| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 400.00 |
| Local Beneficiaries | 33.00 |
| Borrower/Recipient | 1.00 |
| Local Govts. (Prov., District, City) of Borrowing Country | 14.00 |
Clean Energy for Vulnerable Households and Communities Project
Abstract*
The development objective of the Clean Energy for Vulnerable Households and Communities Project for Argentina is to increase energy access and energy efficiency in vulnerable households and communities and to respond promptly and effectively in case of an eligible crisis or emergency. The project comprises of four components. The first component, increase energy access in vulnerable households and communities supports interventions to improve access... Show More
Development Objective
The objective of the Project is to increase energy access and energy efficiency in vulnerable households and communities and to respond promptly and effectively in case of an Eligible Crisis or Emergency.
Key Details
Project Details
P178553
Active
Lucia Spinelli
Argentine Republic
June 6, 2022
(as of board presentation)
June 27, 2023
October 19, 2023
US$ 416.00 million
Secretariat of Energy
2023
US$ 400.00 million
N/A
Moderate
June 30, 2029
Yes
BANK APPROVED
February 7, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 400.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 400.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 416.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 27, 2023 | IBRD-95210 | Loan Commitment | 400,000,000.00 |
| Jan 1, 2024 | IBRD-95210 | Int Charges | 195,931.52 |
| Oct 30, 2023 | IBRD-95210 | Loan Disb | 40,000,000.00 |
| Jan 1, 2024 | IBRD-95210 | Int Charges | 195,931.52 |
| Jan 1, 2024 | IBRD-95210 | Int Charges | 313,636.90 |
| Jul 1, 2024 | IBRD-95210 | Int Charges | 1,044,136.20 |
| Oct 19, 2023 | IBRD-95210 | Fee Charges | 1,000,000.00 |
| Oct 19, 2023 | IBRD-95210 | Loan Disb | 1,000,000.00 |
| Jul 1, 2024 | IBRD-95210 | Int Charges | 446,297.80 |
| Jul 1, 2024 | IBRD-95210 | Int Charges | 446,297.80 |
| Jul 1, 2024 | IBRD-95210 | Int Charges | 2,243.36 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Moderately Satisfactory | 2025-01-29 |
| Procurement | Moderately Satisfactory | 2025-01-29 |
| Project Management | Moderately Satisfactory | 2025-01-29 |
| Financial Management | Moderately Satisfactory | 2025-01-29 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-01-29 |
| Financial Management | Moderately Satisfactory | 2025-01-29 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-01-29 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-01-29 |
| Procurement | Moderately Satisfactory | 2025-01-29 |
| Project Management | Moderately Satisfactory | 2025-01-29 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-01-29 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-01-29 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
People provided with increased energy efficiency Value 0.00 0.00 1250000.00 Date July 1, 2023 September 22, 2023 June 30, 2029 Comment People provided with new or improved electricity service Value 0.00 0.00 233000.00 Date July 1, 2023 September 22, 2023 June 30, 2029 Comment Projected energy or fuel savings Value 0.00 0.00 10170000000.00 Date July 1, 2023 September 22, 2023 June 30, 2029 Comment Projected energy or fuel savings Value 0.00 0.00 5900000000.00 Date July 1, 2023 September 22, 2023 June 30, 2029 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Generation capacity of mini-grids Value 0.00 0.00 9.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment People provided with efficient refrigerators in households Value 0.00 0.00 576000.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Development of an assessment of the participation of rural women in employment in the renewable energy sector Value No --- Yes Date July 1, 2023 September 22, 2023 May 31, 2029 Comment People provided with new or improved energy access through mini-grids Value 0.00 0.00 43700.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Lifetime energy savings from the deployment of efficient appliances Value 0.00 0.00 2210.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Knowledge outputs and evidence produced to strengthen the energy sector's sustainability. Value 0.00 0.00 10.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Generation capacity of solar PV systems Value 0.00 0.00 9.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Energy efficiency campaigns launched Value 0.00 0.00 3.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment People provided with new or improved energy access through solar PV systems Value 0.00 0.00 136000.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Beneficiaries satisfied with the process to obtain a new and efficient refrigerator and resulting in improved energy efficiency Value 0.00 0.00 70.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment People trained on clean energy issues in connection with the Project Value 0.00 0.00 2000000.00 Date July 1, 2023 September 22, 2023 June 30, 2029 Comment People provided with new or improved energy access through solar thermal systems Value 0.00 0.00 24300.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment People provided with efficient lighting in community centers Value 0.00 0.00 680000.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment of which females Value 0.00 0.00 0.00 Date Comment People provided with access to energy for productive uses Value 0.00 0.00 28600.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Lifetime energy savings from the deployment of efficient lighting in community centers Value 0.00 0.00 630.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Change in the time women spend on domestic/unpaid care work Value 0.00 0.00 -10.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Beneficiaries satisfied with the process to obtain new and efficient lighting and resulting in improved energy efficiency Value 0.00 0.00 75.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Net greenhouse gas (GHG) emissions Value 0.00 0.00 19400.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment Net greenhouse gas (GHG) emissions Value 0.00 0.00 58200.00 Date July 1, 2023 September 22, 2023 May 31, 2029 Comment