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Philippines Disaster Risk Management and Climate Development Policy Loan with a Catastrophe Deferred-Drawdown Option

Abstract*

The development objective of the Disaster Risk Management and Climate Development Policy Loan with a Catastrophe Deferred Drawdown Option for Philippines is to strengthen the Government of the Philippines’ capacity to manage disaster and climate risks, including those in the education, human settlements, and health systems. The project includes following pillars: pillar a: strengthening the resilience of the education system; pillar b: strengthening...

* 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 is to strengthen the Government of the Philippines' capacity to manage disaster and climate risks, including those in the education, human settlements, and health systems.

Key Details

Project Details

  • P180585

  • Active

  • Robert Reid

  • Republic of the Philippines,Republic of the Philippines

  • Philippines

  • May 9, 2023

  • (as of board presentation)

    November 16, 2023

  • February 1, 2024

  • US$ 0.00 million

  • Office of Civil Defense,Department of Education,Department of Science and Technology,Department of Health,Department of Education,Department of Finance,Department of Health,Department of Education,Department of Science and Technology,Department of Human Settlements and Urban Development,Department of Science and Technology,Department of Human Settlements and Urban Developemnt,Department of Health,Department of Public Works and Highways,Office of Civil Defense,Department of Education,Department of Finance

  • East Asia and Pacific

  • 2024

  • US$ 500.00 million

  • N/A

  • February 15, 2024

  • December 31, 2026

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
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$)
Feb 1, 2024 IBRD-96060 Loan Disb 2,500,000.00
Nov 16, 2023 IBRD-96060 Loan Commitment 500,000,000.00
Feb 1, 2024 IBRD-96060 Loan Disb -2,500,000.00
Feb 1, 2024 IBRD-96060 Loan Disb 2,500,000.00
Apr 15, 2024 IBRD-96060 Int Charges 10.60
Apr 15, 2024 IBRD-96060 Int Charges -10.60
Feb 1, 2024 IBRD-96060 Fee Charges 2,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Satisfactory 2024-07-08
Overall Implementation Progress (IP) Satisfactory 2024-07-08
Progress towards achievement of PDO Satisfactory 2024-07-08
Monitoring and Evaluation Satisfactory 2024-07-08

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.