The World Bank Implementation Status & Results Report Caixa Solid Waste Mgt (P124663) Caixa Solid Waste Mgt (P124663) LATIN AMERICA AND CARIBBEAN | Brazil | Urban, Resilience and Land Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2012 | Seq No: 5 | ARCHIVED on 18-Dec-2020 | ISR44208 | Implementing Agencies: Caixa Economica Federal, Caixa Economica Federal Key Dates Key Project Dates Bank Approval Date: 05-Dec-2011 Effectiveness Date: 05-Dec-2011 Planned Mid Term Review Date: -- Actual Mid-Term Review Date: Original Closing Date: 30-Jun-2022 Revised Closing Date: 30-Jun-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) Project will support the creation of a Program within the Caixa Economica Federal do Brazil, through which Caixa will be able to identify, prepare and partially finance emission reduction activities under solid waste management projects and sell the resulting emissions reductions credits. 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 Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions Emission Reductions Purchase Agreement (ERPA) for Caruaru and Petrolina – financed by the Second Tranche of the Carbon Fund of the Carbon Partnership Facility (CPF) – was signed on August 1, 2020. The first monitoring report for São Gonçalo has been published by the CDM EB on November 24, 2020. Risks Systematic Operations Risk-rating Tool 12/18/2020 Page 1 of 5 The World Bank Implementation Status & Results Report Caixa Solid Waste Mgt (P124663) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Substantial Substantial Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Moderate Moderate Stakeholders -- Low Low Other -- -- Moderate Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes Creation of a Program within the Caixa Economica Federal do Brasil IN00928467 ►Program of Activities (PoA) registered by the UNFCCC (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- Yes Yes Date 05-Dec-2011 -- 01-Dec-2020 30-Jun-2021 Target was achieved on October 5, 2012. Comments: Tradable emission reduction credits generated by solid waste management projects IN00928525 ►Emission reductions generated by the Caixa Programme of Activities (PoA) (TF-11236) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 2,500,000.00 2,500,000.00 Date 05-Dec-2011 -- 01-Dec-2020 30-Jun-2022 Target was achieved on April 26, 2019 Comments: IN00933954 ►Emission reductions generated by the Itaoca and Candeias Landfill (TF-11237) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 12/18/2020 Page 2 of 5 The World Bank Implementation Status & Results Report Caixa Solid Waste Mgt (P124663) Value 0.00 -- 546,581.00 500,000.00 Date 05-Dec-2011 -- 09-Dec-2020 30-Jun-2022 Target was achieved on April 18, 2017. Comments: IN00933945 ►Emission reductions generated by São Gonçalo Landfill (TF-0B0774) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 817,180.00 Date 01-Jun-2020 -- 09-Dec-2020 30-Jun-2022 IN00934096 ►Emission reductions generated by Caruaru and Petrolina Landfills (TF-0B0773) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 45,000.00 Date 01-Jan-2020 -- 09-Dec-2020 30-Jun-2022 Intermediate Results Indicators by Components Caixa Programme of Activities (PoA) IN00928534 ►Number of Component Project Activities (CPAs) registered by the UNFCCC (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 3.00 4.00 Date 05-Dec-2011 -- 09-Dec-2020 30-Jun-2022 At the time of project restrucring, two additional CPAs were expected to be registered (Caruaru and Petrolina). However, due to the delays, only the Petrolina landfill has been registered, reaching a total of Comments: 3. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed 12/18/2020 Page 3 of 5 The World Bank Implementation Status & Results Report Caixa Solid Waste Mgt (P124663) P124663 TF-11236 Closed USD 21.47 21.05 0.43 21.33 0.00 101% P124663 TF-11237 Closed USD 4.29 3.81 0.49 3.86 0.00 101% P124663 TF-B0773 Effective USD 0.22 0.22 0.00 0.00 0.22 0%% Not P124663 TF-B0774 USD 2.33 2.33 0.00 0.00 2.33 0%% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P124663 TF-11236 Closed 05-Dec-2011 05-Dec-2011 05-Dec-2011 31-Dec-2019 31-Dec-2019 P124663 TF-11237 Closed 05-Dec-2011 05-Dec-2011 05-Dec-2011 31-Dec-2019 25-Jul-2017 P124663 TF-B0773 Effective 08-Dec-2019 01-Aug-2020 01-Aug-2020 30-Jun-2022 30-Jun-2022 Not P124663 TF-B0774 08-Dec-2019 -- -- 30-Jun-2022 30-Jun-2022 Effective Cumulative Disbursements PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC 12/18/2020 Page 4 of 5 The World Bank Implementation Status & Results Report Caixa Solid Waste Mgt (P124663) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 12/18/2020 Page 5 of 5