| Financier | Commitments |
|---|---|
| IDA Grant | 56.00 |
Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience: Federated States of Micronesia (FSM PROPER)
Abstract*
The Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience (PROPER) project in the Federated States of Micronesia (FSM) (The Project, or FSM PROPER). The Project is part of the Pacific Islands Regional Oceanscape Program (PROP), a series of projects, which aims to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. The Program is structured... 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.
The Development Objective of the objective is to strengthen stakeholder capacity for regional collaboration and enhanced sector performance in fisheries, and for improved habitat preservation of the Federated States of Micronesia.
Key Details
Project Details
P178237
Active
Iretomiwa Olatunji , Xavier Vincent, Aimee Hall
Federated States of Micronesia
June 24, 2022
(as of board presentation)
October 15, 2024
February 12, 2025
US$ 30.00 million
National Oceanic Resource Management Authority,Department of Resource & Development,Department of Environment, Climate Change, and Emergency Management,Department of Health and Social Affairs
2025
US$ 56.00 million
N/A
Substantial
September 30, 2030
TBD
BANK APPROVED
May 16, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 56.00 |
| IBRD + IDA Commitment | 56.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 30.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2025-02-06 |
| Progress towards achievement of PDO | Satisfactory | 2025-02-06 |
| Financial Management | Satisfactory | 2025-02-06 |
| Monitoring and Evaluation | Satisfactory | 2025-02-06 |
| Procurement | Satisfactory | 2025-02-06 |
| Project Management | Satisfactory | 2025-02-06 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.