The World Bank Implementation Status & Results Report Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa (P149521) Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa (P149521) AFRICA EAST | South Africa | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2017 | Seq No: 8 | ARCHIVED on 16-Sep-2021 | ISR48284 | Implementing Agencies: Department of Mineral Resources and Energy (DMRE), National Treasury, Council for Geoscience (CGS) Key Dates Key Project Dates Bank Approval Date: 22-Mar-2017 Effectiveness Date: 10-Nov-2018 Planned Mid Term Review Date: 29-Jul-2022 Actual Mid-Term Review Date: Original Closing Date: 30-Dec-2021 Revised Closing Date: 30-Dec-2021 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) is to assess the feasibility of, and build expert capacity for, carbon capture and storage in South Africa. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Pilot Carbon Dioxide (CO2) Storage Project:(Cost $36.50 M) Carbon Dioxide (CO2) Capture Pilot Project Front-End Engineering Design:(Cost $1.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Unsatisfactory Unsatisfactory Overall Implementation Progress (IP) Unsatisfactory Unsatisfactory Overall Risk Rating High High Implementation Status and Key Decisions Project implementation progress has been slow and following a request from the Department of Mineral Resources and Energy the project was restructured by the World Bank in June 2021. As a result of the restructuring: (i) Implementing agency responsibility has been transferred to the Council for Geoscience; (ii) The site for the Pilot Carbon Dioxide Storage Project has been from Kwa-Zulu Natal Province to Mpumalanga Province, which is in closer proximity to emission sources; and (iii) The project closing date was extended from December 2021 to June 2023. 9/16/2021 Page 1 of 5 The World Bank Implementation Status & Results Report Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa (P149521) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Low Moderate Moderate Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program High High High Institutional Capacity for Implementation and High High High Sustainability Fiduciary Low Low Low Environment and Social Substantial Substantial Substantial Stakeholders Substantial Substantial Substantial Other Substantial Substantial Substantial Overall High High High Results PDO Indicators by Objectives / Outcomes Completion of the assessment of the feasibility of CO2 storage in the Zululand Bain in South Africa IN01040393 ►Completion of the assessment of the feasibility of CO2 storage in the Zululand Bain in South Africa (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Cumulative South African professionals trained and hired/contracted to work on the PCSP IN01040391 ►Cumulative South African professionals trained and hired/contracted to work on the PCSP (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 10.00 10.00 10.00 30.00 Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Completion and approval of the CCPP FEED (Yes/No) IN01040392 9/16/2021 Page 2 of 5 The World Bank Implementation Status & Results Report Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa (P149521) ►Completion and approval of the CCPP FEED (Yes/No) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Intermediate Results Indicators by Components Cumulative PCSP seismic surveys completed IN01040395 ►Cumulative PCSP seismic surveys completed (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Cumulative PCSP wells drilled IN01040398 ►Cumulative PCSP wells drilled (Number) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 7.00 Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 PCSP site confirmed IN01040396 ►PCSP site confirmed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Cumulative annual public engagement summaries disclosed IN01040397 ►Cumulative annual public engagement summaries disclosed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 9/16/2021 Page 3 of 5 The World Bank Implementation Status & Results Report Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa (P149521) Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Cumulative CCPP FEED progress reports completed IN01040394 ►Cumulative CCPP FEED progress reports completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 8.00 Date 21-Mar-2017 15-Sep-2020 15-Sep-2020 30-Dec-2021 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P149521 TF-A3137 Effective USD 23.00 23.00 0.00 0.00 23.00 0%% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P149521 TF-A3137 Effective 22-Mar-2017 09-Feb-2018 10-Nov-2018 30-Dec-2021 30-Dec-2021 Cumulative Disbursements 9/16/2021 Page 4 of 5 The World Bank Implementation Status & Results Report Technical Assistance Project for the Development Carbon Capture and Storage in the Republic of South Africa (P149521) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 9/16/2021 Page 5 of 5