The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) Serbia Competitive Agriculture Project (SCAP) (P167634) EUROPE AND CENTRAL ASIA | Serbia | IBRD/IDA | Investment Project Financing (IPF) | FY 2020 | Seq No: 10 | Archived on 20-Dec-2024 | ISR02363 Implementing Agencies: Ministry of Agriculture, Forestry and Water Management 1. OBJECTIVE 1.1 Development Objective Original Development Objective (Approved as part of Approval package on 03-Dec-2019) Improve agri-food market linkages of targeted beneficiaries. Has the Development Objective been changed since Board Approval of the Project Objective? No 2. COMPONENTS Name Component 1 Improving the value-added of agriculture :(Cost 43,600,000.00) Component 2 Improving the capacity of MAFWM to support modern agriculture :(Cost 9,000,000.00) Component 3 Project Management, Monitoring and Evaluation:(Cost 3,400,000.00) 3. OVERALL RATINGS Name Previous Current Progress towards achievement of PDO Moderately Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate 4. KEY ISSUES & STATUS 4.1 Implementation Status and Key Decisions Dec 20, 2024 Page 1 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) The project continues to progress well. Two Calls for Proposals of subprojects (business plans to invest in farm innovations) have been carried out since April 2021 after which 1,355 farmers (exceedingthe project end target of 1,230) have received support (rural development grants and technical assistance from the project and loans from nine commercial banks) to co-finance their business plans. The 3rd Call for Proposals was launched on November 27, 2023 and the final evaluation of business plans to be supported in 2025 is in the process of being completed. The Project is also preparing to upgrade several information technology platforms in the MAFWM during 2025. 5. SYSTEMATIC OPERATIONS RISK-RATING TOOL Last Approved Rating Risk Category Rating at Approval ISR Seq. 09 - 30 May Proposed Rating 2024 Political and Governance  Substantial Substantial Macroeconomic  Moderate Moderate Sector Strategies and Policies  Moderate Moderate Technical Design of Project or Program  Substantial Substantial Institutional Capacity for Implementation and  Substantial Substantial Sustainability Fiduciary  Substantial Substantial Environment and Social  Moderate Moderate Stakeholders  Moderate Moderate Overall  Moderate Moderate Dec 20, 2024 Page 2 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) 6. RESULTS 6.1 PDO Indicators by PDO Outcomes Improve climate resilience and agri-food market linkages of targeted beneficiaries. Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year People benefiting from 0 Oct/2024 0 15-Oct-2024 0 28-Nov-2024 5,000 Feb/2029 climate resilient infrastructure (Number of people) CRI People benefiting from 0 Oct/2024 0 15-Oct-2024 0 28-Nov-2024 2,000 Feb/2029 climate resilient infrastructure - Female (Number of people) CRI People benefiting from 0 Oct/2024 0 15-Oct-2024 0 28-Nov-2024 1,250 Feb/2029 climate resilient infrastructure - Youth (Number of people) CRI People benefitting from 0 Oct/2024 0 15-Oct-2024 0 28-Nov-2024 8,400 Feb/2029 climate resilient planning, preparation, surveillance, and/or response (Number of people) CRI People benefitting from 0 Oct/2024 0 15-Oct-2024 0 28-Nov-2024 3,360 Feb/2029 climate resilient Page 3 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) planning, preparation, surveillance, and/or response - Female (Number of people) CRI People benefitting from 0 Oct/2024 0 15-Oct-2024 0 28-Nov-2024 2,100 Feb/2029 climate resilient planning, preparation, surveillance, and/or response - Youth (Number of people) CRI New formal contracts signed 0.00 Dec/2019 1,355 28-Nov-2024 1,355 28-Nov-2024 4,000 Feb/2029 between beneficiaries and Comments on 110 % of the original project end target. buyers of their achieving targets products/services (Number) New formal contracts 0.00 482 482 1,600 signed between women Comments on 162 % of the project end target. beneficiaries and buyers achieving targets of their products/services (Number) Increase in the value of 0.00 Dec/2019 27.35 28-Nov-2024 27.35 28-Nov-2024 20.00 Feb/2029 beneficiaries’ production Comments on 137 % of the project end target. (Percentage) achieving targets 6.2 Intermediate Results Indicators by Components Page 4 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) Component 1 Improving the value-added of agriculture Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year 0.00 Dec/2019 1,355 28-Nov-2024 1,355 28-Nov-2024 2,800 Feb/2029 Beneficiaries reached with Comments on 110 % of the project end target. financial services (Number) achieving targets 0.00 Dec/2019 1,355 28-Nov-2024 1,355 28-Nov-2024 2,800 Feb/2029 Beneficiaries reached with Comments on 110 % of the project end target. financial services (Number) achieving targets Number of previously 0.00 Dec/2019 1,163 28-Nov-2024 1,163 28-Nov-2024 2,000 Feb/2029 unbanked adults Comments on 106 % of the project end target. reached with achieving targets transaction accounts (Number) 0.00 Dec/2019 24.19 million 28-Nov-2024 