| Financier | Commitments |
|---|---|
| IDA Grant | 13.05 |
Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience: Tuvalu
Abstract*
The proposed PROPER project comprises three technical components aligned with the conceptional framework for project design under the PROP series of projects (SOP), as well as project management and monitoring.
Component 1: Strengthening Policy and Institutions
Component 2: Strengthening Regional Collaboration and National Capacity for Oceanic Fisheries
Component 3: Strengthening Regional Collaboration and National Capacity for Coastal Fisheries
Component... 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.
For Tuvalu’s second phase’s project (“Tuvalu PROPER”), the proposed Project Development Objective (PDO) is to strengthen regional collaboration and national capacity for the management and the sustainable development of the oceanic and coastal fisheries sector in Tuvalu.
Key Details
Project Details
P179599
Active
Iretomiwa Olatunji , Xavier Vincent, Aimee Hall
Tuvalu
March 10, 2023
(as of board presentation)
December 8, 2023
January 30, 2024
US$ 12.00 million
Tuvalu Fisheries Department
2024
US$ 13.05 million
N/A
February 25, 2024
December 31, 2029
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 13.05 |
| IBRD + IDA Commitment | 13.05 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 12.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 26, 2024 | IDA-E2750 | Loan Disb | 298,979.12 |
| Feb 6, 2024 | IDA-E2750 | Loan Disb | 494,186.47 |
| Dec 8, 2023 | IDA-E2750 | Loan Commitment | 13,050,000.00 |
| May 2, 2024 | IDA-E2750 | Loan Disb | 407,504.12 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2024-11-12 |
| Project Management | Moderately Satisfactory | 2024-11-12 |
| Monitoring and Evaluation | Satisfactory | 2024-11-12 |
| Progress towards achievement of PDO | Satisfactory | 2024-11-12 |
| Financial Management | Satisfactory | 2024-11-12 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-11-12 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.