| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 160.00 |
First Serbia Green Transition Programmatic Development Policy Loan
Abstract*
The development objective of the First Serbia Green Transition Programmatic Development Policy Loan for Serbia is to support the Government of Serbia’s (GoS’s) efforts to: (1) better align fiscal management with the climate-change agenda, (2) accelerate the clean energy transition, and (3) align with European Union (EU) standards on environment and climate action. Maintaining a stable macro-fiscal framework and promoting climate smart fiscal policy... Show More
Development Objective
The objective of the First Serbia Green Transition Programmatic Development Policy Loan is to support the Government of Serbia’s efforts to: 1) better align fiscal management with the climate-change agenda, 2) accelerate the clean energy transition, and 3) align with European Union standards on environment and climate action.
Key Details
Project Details
P177410
Closed
Lazar Sestovic , Sameer Akbar, Katharina Gassner
Republic of Serbia
Serbia
November 30, 2021
(as of board presentation)
March 9, 2023
August 28, 2023
US$ 0.00 million
Ministry of Finance
2023
US$ 160.00 million
N/A
Not Applicable
June 30, 2024
BANK APPROVED
January 3, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 160.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 160.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 9, 2023 | IBRD-94760 | Loan Commitment | 160,000,000.00 |
| Jun 27, 2024 | IBRD-94760 | Loan Disb | 160,051,824.00 |
| Aug 28, 2023 | IBRD-94760 | Loan Disb | 405,179.70 |
| Apr 15, 2024 | IBRD-94760 | Int Charges | 2,167.25 |
| Apr 15, 2024 | IBRD-94760 | Int Charges | 85,213.77 |
| Apr 15, 2024 | IBRD-94760 | Int Charges | 9,237.11 |
| Apr 15, 2024 | IBRD-94760 | Int Charges | 199,418.92 |
| Aug 28, 2023 | IBRD-94760 | Fee Charges | 405,179.70 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2024-05-17 |
| Progress towards achievement of PDO | Satisfactory | 2024-05-17 |
| Monitoring and Evaluation | Satisfactory | 2024-05-17 |
| Program Management | Satisfactory | 2024-05-17 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.