| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 750.00 |
EQUITABLE AND GREEN RECOVERY DEVELOPMENT POLICY FINANCING
Abstract*
The development objectives of the Equitable and Green Recovery Development Policy Financing in Colombia support measures that: (i) reduce income inequalities (including gender-related) and build resilience; (ii) promote economy-wide decarbonization and climate adaptation; and (iii) mitigate climate change by protecting biodiversity and reducing deforestation. The following pillars are included. Pillar 1, reducing Income Inequalities (including gender-related)... Show More
Development Objective
The development objective of the proposed operation is to support measures that (i) reduce income inequalities (including gender-related) and build resilience, (ii) promote economy-wide decarbonization and climate adaptation, and (iii) mitigate climate change by protecting biodiversity and reducing deforestation.
Key Details
Project Details
P176788
Closed
Maria Davalos , Truman Packard
Republic of Colombia
November 21, 2021
(as of board presentation)
March 24, 2022
May 9, 2022
US$ 0.00 million
National Planning Department
2022
US$ 750.00 million
N/A
March 18, 2024
March 24, 2023
BANK APPROVED
Finances
Financing Plan (US$ Millions)
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 February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 13, 2022 | IBRD-93520 | Loan Disb | 750,000,000.00 |
| Jan 15, 2023 | IBRD-93520 | Int Charges | 15,684,663.00 |
| Jul 15, 2022 | IBRD-93520 | Int Charges | 2,335,690.20 |
| May 11, 2022 | IBRD-93520 | Fee Charges | 1,875,000.00 |
| Jan 15, 2023 | IBRD-93520 | Int Charges | 850,248.50 |
| Jul 15, 2023 | IBRD-93520 | Int Charges | 20,780,424.00 |
| Jul 15, 2023 | IBRD-93520 | Int Charges | 986,019.94 |
| Jul 15, 2024 | IBRD-93520 | Int Charges | 160,537.95 |
| Jul 15, 2024 | IBRD-93520 | Int Charges | 24,789,734.00 |
| Mar 24, 2022 | IBRD-93520 | Loan Commitment | 750,000,000.00 |
| Jan 15, 2024 | IBRD-93520 | Int Charges | 320,346.44 |
| Jan 15, 2024 | IBRD-93520 | Int Charges | 24,641,800.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 03-18-2024 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-27-2024 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | N/a |
Results Framework
No data available.