The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) MG ethanol clean cooking climate finance program (P154440) EASTERN AND SOUTHERN AFRICA | Madagascar | IBRD/IDA | Investment Project Financing (IPF) | FY 2016 | Seq No: 11 | Archived on 22-Nov-2024 | ISR02310 Implementing Agencies: Green Development A.S. 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 05-May-2016) Increase household use of ethanol cooking stoves for reduced GHG emissions in Madagascar Has the Development Objective been changed since Board Approval of the Project Objective? Yes Current Development Objective (Approved as part of Restructuring package Seq. 1 on 11-Jun-2021) Increase household use of ethanol cooking stoves for reduced GHG emissions in Madagascar 2. COMPONENTS Name Results-based Climate Finance Payment:(Cost 10,450,000.00) TA to the GoM and GD:(Cost 250,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate 4. KEY ISSUES & STATUS Nov 22, 2024 Page 1 of 6 The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) 4.1 Implementation Status and Key Decisions The project is progressing well towards the project objective to increase household use of ethanol cooking stoves for reduced GHG emissions in Madagascar. The project is also supporting for Madagascar to establish critical carbon market infrastructure to access finance under the Paris Agreement. 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Last Approved Rating Risk Category Rating at Approval ISR Seq. 010 - 23 May Proposed Rating 2024 Political and Governance  Substantial Substantial Macroeconomic  Moderate Moderate Sector Strategies and Policies  Moderate Moderate Technical Design of Project or Program  High High Institutional Capacity for Implementation and  Moderate Moderate Sustainability Fiduciary  Low Low Environment and Social  Substantial Substantial Stakeholders  High High Overall  Moderate Moderate Nov 22, 2024 Page 2 of 6 The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Daily household ethanol 0.82 14-Mar-2024 0.60 Jun/2025 consumption of participating Comments on The questionnaire survey is still in progress. households (annual average) achieving targets (Liter) 28,000 14-Mar-2024 Direct project beneficiaries Comments on The number of ethanol stoves that have been registered under the project and monitored or (number), of which female achieving targets will be monitored for the CERs issuance. The actual number of stoves sold is higher than this (%) (Number) number. But those which were not registered correctly are not monitored. 6.2 Intermediate Results Indicators by Components Not Categorized Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 28,000 14-Mar-2024 35,000.00 Oct/2025 Ethanol stoves distributed and remaining operational Comments on The number of ethanol stoves that have been registered under the project and monitored or () achieving targets will be monitored for the CERs issuance. The actual number of stoves sold is higher than this number. But those which were not registered correctly are not monitored. Nov 22, 2024 Page 3 of 6 The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) Environmental, social, and 10 14-Mar-2024 ethanol control safeguard Comments on There is no exact figure for the number of training courses. Everyone who buys an ethanol system training provided achieving targets stove receives training, including how to use the stove safely and efficiently. (Number) Environmental, social, and 10 14-Mar-2024 ethanol control safeguard Comments on Over 50 kiosks sell ethanol, and spot checks have been carried out. system spot-check on the achieving targets value-chain carried out (Number) 50 14-Mar-2024 Local partner's satisfaction Comments on The questionnaire survey is still in progress, so the exact figure is not yet available. So far, with GD's performance achieving targets there have been no complaints and all partners and kiosk operators have given satisfactory (Percentage) feedback. Once the responses to the questionnaires have been collected, the figure will be updated. Number of actions 3 14-Mar-2024 undertaken to build capacity Comments on Several actions have been undertaken to build the capacity of the Malagasy government to in Government of achieving targets improve the enabling environment and governance of the ethanol sector. These represent Madagascar to improve the more than three times the final target. Ultimately, past results will be reviewed and the enabling environment and figure updated. governance of ethanol sector (Number) Nov 22, 2024 Page 4 of 6 The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed Historical Disbursed TF-A2574 Effective 10.45 10.45 0.00 5.40 5.05 51.71% 10.45 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing TF-A2574 Effective 06-May-2016 06-May-2016 06-May-2016 30-Jun-2025 31-Oct-2025 8. KEY DATES Nov 22, 2024 Page 5 of 6 The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) Key Events Planned Actual Approval 12-Nov-2015 06-May-2016 Effectiveness 06-May-2016 06-May-2016 Mid-Term Review No. 01 26-Sep-2019 26-Sep-2019 Operation Closing/Cancellation 31-Oct-2025 9. RESTRUCTURING HISTORY Restructuring Level 2 Approved on 10-Jun-2021 Restructuring Level 2 Approved on 01-Mar-2023 10. ASSOCIATED OPERATION(S) There are no associated operations Nov 22, 2024 Page 6 of 6