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Barbados Green and Resilient Recovery DPL

Abstract*

The development objective of the Green and Resilient Recovery Development Policy Loan (DPL) for Barbados is to support the Government of Barbados’ strategic reforms to promote low carbon economic development and resilience to the deepening global crises, including climate change. This stand-alone DPL is designed to strengthen climate resilience and low carbon economic development through the adoption of a comprehensive package of strategic policy...

* 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 Development Objective of this operation is to support the Government of Barbados’s strategic reforms to promote low carbon economic development and resilience to the deepening global crises, including climate change.

Key Details

Project Details

  • P179112

  • Closed

  • Katharina Siegmann , Anton Dobronogov

  • Barbados

  • Barbados

  • November 2, 2022

  • (as of board presentation)

    January 10, 2023

  • March 3, 2023

  • US$ 0.00 million

  • Ministry of Finance, Economic Affairs and Investment

  • Latin America and Caribbean

  • 2023

  • US$ 100.00 million

  • N/A

  • April 30, 2023

  • March 30, 2024

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 100.00
IDA Commitment N/A
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 3, 2023 IBRD-94690 Fee Charges 250,000.00
Aug 15, 2023 IBRD-94690 Int Charges 2,593,363.80
Feb 15, 2024 IBRD-94690 Int Charges 26,615.33
Mar 9, 2023 IBRD-94690 Loan Disb 99,750,000.00
Mar 3, 2023 IBRD-94690 Loan Disb 250,000.00
Feb 15, 2024 IBRD-94690 Int Charges 3,374,770.00
Jan 10, 2023 IBRD-94690 Loan Commitment 100,000,000.00
Aug 15, 2024 IBRD-94690 Int Charges 3,383,442.50
Aug 15, 2024 IBRD-94690 Int Charges 18,377.87

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.