Public Disclosure Copy The World Bank Implementation Status & Results Report Maldives Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facil Maldives Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facil SOUTH ASIA | Maldives | Urban, Resilience and Land Global Practice | IBRD/IDA | Development Policy Lending | FY 2020 | Seq No: 6 | ARCHIVED on 03-Jun-2022 | ISR51488 | Implementing Agencies: Ministry of Finance, REPUBLIC OF MALDIVES Key Dates Key Project Dates Bank Approval Date: 01-Jul-2019 Effectiveness Date: 07-Nov-2019 Original Closing Date: 30-Sep-2022 Revised Closing Date: 30-Sep-2022 pdoTable Project Development Objectives Program Development Objective (from Program Document) To enhance the Maldives financial capacity to effectively manage the human, physical and fiscal impact of climate change, natural disasters and disease outbreaks. 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 Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The GOM continue demonstrating full commitment to the implementation of the program supported by the Cat DDO, and the seven results indicators (RIs) for the six Prior Actions (PAs) under this operation are on track to be met by project closing date with three already met (with two exceeding their targets). The National Disaster Management Authority (NDMA) has drafted its third National Emergency Operations Plan (NEOP) readiness report, which will include aspects related to man-made disasters and humanitarian agencies. The World Bank Disaster Risk Management/Climate Change-Health team continues to monitor the evolving situation of the pandemic and is actively exploring opportunities to further the dialogue on the technical areas covered by this operation. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate 6/3/2022 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Maldives Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facil Macroeconomic High High High Sector Strategies and Policies Moderate Moderate Low Technical Design of Project or Program Moderate Moderate Low Institutional Capacity for Implementation and High Substantial Moderate Sustainability Fiduciary Moderate Moderate Low Environment and Social Low Low Low Stakeholders Moderate Moderate Moderate Other Low -- -- Overall High Moderate Moderate Results Results Indicators A. Enhancing the Inst. and regulatory framework to manage the impact of climate and disaster risk IN01143168 ►The Nat. Disaster Managment Authoirty (NDMA) reports on NEOP readiness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 2.00 3.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 IN01143211 ►The Nat. Disaster Managment Plan is drafted (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 IN01143214 ►The Building Code has been enforced through the issuance of compliance documents (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 5.00 10.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 B. Integrating climate change and disaster risk reduciton in key sectors IN01143169 ►EWS is supported with expanded meteorologial observation network with automated weather station (AWS) (Number, Custom) 6/3/2022 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Maldives Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facil Baseline Actual (Previous) Actual (Current) End Target Value 36.00 63.00 63.00 50.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 IN01143212 ►Water service coverage (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 51.00 70.00 70.00 80.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 IN01143215 ►Sewerage service coverage (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 67.00 80.00 80.00 90.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 C. Enhanacing the capacity to amanage human health crisis preparedness and reponse IN01143170 ►Health workers trained on the HEOP's gender-specific activities in crisis situations. (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 75.00 75.00 100.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 IN01143213 ►Simulations exercises on the activation and use of the HEOC are carried out (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4.00 4.00 3.00 Date 30-Sep-2019 08-Dec-2021 15-May-2022 30-Sep-2022 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P163939 IDA-64540 Effective USD 5.00 5.00 0.00 5.01 0.00 100% 6/3/2022 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Maldives Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facil P163939 IDA-D4930 Effective USD 5.00 5.00 0.00 5.01 0.00 100% P163939 TF-B0395 Closed USD 0.95 0.95 0.00 0.95 0.00 100% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P163939 IDA-64540 Effective 01-Jul-2019 20-Aug-2019 07-Nov-2019 30-Sep-2022 30-Sep-2022 P163939 IDA-D4930 Effective 01-Jul-2019 20-Aug-2019 07-Nov-2019 30-Sep-2022 30-Sep-2022 P163939 TF-B0395 Closed 01-Jul-2019 20-Aug-2019 07-Nov-2019 28-Feb-2021 28-Feb-2021 Tranches Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/3/2022 Page 4 of 4