Public Disclosure Copy The World Bank Implementation Status & Results Report Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility (P163 Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility (P163 SOUTH ASIA | Maldives | Urban, Resilience and Land Global Practice | IBRD/IDA | Development Policy Lending | FY 2020 | Seq No: 1 | ARCHIVED on 26-Nov-2019 | ISR39142 | 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 Overall Implementation Progress (IP) -- ►Satisfactory Overall Risk Rating -- ►High Implementation Status and Key Decisions This project was approved by the Board on July 1, 2019. The DPC with Cat DDO and PEF was signed on August 20, 2019 in Male, the Maldives. The GoM Attorney General has presented the legal opinion for the Cat DDO financing agreement and the PEF grant agreement in October 2019 and the project became effective on Nov. 7, 2019. Risks Systematic Operations Risk-rating Tool 11/26/2019 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility (P163 Risk Category Rating at Approval Previous Rating Current Rating Political and Governance ►Moderate -- ►Moderate Macroeconomic ►High -- ►High Sector Strategies and Policies ►Moderate -- ►Moderate Technical Design of Project or Program ►Moderate -- ►Moderate Institutional Capacity for Implementation and Sustainability ►High -- ►High Fiduciary ►Moderate -- ►Moderate Environment and Social ►Low -- ►Low Stakeholders ►Moderate -- ►Moderate Other ►Low -- ►Low Overall ►High -- ►High Results Results Indicators A. Enhancing the Inst. and regulatory framework to manage the impact of climate and disaster risk IN00762020 ►The Nat. Disaster Managment Authoirty (NDMA) reports on NEOP readiness (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 3.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 IN00762086 ►The Nat. Disaster Managment Plan is drafted (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 IN00762087 ►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 10.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 B. Integrating climate change and disaster risk reduciton in key sectors IN00762088 11/26/2019 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility (P163 ►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 -- 36.00 50.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 IN00762089 ►Water service coverage (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 51.00 -- 0.00 80.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 IN00762090 ►Sewerage service coverage (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 67.00 -- 0.00 90.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 C. Enhanacing the capacity to amanage human health crisis preparedness and reponse IN00762106 ►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 -- 0.00 100.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 IN00762107 ►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 -- 0.00 3.00 Date 30-Sep-2019 -- 29-Oct-2019 30-Sep-2022 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed 11/26/2019 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Development Policy Financing with a Catastrophe Deferred Drawdown Option and Pandemic Emergency Financing Facility (P163 P163939 IDA-64540 Effective USD 5.00 5.00 0.00 0.00 5.08 0% P163939 IDA-D4930 Effective USD 5.00 5.00 0.00 0.00 5.09 0% 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 Tranches Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 11/26/2019 Page 4 of 4