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: 5 | ARCHIVED on 18-Jan-2022 | ISR49625 | 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 operation is on track to achieving its set targets with three already met and two exceeded: 63 automated weather stations have been financed to expand the meteorological observation network compared to a target of 50 (some requiring repair); and four simulations exercises on the activation and use of the Health Emergency Operations Centre have been carried out compared to a target of three. The National Disaster Management Authority (NDMA) has delivered its second National Emergency Operations Plan (NEOP) readiness report, that highlights the interoperability of the NEOP Emergency Alerting Levels system by ensuring the alignment of these levels with the Maldives Meteorological Service (MMS) alert levels. 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 1/18/2022 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 Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic High High High Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and High Substantial Substantial Sustainability Fiduciary Moderate Moderate Moderate 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 IN01081293 ►The Nat. Disaster Managment Authoirty (NDMA) reports on NEOP readiness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.00 3.00 Date 30-Sep-2019 24-Jun-2021 08-Dec-2021 30-Sep-2022 IN01081301 ►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 24-Jun-2021 08-Dec-2021 30-Sep-2022 IN01081304 ►The Building Code has been enforced through the issuance of compliance documents (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 2.00 10.00 Date 30-Sep-2019 24-Jun-2021 08-Dec-2021 30-Sep-2022 1/18/2022 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 B. Integrating climate change and disaster risk reduciton in key sectors IN01081294 ►EWS is supported with expanded meteorologial observation network with automated weather station (AWS) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 36.00 63.00 63.00 50.00 Date 30-Sep-2019 24-Jun-2021 08-Dec-2021 30-Sep-2022 IN01081302 ►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 01-Jul-2021 08-Dec-2021 30-Sep-2022 IN01081305 ►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 01-Jul-2021 08-Dec-2021 30-Sep-2022 C. Enhanacing the capacity to amanage human health crisis preparedness and reponse IN01081295 ►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 11.00 75.00 100.00 Date 30-Sep-2019 24-Jun-2021 08-Dec-2021 30-Sep-2022 IN01081303 ►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 24-Jun-2021 08-Dec-2021 30-Sep-2022 Data on Financial Performance Disbursements (by loan) 1/18/2022 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 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% 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. 1/18/2022 Page 4 of 4