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Climate Resilient Infrastructure for Urban Flood Risk Management Project

Abstract*

The development objective of the Climate Resilient Infrastructure for Urban Flood Risk Management Project for Argentina is to reduce flood risk in selected cities and improve integrated urban flood risk management in Argentina, and act effectively in case of an eligible crisis or emergency. The project comprises of four components. The first component, climate resilient infrastructure for flood risk mitigation and adaptation in critical cities will...

* 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 PDO is to reduce flood risk in selected cities and improve integrated urban flood risk management in Argentina, and act effectively in case of an Eligible Crisis or Emergency.

Key Details

Project Details

  • P178534

  • Active

  • Nicolaas de Groot , Maria Ramirez

  • Agentine Republic

  • Argentina

  • June 30, 2022

  • (as of board presentation)

    June 27, 2023

  • October 20, 2023

  • US$ 200.00 million

  • Ministry of Public Works,Ministry of Economy

  • Latin America and Caribbean

  • 2023

  • US$ 200.00 million

  • N/A

  • Moderate

  • October 31, 2028

  • Yes

  • BANK APPROVED

  • February 13, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 200.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 200.00
IDA Commitment N/A
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 200.00

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 1, 2024 IBRD-95160 Int Charges 18,176.02
Jul 1, 2024 IBRD-95160 Int Charges 247,978.40
Oct 20, 2023 IBRD-95160 Fee Charges 500,000.00
Jan 1, 2024 IBRD-95160 Int Charges 7,168.32
Jun 27, 2023 IBRD-95160 Loan Commitment 200,000,000.00
Jan 1, 2024 IBRD-95160 Int Charges 113,448.63
Oct 20, 2023 IBRD-95160 Loan Disb 500,000.00
Jul 1, 2024 IBRD-95160 Int Charges 33.88
Jul 1, 2024 IBRD-95160 Int Charges 33.88

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Financial Management Satisfactory 2025-04-23
Monitoring and Evaluation Satisfactory 2025-04-23
Procurement Satisfactory 2025-04-23
Project Management Satisfactory 2025-04-23
Progress towards achievement of PDO Moderately Unsatisfactory 2025-04-23
Overall Implementation Progress (IP) Unsatisfactory 2025-04-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of people with reduced flood exposure as a result of Project interventionsValue0.000.00123000.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Number of cities that adopted improved integrated urban flood risk management practices as a result of the ProjectValue0.000.0010.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Number of people with reduced flood impacts as a result of Project interventionsValue0.000.00818000.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Operation and management plans prepared for project interventionsValue0.000.00100.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Events organized to engage civil society in flood-risk resilience, awareness, preparedness and managementValue0.000.0010.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Grievances responded and/or resolved within the stipulated service standards for response timesValue0.000.00100.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Number of cities with integration of green and/or blue interventions as a result of project's activitiesValue0.000.005.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Development and endorsement of urban water management strategies and plans at watershed scaleValue0.000.003.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Change in percentage (increase) of the share of women in subnational organizations participating in water management decisionsValue0.000.005.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Creation of new public space as a result of green/blue interventionsValue0.000.0030.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Officials and practitioners trained on increased resilience for flood-risk preparednessValue0.000.00150.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment
  • Subprojects that have incorporated feedback received on the beneficiaries participation processValue0.000.0030.00
    DateApril 25, 2023September 27, 2023October 31, 2029
    Comment