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Vanuatu Second Disaster Risk Management Development Policy Grant with a Catastrophe Deferred Drawdown Option

Development Objective

The Program Development Objective (PDO) is to enhance the Recipient's regulatory framework and institutional capacity to: (i) manage and reduce the risks from natural disasters and climate change; and (ii) to better manage public debt and enhance debt transparency.

Key Details

Project Details

  • P176930

  • Active

  • Tevi Obed , Lodewijk Smets, Georgina McArthur

  • Republic of Vanuatu

  • Vanuatu

  • October 7, 2021

  • (as of board presentation)

    June 22, 2022

  • August 31, 2022

  • US$ 0.00 million

  • Ministry of Finance and Economic Management

  • East Asia and Pacific

  • 2022

  • US$ 10.00 million

  • N/A

  • July 18, 2023

  • June 30, 2025

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 10.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 10.00
IBRD + IDA Commitment 10.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

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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$)
Jun 22, 2022 IDA-D9750 Loan Commitment 10,000,000.00
Mar 10, 2023 IDA-D9750 Loan Disb 9,555,552.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Moderately Satisfactory 2024-11-28
Progress towards achievement of PDO Moderately Satisfactory 2024-11-28
Monitoring and Evaluation Moderately Satisfactory 2024-11-28
Overall Implementation Progress (IP) Moderately Satisfactory 2024-11-28

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.