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Dominica Disaster Risk Management Development Policy Financing with a Catastrophe Deferred Drawdown Option

Abstract*

The development objective of the Disaster Risk Management Development Policy Credit in Dominica is to support the Government of the Commonwealth of Dominica in: (a) strengthening the legal and institutional framework to increase climate and disaster resilience in priority sectors; and (b) improving national fiscal capacity to respond to disaster and climate-related risks. It provides the policy basis for implementing the strategy, improving the Government’s...

* 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 development objective of the proposed operation is to support the Government of the Commonwealth of Dominica in: (a) strengthening the legal and institutional framework to increase climate and disaster resilience in priority sectors; and (b) improving national fiscal capacity to respond to disaster and climate-related risks.

Key Details

Project Details

  • P177807

  • Active

  • Doekle Wielinga

  • Commonwealth of Dominica

  • Dominica

  • December 20, 2021

  • (as of board presentation)

    June 3, 2022

  • July 8, 2022

  • US$ 20.00 million

  • N/A

  • February 28, 2024

  • May 6, 2025

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 20.00
IBRD + IDA Commitment 20.00
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 3, 2022 IDA-71300 Loan Commitment 20,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2024-07-15
Overall Implementation Progress (IP) Satisfactory 2024-07-15
Program Management Satisfactory 2024-07-15
Program Management Moderately Satisfactory 2024-07-15
Progress towards achievement of PDO Satisfactory 2024-07-15
Progress towards achievement of PDO Moderately Satisfactory 2024-07-15
Monitoring and Evaluation Moderately Satisfactory 2024-07-15
Overall Implementation Progress (IP) Moderately Satisfactory 2024-07-15

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.