Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) LATIN AMERICA AND CARIBBEAN | Panama | Urban Development Global Practice | IBRD/IDA | Development Policy Lending | FY 2012 | Seq No: 7 | ARCHIVED on 23-Jun-2015 | ISR19794 | Implementing Agencies: Key Dates Key Project Dates Board Approval date:18-Oct-2011 Effectiveness Date:07-Mar-2012 Planned Mid Term Review Date:-- Actual Mid-Term Review Date:-- Original Closing Date:30-Nov-2012 Revised Closing Date:30-Nov-2017 Program Development Objectives Program Development Objective (from Program Document) The overall development objective of the proposed operation is to enhance the Government of Panama's capacity to implement its disaster risk management program for natural disasters as part of its disaster risk management (DRM) national framework. The DPL with CAT DDO will provide a source of immediate liquidity in case of a natural disaster. The DPL with a CAT DDO instrument is designed to be a quick and flexible source of financing. PHRPDODEL Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Satisfactory  Satisfactory Overall Risk Rating  Low  Low Implementation Status and Key Decisions This project was approved on October 18, 2011, signed on January 4, 2012, declared effective on March 7, 2012, and extended on May 21, 2014 through November 30, 2017. The GoP has consistently continued implementing its DRM Program and has shown steady progress towards achieving the PDO in three areas. The Bank has assisted the GoP to achive this and provided additional TA. I. Comprehensive Disaster Risk Management National Policy-PNGIRD. A National Forum on the Implementation of the PNGIRD, as part of the monitoring and evaluation mechanism envisaged in the PNGIRD, was convened successfully by the new management of SINAPROC in December 2014, gathering public sector, civil society, academia, and local authorities. Today, SINAPROC is focusing on strengthening the local and community DRM capacities and has developed a strategic plan to target a group of thirty five (35) Districts in Panama for 2015-2016. II. DRM National Plan. The SINAPROC National Directorate new management is currently reviewing the DRM Plan 2015-2020 approved by the DRM National Platform under the previous administration. In this context, the GoP commissioned a UN Inter-agency and a Country Peer Review team to assess the disaster risk reduction satus in the country, which was conducted during January and February, 2015. The results of this will inform the revised DRM National 6/23/2015 Page 1 of 4 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) Plan, harmonizing its objectives with the recently adopted Sendai Framework for Action at the global level. During the reported period, MIVIOT, in partnership with the Ministry of Education, Ministry of Health and technical institutions, completed the first probabilistic seismic risk assessment for a selected area of Panama City, and its results were presented in a national workshop in April 2015. III. MEF Directorate of Investment, Concessions, and Risks (DICRE) finalized the development of a Disaster Risk Financing and Insurance Strategic Framework. This Strategic Framework will be implemented through a 5-year Action Plan being developed by DICRE with Bank’s support. An advanced draft of this Plan has been introduced to and discussed with key institutional stakeholders in a technical workshop held on May 27, 2015. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Low  Low Macroeconomic  --  Low  Low Sector Strategies and Policies  --  Low  Low Technical Design of Project or Program  --  Low  Low Institutional Capacity for Implementation and Sustainability  --  Low  Low Fiduciary  --  Low  Low Environment and Social  --  Low  Low Stakeholders  --  Low  Low Other  --  --  Low Overall  --  Low  Low Results Results Indicators PHINDIRITBL  Increased GoP capacity for disaster risk reduction (DRR) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.00 4.00 4.00 6.00 Date 30-Jan-2012 10-Dec-2014 09-Jun-2015 30-Nov-2017 Comments The key expected results and their status are: Disaster Risk criteria incorporated in the National Public Investment System (SNIP) and increased number of provinces with updated emergency response protocols. The GoP actions for updating the normative framework and make mandatory the inclusion of the disaster risk analysis in the SNIP, using 6/23/2015 Page 2 of 4 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) the guidelines already developed by MEF are part of the Strategic DRFI Framework adopted in 2014. Yet, the GoP is to continue working on developing new emergency protocols, including for the recently inaugurated “Panama City metro. PHINDIRITBL  Key ministries carried out DRR priority actions identified in the 2011-2015 DRMNP (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 4.00 6.00 Date 30-Jan-2012 10-Dec-2014 09-Jun-2015 30-Nov-2017 Comments The key expected results and their status are: Key ministries carried out DRR priority actions identified in the 2011 – 2015 DRMNP. Baseline: 0 - The Ministry of Finance (MEF), the Ministry of Housing and Land Use Planning (MIVIOT), and the Ministry of Environment (formerly ANAM) achieved relevant targets against the Disaster Risk Management Plan 2011-2013. These three ministries have continued implementing relevant DRM activities envisaged in the new DRM Plan. The expanded target is to increase the number of Ministries carrying out DRR priority actions identified in the 2015–2020 DRMNP to 6 from the original 3. In this context, the Ministry of Education (MEDUCA) achieved a major milestone with the enactment of Law No. 38, approved on December 4, 2014, which establishes the teaching of integral risk management as mandatory at all educational levels. This Law assigns specific responsibilities for the Environmental Directorate of MEDUCA and the universities to implement this mandate and provides a set of priority actions to be monitored in the forthcoming years. PHINDIRITBL  DRM financial protection policies, strategies, or instruments developed. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 30-Jan-2012 10-Dec-2014 09-Jun-2015 30-Nov-2017 Comments The key expected results and their status are: DRM financial protection policies, strategies, or instruments developed. The new targets agreed included: (i) the DRFI Strategic Framework formally adopted and (ii) Operational Plan for the DRFI Strategic Framework drafted and formally adopted. MEF Directorate of Investment, Concessions, and Risks (DICRE), with the Bank support, developed a Disaster Risk Financing and Insurance Strategic Framework which has been adopted. As reported before, a 5 year action plan has been drafted by DICRE and reviewed by key stakeholders in an open workshop convened on May 27, 2015. Overall Comments 6/23/2015 Page 3 of 4 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a CAT DDO (P122738) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P122738 IBRD-80870 Effective USD 66.00 66.00 0.00 0.00 66.00 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P122738 IBRD-80870 Effective 18-Oct-2011 04-Jan-2012 07-Mar-2012 30-Nov-2012 30-Nov-2017 Tranches Restructuring History There has been no restructuring to date. Related Operations There are no related projects. 6/23/2015 Page 4 of 4 Public Disclosure Copy