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Maritime Investment in Climate Resilient Operations II

Abstract*

The proposed development objective (PDO) of Maritime Investments in Climate Resilient Operations II (MICRO2) is to improve the climate resilience and safety of maritime sector in Tuvalu and in case of an eligible crisis or emergency, respond promptly and effectively to it. MICRO2 is part of the Pacific Climate Resilient Transport Program (PCRTP) Series of Projects (SOP), which has four broad pillars that focus on increasing resilience in the transport...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve the climate resilience and safety of maritime sector in Tuvalu, and in case of an eligible crisis or emergency, respond promptly and effectively to it.

Key Details

Project Details

  • P177100

  • Active

  • Satoshi Ogita , Myint Kyaw, Clemens Portenlaenger

  • Tuvalu

  • Tuvalu

  • September 8, 2021

  • (as of board presentation)

    April 15, 2022

  • May 25, 2022

  • US$ 46.50 million

  • Ministry of Finance and Economic Development,Ministry of Public Works, Infrastructure Development and Water

  • East Asia and Pacific

  • 2022

  • US$ 46.50 million

  • N/A

  • June 5, 2024

  • July 31, 2029

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 46.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 46.50
IBRD + IDA Commitment 46.50
Lending Instrument
Grant Amount N/A
Total Project Cost** 46.50

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

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Sep 13, 2022 IDA-D9700 Loan Disb 136,640.00
May 15, 2024 IDA-E3240 Loan Commitment 42,000,000.00
Apr 15, 2022 IDA-D9700 Loan Commitment 46,500,000.00
Jul 30, 2024 IDA-E3240 Loan Disb 685,088.56
Apr 30, 2024 IDA-D9700 Loan Disb 61,053.79
Jul 5, 2024 IDA-E3240 Loan Disb 1,931,663.40
Aug 27, 2024 IDA-D9700 Loan Disb 121,717.44
Dec 20, 2023 IDA-D9700 Loan Disb 115,991.98
Nov 16, 2023 IDA-D9700 Loan Disb 17,490.62

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Unsatisfactory 2025-02-07
Monitoring and Evaluation Satisfactory 2025-02-07
Progress towards achievement of PDO Moderately Satisfactory 2025-02-07
Project Management Moderately Satisfactory 2025-02-07
Financial Management Satisfactory 2025-02-07
Overall Implementation Progress (IP) Moderately Satisfactory 2025-02-07

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Improvement of climate resilience and safety in maritime infrastructure on NanumangaValue0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Identified planning tools being used to improve climate resilience and safety of maritime infrastructureValue0.000.002.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Identified enabling environment solutions implementedValue0.000.005.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Improvement of climate resilience and safety in maritime infrastructure on NanumeaValue0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Improvement of climate resilience and safety in maritime infrastructure on NukufetauValue0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Grievances registered related to delivery of project benefits that are addressedValue0.000.0075.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Grievances responded and/or resolved within the stipulated service standardsValue0.000.0075.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Project beneficiaries continues to identify maritime sector investments would improve access to economic opportunitiesValue0.000.0090.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Open Contracting used to publicize procurement data and updated on a monthly basisValueNoNoYes
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • People with enhanced access to transportation services – IWT/ FerriesValue0.000.00900.00
    DateApril 15, 2022August 11, 2023July 31, 2029
    Comment
  • Unqualified audit with the time specified under the Legal AgreementValueNoNoYes
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Percentage of Project Workers who have signed the SEA/SH Code of Conduct.Value0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Percentage of Project Workers who completed an induction of the SEA/SH Code of Conduct.Value0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • GIS database used to inform disaster preparedness and responseValueGIS database not establishedGIS Data not establishedGIS database used to inform disaster preparedness
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Maritime workboat harbor at selected locations constructed with climate resilient design standardsValue0.000.003.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Number of Government staff and local consultants who have achieved improvements in skills/knowledge as a result of capacity building programs compared to pre-training baselineValue0.000.0016.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Maritime asset management system that includes climate factors in useValue0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Improve associated infrastructure of selected maritime workboat harbor locationValue0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Share of jobs generated by project investments allocated to womenValue0.000.0020.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Priority investments to improve climate resilience and safety of maritime operation in selected islands identified and implementedValue0.000.001.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • Percentage of activities to promote women’s technical employment in the transport and marine sectors implementedValue0.000.0050.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment
  • People with enhanced access to transportation servicesValue0.000.00900.00
    DateApril 15, 2022August 11, 2023July 31, 2029
    Comment
  • Share of community consultations with at least 30 percent female participationValue0.000.00100.00
    DateOctober 22, 2021April 24, 2023July 31, 2029
    Comment