Development Objective
The development objective of this proposed operation is to support Grenada’s recovery, through two pillars, (i) Promoting a greener and more climate-resilient economy; and (ii) Improving sustainability, inclusiveness and accountability of fiscal management.
Key Details
Project Details
P176663
Closed
Ran Li , Nguyet Anh Pham
Grenada
Grenada
November 23, 2021
(as of board presentation)
May 25, 2022
June 2, 2022
US$ 0.00 million
Ministry of Finance
2022
US$ 25.00 million
N/A
September 3, 2023
December 31, 2023
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 25.00 |
| IBRD + IDA Commitment | 25.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 15, 2024 | IDA-71230 | Int Charges | 161,250.00 |
| Jul 15, 2024 | IDA-71230 | Int Charges | 161,250.00 |
| May 25, 2022 | IDA-71230 | Loan Commitment | 25,000,000.00 |
| Jan 15, 2024 | IDA-71230 | Int Charges | 161,250.00 |
| Jan 15, 2024 | IDA-71230 | Int Charges | 161,250.00 |
| Jun 21, 2022 | IDA-71230 | Loan Disb | 25,000,000.00 |
| Jan 15, 2023 | IDA-71230 | Int Charges | 21,500.00 |
| Jan 15, 2023 | IDA-71230 | Int Charges | 161,250.00 |
| Jan 15, 2023 | IDA-71230 | Int Charges | 161,250.00 |
| Jul 15, 2023 | IDA-71230 | Int Charges | 161,250.00 |
| Jul 15, 2023 | IDA-71230 | Int Charges | 161,250.00 |
| Jan 15, 2023 | IDA-71230 | Int Charges | 21,500.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2023-06-01 |
| Monitoring and Evaluation | Satisfactory | 2023-06-01 |
| Program Management | Satisfactory | 2023-06-01 |
| Overall Implementation Progress (IP) | Satisfactory | 2023-06-01 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Total tax revenue from the new health-related taxes on cigarettes, alcohol, and Sugar-Sweetened Beverages Value 5.50 5.50 8.10 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Share of new capital projects tagged under the new climate change budget tagging methodology Value 0.00 0.00 60.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Share of new capital projects tagged under the new climate change budget tagging methodology Value 0.00 0.00 60.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment programs presenting information on gender priorities in publicly available budget documentation, including sex-disaggregated data and gender-responsive budget measures Value 0.00 0.00 10.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment programs presenting information on gender priorities in publicly available budget documentation, including sex-disaggregated data and gender-responsive budget measures Value 0.00 0.00 10.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Accumulated flow into the contingency fund Value 0.00 0.00 5.60 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Accumulated flow into the contingency fund Value 0.00 0.00 5.60 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Percentage of ministries and agencies with an Operations Continuity Plan compliant with the DM Act Value 0.00 0.00 30.00 Date December 31, 2021 May 1, 2023 December 30, 2024 Comment Percentage of ministries and agencies with an Operations Continuity Plan compliant with the DM Act Value 0.00 0.00 30.00 Date December 31, 2021 May 1, 2023 December 30, 2024 Comment amount of electricity generated via the Public Utilities Regulatory Commission’s Self-Generator (PURC SG) program Value 0.00 0.00 2.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment amount of electricity generated via the Public Utilities Regulatory Commission’s Self-Generator (PURC SG) program Value 0.00 0.00 2.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Electricity supply contracted from new renewable generation capacity under power purchase agreements with private investors Value 0.00 0.00 2.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Electricity supply contracted from new renewable generation capacity under power purchase agreements with private investors Value 0.00 0.00 2.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment ministries and agencies with a trained and certified information management/data protection officer Value 0.00 0.00 4.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment ministries and agencies with a trained and certified information management/data protection officer Value 0.00 0.00 4.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Number of workers contributing to the UI fund Value 0.00 0.00 40000.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Number of workers contributing to the UI fund Value 0.00 0.00 40000.00 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Tax revenue collected through EVL on electricity and water consumption Value 0.00 0.00 1.70 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Tax revenue collected through EVL on electricity and water consumption Value 0.00 0.00 1.70 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment Total tax revenue from the new health-related taxes on cigarettes, alcohol, and Sugar-Sweetened Beverages Value 5.50 5.50 8.10 Date December 31, 2021 May 1, 2023 December 31, 2024 Comment