The World Bank Report No: ISR10137 Implementation Status & Results Colombia Second Disaster Risk Management DPL with Catastrophe Deferred Draw Down Option (P126583) Public Disclosure Copy Project Name: Second Disaster Risk Management DPL with Catastrophe Program Stage: Implementation Seq.No: 2 Status: ARCHIVED Archive Date: 09-Jun-2013 Deferred Draw Down Option (P126583) Country: Colombia Approval FY: 2013 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Development Policy Lending Implementing Agency(ies): Key Dates Board Approval Date 10-Jul-2012 Original Closing Date 10-Jul-2015 Planned Mid Term Review Date Last Archived ISR Date 10-Oct-2012 Effectiveness Date 03-Jan-2013 Revised Closing Date 10-Jul-2015 Actual Mid Term Review Date Program Development Objectives Program Development Objective (from Program Document) This operation supports policy and institutional reforms to address the following objective: To strengthen the Government's program for reducing risks resulting from adverse natural events. The DPL with a CAT DDO has been designed to provide bridge financing while other sources of funding (for example, bilateral aid and emergency reconstruction loans) are being mobilized. The operation is anintegral component of the Bank’s existing engagement in disaster risk management through the disaster vulnerability reduction Adaptable Program Loan series, and is derived directly from Colombia’s National Development Plan. This operation is directly tied with the Country Partnership Strategy subtheme of “Enhanced Disaster Risk Management.� Has the Program Development Objective been changed since Board Approval of the Program? Yes No Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Public Disclosure Copy Implementation Status Overview The Second Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option was approved by the World Bank's Board of Directors on July 10, 2012. In coordination with the Government of Colombia (GoC), the loan was signed on November 16, 2012, and declared effective on January 03, 2013. Lead by one of the Implementing Agencies, the National Planning Department (DNP), important implementation advances have been made since the operation's declaration of effectiveness: i) drafting of the loan's operations manual, for which inputs and feedback have been provided by the Ministry of Environment and Sustainable Development (MADS), the National Unit for Disaster Risk Management (UNGRD) and the Ministry of Finance and Public Credit (MHCP); ii) preparation of a work plan for calendar years 2013 and 2014; and iii) review of internal protocols to be followed at the UNGRD and MHCP for conducting the first annual simulation of the administrative process necessary to trigger the loan. A bi- national (Colombia-Ecuador) simulation is scheduled for October, 2013. Page 1 of 3 The World Bank Report No: ISR10137 Results Results Indicators Public Disclosure Copy Indicator Name Core Unit of Measure Baseline Current End Target The new Agency for the Coordination of the Number Value 0.00 0.00 2.00 NationalDRM framework has put in place new Date 10-Jul-2012 08-Apr-2013 instruments for inter-agency coordination. Comments Number of municipalities that under the new Number Value 0.00 0.00 25.00 Decree have reviewed or formulated new plans Date 10-Jul-2012 08-Apr-2013 with the guidelines for DRM in their POTs that Comments have been agreed upon with the CARs. Number of watershed management plans Number Value 0.00 0.00 15.00 (POMCA) that have incorporated disaster risk Date 10-Jul-2012 08-Apr-2013 management in theirformulation. Comments Technical assistance and training provided to Number Value 0.00 0.00 250.00 municipalities for the formulation of the Date 10-Jul-2012 08-Apr-2013 inventory of settlements in high risk areas. Comments Number of formulated municipal high risk Number Value 0.00 0.00 25.00 inventoriesunder the methodology established Date 10-Jul-2012 08-Apr-2013 by MVCT. Comments Number of formulated Municipal Plans for Number Value 388.00 511.00 688.00 Disaster RiskManagement under the technical Date 10-Jul-2012 08-Apr-2013 assistance of National Unit for Disaster Risk Comments Management (UNGRD). Data on Financial Performance (as of 18-Jan-2013) Financial Agreement(s) Key Dates Public Disclosure Copy Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P126583 IBRD-81840 Effective 10-Jul-2012 16-Nov-2012 03-Jan-2013 10-Jul-2015 10-Jul-2015 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P126583 IBRD-81840 Effective USD 250.00 250.00 0.00 0.00 250.00 0.00 Tranches Tranche 1 Page 2 of 3 The World Bank Report No: ISR10137 Amount (USD) Expected Release Date Actual Release Date Status Public Disclosure Copy 0 Pending Released Key Decisions Regarding Implementation In coordination with the Government of Colombia, the loan was signed on November 16, 2012, and declared effective on January 03, 2013. Restructuring History There has been no restructuring to date. Related Operations There are no related projects. Public Disclosure Copy Page 3 of 3