24.19 million 28-Nov-2024 64.00 million Feb/2029 Private capital mobilized euros euros euros through the Project (million Comments on 81 % of the project end target. euros) (Text) achieving targets 0.00 Dec/2019 24.19 million 28-Nov-2024 24.19 million 28-Nov-2024 64.00 million Feb/2029 Private capital mobilized euros euros euros through the Project (million Comments on 81 % of the project end target. euros) (Text) achieving targets Commercial banks providing 0.00 Dec/2019 9.00 28-Nov-2024 9.00 28-Nov-2024 10.00 Feb/2029 financial services to Comments on Due to the merger of banks on the market, this value decreased from 11 (in 2023) to 9, beneficiary farmers and achieving targets however, support remained the same. business plans supported by the Project (Number) Page 5 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) Commercial banks providing 0.00 Dec/2019 9.00 28-Nov-2024 9.00 28-Nov-2024 10.00 Feb/2029 financial services to Comments on Due to the merger of banks on the market, this value decreased from 11 (in 2023) to 9, beneficiary farmers and achieving targets however, support remained the same. business plans supported by the Project (Number) 0.00 Dec/2019 1,355 28-Nov-2024 1,355 28-Nov-2024 2,800 Feb/2029 Beneficiaries successfully Comments on A successful completion of a business plan constitutes an approved loan, compliance with completing their business achieving targets standards and fulfillment of milestones as defined in the business plan. plans (Number) Farmers reached with 0.00 Dec/2019 5,750 28-Nov-2024 5,750 28-Nov-2024 18,000 Feb/2029 agricultural assets or services Comments on 105 % of the project end target. (Number) achieving targets Farmers reached with 0.00 1,570 1,570 7,200 agricultural assets or Comments on 114 % of the project end target. services - Female achieving targets (Number) Productivity increase of 0.00 Dec/2019 18.85 28-Nov-2024 18.85 28-Nov-2024 10.00 Feb/2029 beneficiary production Comments on 189 % of the project end target. (Percentage) achieving targets Component 2 Improving the capacity of MAFWM to support modern agriculture Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year People using digitally enabled 0 Oct/2024 0 15-Oct-2024 0 15-Oct-2024 300,000 Feb/2029 services (new services) (Number of people) CRI People using digitally 0 Oct/2024 0 15-Oct-2024 0 15-Oct-2024 120,000 Feb/2029 enabled services (new services) - Female Page 6 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) (Number of people) CRI People using digitally 0 Oct/2024 0 15-Oct-2024 0 15-Oct-2024 75,000 Feb/2029 enabled services (new services) - Youth (Number of people) CRI Number of rulebooks, 0 Oct/2024 0 15-Oct-2024 0 15-Oct-2024 8 Feb/2029 procedures and guidelines developed to strengthen the capacity of the MAFWM for the management of ICT- related activities and projects (Number) Applications 0.00 Dec/2019 0.00 28-Nov-2024 0.00 28-Nov-2024 20 Feb/2029 developed/optimized to Comments on To be reported in mid-2025 once the planned applications are fully operational. improve the digital achieving targets information and services provided by MAFWM (Number) Component 3 Project Management, Monitoring and Evaluation Baseline Actual (Previous) Actual (Current) Closing Period Indicator Name Value Month/Year Value Date Value Date Value Month/Year Complaints processed 0 Oct/2024 0 15-Oct-2024 0 15-Oct-2024 80 Feb/2029 following the grievance procedures and deadlines stipulated (Percentage) Digital M&E system No Oct/2024 No 15-Oct-2024 No 15-Oct-2024 Yes Feb/2029 implemented and operating (Yes/No) Page 7 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) Beneficiaries who expressed 0.00 Dec/2019 95.40 28-Nov-2024 95.40 28-Nov-2024 80 Feb/2029 satisfaction with the Comments on Project end target has been reached. agricultural assets and/or achieving targets services provided by the project (Percentage) Beneficiaries who 0 Dec/2019 95.40 15-Oct-2024 95.40 15-Oct-2024 80 Feb/2029 expressed satisfaction with the agricultural assets and services provided by the project – Female (Percentage) Page 8 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) 7. DATA ON FINANCIAL PERFORMANCE 7.1 Cumulative Disbursements 7.2 Disbursements (by loan) Loan/Credit/TF Status Original Revised Cancelled Disbursed Undisbursed % Disbursed Historical Disbursed IBRD-90230 Effective 50.00 50.00 0.00 38.77 10.81 78.20% 50.00 7.3 Key Dates (by loan) Loan/Credit/TF Status Approval Signing Effectiveness Orig. Closing Rev. Closing IBRD-90230 Effective 03-Dec-2019 09-Dec-2019 18-Feb-2020 31-Dec-2024 31-Dec-2025 8. KEY DATES Dec 20, 2024 Page 9 of 10 The World Bank Implementation Status & Results Report Serbia Competitive Agriculture Project (SCAP) (P167634) Key Events Planned Actual Approval 03-Dec-2019 03-Dec-2019 Effectiveness 18-Feb-2020 18-Feb-2020 Mid-Term Review No. 01 26-Sep-2022 26-Sep-2022 Operation Closing/Cancellation 31-Dec-2025 9. RESTRUCTURING HISTORY Restructuring Level 2 Approved on 23-Oct-2024 10. ASSOCIATED OPERATION(S) P167634 - Serbia Competitive Agriculture Project (SCAP) Dec 20, 2024 Page 10 of 10