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Peru: Enabling a Green and Resilient Development DPF

Abstract*

The development objectives of the Enabling a Green and Resilient Development Policy Financing in Peru support Government policies to: (i) strengthen the foundations for a green economic recovery; (ii) build resilience and enhance climate change adaptation; and (iii) support the transition towards a greener economy in selected sectors. The first pillar supports reforms for a greener economic recovery. It does so by supporting the expansion of green...

* 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

The Program Development Objective is to support Government policies to: (i) strengthen the foundations for a green economic recovery, (ii) build resilience and enhance climate change adaptation and (iii) support the transition towards a greener economy in selected sectors

Key Details

Project Details

  • P177765

  • Closed

  • Paula Restrepo Cadavid , Diana Rubiano Vargas, Bledi Celiku

  • Republic of Peru

  • Peru

  • October 18, 2021

  • (as of board presentation)

    March 31, 2022

  • September 29, 2022

  • US$ 500.00 million

  • N/A

  • March 24, 2023

  • June 30, 2023

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
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$)
Nov 4, 2022 IBRD-93630 Fee Charges 1,250,000.00
Dec 15, 2023 IBRD-93630 Int Charges 265,900.47
Jun 15, 2023 IBRD-93630 Int Charges 2,030,144.00
Jun 15, 2023 IBRD-93630 Int Charges 78,767.13
Mar 31, 2022 IBRD-93630 Loan Commitment 500,000,000.00
Jun 15, 2024 IBRD-93630 Int Charges 99,416.81
Jun 15, 2024 IBRD-93630 Int Charges 16,251,555.00
Dec 15, 2023 IBRD-93630 Int Charges 15,311,115.00
Nov 14, 2022 IBRD-93630 Loan Disb 500,000,000.00
Jun 15, 2023 IBRD-93630 Int Charges 13,323,966.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Moderately Satisfactory 2023-03-28
Progress towards achievement of PDO Satisfactory 2023-03-28
Overall Implementation Progress (IP) Moderately Satisfactory 2023-03-28
Program Management Satisfactory 2023-03-28

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Allocation reports are prepared and published, in line with Peru's sustainable bond frameworkValue0.001.002.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Reduction in the average time to develop and approve technical dossiers of investments applying the Building Information Modeling (BIM) methodology (%)Value0.000.0010.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Number of detailed EIAs and EIA modifications that are evaluated within the timeframe established by the regulatory framework, and that receive on time binding technical opinions (%)Value33.000.0067.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Number of people living in areas with local Emergency Operation Centers (EOCs) operating according to new guidelines.Value0.00311976.002000000.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Number of people living in cities or populated settlements with urban planning instruments that integrate disaster risk management,public spaces management in accordance with Law No. 31313Value0.000.005500000.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Number of housing projects from MiVivienda certified with the new Technical Code for Sustainable ConstructionValue0.000.00300.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Reduction of GHG emissions and local pollutants (PM2.5, SO2 and NOx)Value0.000.000.92
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Solar Home Systems (SHS) capacity provided by PPPs (MW)Value0.000.006.50
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Nominal power of non-conventional renewable energy generation awarded in the first supply auction that introduce hourly blocks (MW)Value0.000.0050.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment
  • Annual Energy savings from public sector buildings and energy efficient appliances (Gwh)Value0.000.0070.00
    DateDecember 1, 2021December 21, 2022June 30, 2023
    Comment