| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 70.00 |
Climate Resilience and Agriculture Development Project
Abstract*
The proposed project is fully aligned with the upcoming CPF FY23-27 which attaches great importance to improving competitiveness, enhance resilience and support a more sustainable growth. The Albania Climate Resilience and Agriculture Development Project (CRAD) will contribute to Objective 3.2: “Depolluting the economy and better managing natural resources” for High Level Outcome 3 (HLO 3) “Enhanced resilience to climate change and natural risks and... Show More
Development Objective
The Project Development Objective is to increase competitiveness and climate resilience of priority agri-food value chains.
Key Details
Project Details
P178715
Active
Teklu Toli , Raimund Mair
Republic of Albania
June 4, 2022
(as of board presentation)
March 16, 2023
February 15, 2024
US$ 70.00 million
Ministry of Agriculture and Rural Development
2023
US$ 70.00 million
N/A
June 25, 2023
September 30, 2028
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 70.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 70.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 70.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 9, 2024 | IBRD-94890 | Loan Disb | 2,173,800.00 |
| May 1, 2024 | IBRD-94890 | Int Charges | 99,039.91 |
| Feb 15, 2024 | IBRD-94890 | Loan Disb | 173,386.40 |
| Feb 15, 2024 | IBRD-94890 | Fee Charges | 173,386.40 |
| May 1, 2024 | IBRD-94890 | Int Charges | 1,796.94 |
| Mar 16, 2023 | IBRD-94890 | Loan Commitment | 70,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-12-22 |
| Procurement | Satisfactory | 2024-12-22 |
| Project Management | Satisfactory | 2024-12-22 |
| Financial Management | Satisfactory | 2024-12-22 |
| Monitoring and Evaluation | Satisfactory | 2024-12-22 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-12-22 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.