| Financier | Commitments |
|---|---|
| IDA Grant | 45.00 |
Program on Sustainable Fishery Development in Red Sea and Gulf of Aden (SFISH)
Abstract*
The Red Sea and Gulf of Aden (RSGA) are globally known for the uniqueness of its coastal and marine biodiversity, and its economic, historical, and social values to the Middle East and North Africa region. Their ecosystems support a rich biological diversity with a high proportion of endemic species and therefore constituting number of UNESCO World Heritage Sites. The Red Sea has been identified as a potential climate refuge for coral reefs, because... Show More
Development Objective
The Development Objective of the overall proposed program with series of projects (SOPs) is to promote regional cooperation for sustainable fishery management in the RSGA region and strengthen the effective fishery production and value chain in RSGA countries.
The Development Objective of this first project of the program is to strengthen mechanisms for regional collaborative management of fisheries in the RSGA region and improve the effective fishery production and value chain in Yemen.
Key Details
Project Details
P178143
Active
Suiko Yoshijima , Helena Al-Naber
United Nations Development Programme,Regional Organization for the Conservation of the Environment of the Red Sea and Gulf of Aden
Yemen, Republic of
November 30, 2021
(as of board presentation)
June 3, 2022
August 17, 2022
US$ 45.00 million
Regional Organization for the Conservation of the Environment of the Red Sea and Gulf of Aden,United Nations Development Programme
2022
US$ 45.00 million
N/A
December 6, 2023
July 31, 2026
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 45.00 |
| IBRD + IDA Commitment | 45.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 45.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 3, 2022 | IDA-E0550 | Loan Commitment | 3,850,000.00 |
| Oct 21, 2022 | IDA-E0550 | Loan Disb | 300,000.00 |
| Nov 3, 2022 | IDA-E0560 | Loan Disb | 2,373,673.50 |
| Jul 17, 2023 | IDA-E0560 | Loan Disb | 9,280,405.00 |
| Jun 30, 2023 | IDA-E0550 | Loan Disb | 128,762.33 |
| Jul 11, 2024 | IDA-E0560 | Loan Disb | 2,876,246.20 |
| Mar 29, 2024 | IDA-E0560 | Loan Disb | 1,982,264.80 |
| Apr 25, 2024 | IDA-E0550 | Loan Disb | 177,382.70 |
| Dec 7, 2023 | IDA-E0550 | Loan Disb | 15,516.00 |
| Dec 8, 2023 | IDA-E0550 | Loan Disb | 275,175.40 |
| Jul 24, 2024 | IDA-E0550 | Loan Disb | 216,244.50 |
| Jun 3, 2022 | IDA-E0560 | Loan Commitment | 41,150,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2024-11-05 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-11-05 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-11-05 |
| Procurement | Moderately Satisfactory | 2024-11-05 |
| Financial Management | Moderately Satisfactory | 2024-11-05 |
| Monitoring and Evaluation | Satisfactory | 2024-11-05 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Regional mechanism for collaborative management of fisheries in the RSGA region adopted by at least four PERSGA member states Value No No Yes Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Beneficiaries of job-focused interventions Value 0.00 0.00 5600.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Beneficiaries of job-focused interventions - Female Value 0.00 0.00 0.00 Date Comment Beneficiary households experienced at least ten percent increase in their per capita household income from the baseline situation Value 0.00 0.00 60.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Sub-national climate informed participatory fishery management plans implemented Value 0.00 0.00 2.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Functioning RFIMS for fishery status reporting and decision-making Value No No Yes Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Fishers and micro and medium enterprices benefitted from voucher inputs/micro grants to develop fishery value chain activities Value 0.00 0.00 4200.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Trainers and users supported for the utilization of regional fishery management tools Value 0.00 94.00 1142.00 Date July 1, 2022 October 25, 2023 January 31, 2025 Comment Women and youth with enhanced skills with grants to establish fishery enterprises and access to market opportunities Value 0.00 0.00 1600.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Women participation Value 0.00 0.00 0.00 Date Comment Women with enhanced skills provided with grants to establish fishery enterprises and access to market opportunities Value 0.00 0.00 480.00 Date August 1, 2022 October 25, 2023 July 31, 2026 Comment Regional plan of action prepared and adopted for IUU fishing management in RSGA Value No No Yes Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Fishery associations and cooperatives supported for improved production and services Value 0.00 0.00 35.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Fishery infrastructure rehabilitated/restored with enhanced climate resilience Value 0.00 0.00 9.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Annual fishery management reports produced documenting fishery governance actions Value 0.00 0.00 4.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Beneficiaries from training and capacity building to develop the fishery value chain, responsible fishing practices, and fishery management Value 0.00 1074.00 100000.00 Date August 1, 2022 October 25, 2023 June 30, 2026 Comment Women participation Value 0.00 0.00 0.00 Date Comment