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Tuvalu First Climate and Disaster Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option

Abstract*

The development objective of the First Climate and Disaster Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option for Tuvalu aims to support the Government of Tuvalu to: (i) promote climate and disaster resilient fiscal policy and trade facilitation, and (ii) improve the institutional and regulatory framework for climate and disaster resilient infrastructure. As such, pillar 1 supports fiscal risk reporting and subsequent...

* 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 proposed series of two operations aims to support the Government of Tuvalu to: (i) promote climate and disaster resilient fiscal policy and trade facilitation, and (ii) improve the institutional and regulatory framework for climate and disaster resilient infrastructure.

Key Details

Project Details

  • P179820

  • Active

  • Mehwish Ashraf , Armando Guzman Escobar

  • Tuvalu

  • Tuvalu

  • April 13, 2023

  • (as of board presentation)

    September 22, 2023

  • October 9, 2023

  • US$ 0.00 million

  • Ministry of Finance

  • East Asia and Pacific

  • 2024

  • US$ 11.50 million

  • N/A

  • Not Applicable

  • October 30, 2026

  • BANK APPROVED

  • December 3, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 11.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 11.50
IBRD + IDA Commitment 11.50
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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$)
Nov 29, 2023 IDA-E2300 Loan Disb 7,466,872.00
Sep 22, 2023 IDA-E2310 Loan Commitment 4,000,000.00
Sep 22, 2023 IDA-E2300 Loan Commitment 7,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Moderately Satisfactory 2024-10-03
Overall Implementation Progress (IP) Moderately Satisfactory 2024-10-03
Progress towards achievement of PDO Moderately Satisfactory 2024-10-03
Monitoring and Evaluation Moderately Satisfactory 2024-10-03

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.