Skip to Main Navigation

Forum Fisheries Agency: Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience

Abstract*

The development objective of Forum Fisheries Agency (FFA) : Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience Project for Pacific Islands is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. This project has four components. 1) The first component, Consolidating oceanic fisheries management, has the following sub-components:...

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

Show More

Development Objective

The Development Objective of the Series of Projects is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. For FFA's second phase Project ('FFA PROPER'), the Project Development Objective (PDO) is to strengthen regional capacity for management and sustainable development of the oceanic fisheries sector in Selected Pacific Island Countries. Targeted FFA member countries include: Federated States of Micronesia, Independent State ofPapua New Guinea, Independent State of Samoa, Kingdom of Tonga, Nauru, Palau, Republic of Fiji, Republic of Kiribati, Republic of the Marshall Islands, Republic of Vanuatu, Solomon Islands, and Tuvalu.

Key Details

Project Details

  • P177661

  • Active

  • Nina Doetinchem , Xavier Vincent

  • Forum Fisheries Agency (FFA)

  • PNG & PI

  • June 24, 2022

  • (as of board presentation)

    July 28, 2023

  • August 17, 2023

  • US$ 15.00 million

  • Forum Fisheries Agency (FFA)

  • East Asia and Pacific

  • 2024

  • US$ 9.00 million

  • N/A

  • Low

  • July 31, 2028

  • Yes

  • BANK APPROVED

  • June 20, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 9.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 9.00
IBRD + IDA Commitment 9.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 15.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Jul 24, 2024 IDA-E2180 Loan Disb 272,871.50
Jun 24, 2024 IDA-E2180 Loan Disb 262,235.84
Apr 12, 2024 IDA-E2180 Loan Disb 101,470.30
Nov 6, 2023 IDA-E2180 Loan Disb 396,300.78
Dec 7, 2023 IDA-E2180 Loan Disb 1,392,361.90
Jul 28, 2023 IDA-E2180 Loan Commitment 9,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2025-02-04
Monitoring and Evaluation Moderately Satisfactory 2025-02-04
Overall Implementation Progress (IP) Moderately Satisfactory 2025-02-04
Procurement Moderately Satisfactory 2025-02-04
Project Management Moderately Satisfactory 2025-02-04
Financial Management Moderately Satisfactory 2025-02-04

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.