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Vanuatu Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option

Abstract*

The development objectives of the Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option for Vanuatu are to: (1) promote fiscal resilience and transparency, and (2) strengthen climate and disaster risk management. The operation will help enhance fiscal and climate resilience in the aftermath of the earthquake. It is designed as a standalone operation to establish an initial record of reform and to ensure a tailored response...

* 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 program development objectives are to 1) promote fiscal resilience and transparency, and 2) strengthen climate and disaster risk management.

Key Details

Project Details

  • P506285

  • Active

  • Vishesh Agarwal , Armando Guzman Escobar, Lodewijk Smets

  • Republic of Vanuatu

  • Vanuatu

  • October 20, 2024

  • (as of board presentation)

    January 14, 2025

  • February 14, 2025

  • US$ 0.00 million

  • Ministry of Finance and Economic Management

  • East Asia and Pacific

  • 2025

  • US$ 30.00 million

  • N/A

  • N/A

  • January 13, 2028

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 30.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 30.00
IBRD + IDA Commitment 30.00
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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.