Public Disclosure Copy The World Bank Implementation Status & Results Report Dominican Republic Second DRM Development Policy Loan with a Catastrophe Deferred Drawdown Option (P178122) Dominican Republic Second DRM Development Policy Loan with a Catastrophe Deferred Drawdown Option (P178122) LATIN AMERICA AND CARIBBEAN | Dominican Republic | Urban, Resilience and Land Global Practice | IBRD/IDA | Development Policy Lending | FY 2023 | Seq No: 1 | ARCHIVED on 05-Jun-2023 | ISR56298 | Implementing Agencies: Dominican Republic, Ministry of Finance Key Dates Key Project Dates Bank Approval Date: 02-Dec-2022 Effectiveness Date: -- Original Closing Date: 15-Jan-2026 Revised Closing Date: 15-Jan-2026 pdoTable Project Development Objectives Program Development Objective (from Program Document) The proposed operation aims at supporting the GoDR’s management of risks resulting from natural and public health adverse events, by (i) strengthening disaster risk reduction in territorial planning and the housing sector, and (ii) strengthening disaster risk preparedness, response and recovery through shock-responsive social protection and fiscal risk management. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Satisfactory Overall Implementation Progress (IP) -- Satisfactory Overall Risk Rating -- Moderate Implementation Status and Key Decisions The operation was approved by the World Bank on December 2, 2022, and the Loan Agreement was signed on January 31, 2023. The Loan agreement was submitted for approval to the Congress of the Dominican Republic. It has not been approved to date. Congressional approval is required for the Loan to reach effectiveness. In the meantime, the World Bank and the Government are scoping out the technical assistance required for the achievement of the agreed results under the matrix of policies. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate -- Moderate Macroeconomic Moderate -- Moderate 6/5/2023 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Dominican Republic Second DRM Development Policy Loan with a Catastrophe Deferred Drawdown Option (P178122) Sector Strategies and Policies Moderate -- Moderate Technical Design of Project or Program Substantial -- Substantial Institutional Capacity for Implementation and Substantial -- Substantial Sustainability Fiduciary Moderate -- Moderate Environment and Social Moderate -- Moderate Stakeholders Moderate -- Moderate Other -- -- -- Overall Moderate -- Moderate Results Results Indicators Strengthening disaster risk reduction in territorial planning and the housing sector IN01303078 ►1A: First risk-informed National Territorial Plan, approved (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1.00 Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 IN01303079 ►1B: Local authorities with risk-informed territorial planning instruments aligned with the TP Law (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 15.00 Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 IN01303086 ►2:Territorial coverage of the public geodetic Continuously Operating Reference Stations – CORS (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 23.50 -- 23.50 45.00 Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 IN01303087 ►3: A consolidated building code, including seismic and building materials regulations and hurricane resilience standards, following international standards, adopted (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1.00 6/5/2023 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Dominican Republic Second DRM Development Policy Loan with a Catastrophe Deferred Drawdown Option (P178122) Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 Strengthening disaster risk preparedness, response and recovery through shock-responsive SP and FRM IN01303088 ►4A: Defined operational guidelines for the emergency cash transfers (Bono de Emergencia), approved (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1.00 Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 IN01303083 ►4B: Female-headed households added to SIUBEN+ target (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 65.00 Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 IN01303084 ►Inclusion of modelled economic and fiscal losses associated with disaster and climate risk in the Budget preparation, following the new Methodology (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 2.00 Date 03-Nov-2022 -- 19-May-2023 15-Jan-2026 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed Not P178122 IBRD-94520 USD 230.00 230.00 0.00 0.00 230.00 0% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Not P178122 IBRD-94520 02-Dec-2022 27-Jan-2023 -- 15-Jan-2026 15-Jan-2026 Effective Tranches 6/5/2023 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Dominican Republic Second DRM Development Policy Loan with a Catastrophe Deferred Drawdown Option (P178122) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/5/2023 Page 4 of 4