The World Bank Report No: ISR2738 Implementation Status & Results Guyana Public Disclosure Copy Conservancy Adaptation Project (P103539) Operation Name: Conservancy Adaptation Project (P103539) Project Stage: Implementation Seq.No: 7 Status: ARCHIVED Last Modified Date: 11-Feb-2011 Country: Guyana Approval FY: 2008 Product Line: Global Environment Project Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Ministry of Agriculture Key Dates Board Approval Date 11-Oct-2007 Original Closing Date 30-Jun-2011 Planned Mid Term Review Date Last Archived ISR Date 19-May-2010 Effectiveness Date 28-Jan-2008 Revised Closing Date 30-Jun-2011 Actual Mid Term Review Date 21-Jun-2010 Global Environmental Objectives Global Environmental Objective (from Project Appraisal Document) The objective of the CAP is to reduce the vulnerability of catastrophic flooding in Guyana's low-lying coastal area that is currently threatened by sea level rise resulting from global climate change. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost 1. Pre-investment studies for Engineering Design of Works 2000.00 2. Investments in Specific Adaptation Measures 1700.00 3. Institutional Strengthening and Project Management 100.00 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of GEO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Implementation Status Overview Implementation progress has been slow with less than 20% of grant disbursed within the three year of implementation, mainly due to the fact that the main contract, the pre- investment study for engineering design works (US$2 million out of US$3.8 million) has not started yet. The bidding process was canceled in 2009 due to the fact that there was no successful bidder. A new bidding process was launched in 2010, negotiations started in October and the government is in the final stages of awarding the contract. The Mid Term Review took place in June 2010. An extension of the project closing date by one year and a half, to May 31 2013, is necessary to complete all activities planned under Page 1 of 4 The World Bank Report No: ISR2738 the main contract and reach project outcome indicator targets. A reallocation of funds is also necessary to account for the increased costs necessary to carry out the main feasibilities studies. The Proposed government financed Cunha Canal's work has been withdrawn from the project and will be considered as a stand-alone project. This initiative will be Public Disclosure Copy considered as a stand-alone project. Results Global Environmental Objective Indicators Indicator Baseline Current End Target Indicator Name Value Value Value Increase the drainage relief capacity of the EDWC to the Demerara 0 Finalizing contract Expect 100% completion River by 35% by end of project and provide a modeling platform Date Date Date toguide future investments in the EDWC 28-Jan-2008 10-Feb-2011 30-Jun-2011 Type Unit of Measure Comment Comment Comment Custom Indicator Text Intermediate Results Indicators Indicator Baseline Current End Target Indicator Name Value Value Value Purchase equipment for NDIA 0 Finalizing bidding process after the 100% completion Date relaunch Date 28-Jan-2008 Date 30-Jun-2011 Type Unit of Measure Comment 11-May-2010 Comment Custom Indicator Text Comment Indicator Baseline Current End Target Indicator Name Value Value Value Public Disclosure Copy Develop a national flooding contingency plan 0 to be developed in contract under 100% completion Date #1 engineering study Date 28-Jan-2008 Date 30-Jun-2011 Type Unit of Measure Comment 10-Feb-2011 Comment Custom Indicator Text Comment Page 2 of 4 The World Bank Report No: ISR2738 Indicator Baseline Current End Target Public Disclosure Copy Indicator Name Value Value Value Development of 10-15 near term works for follow-up financing 0 to be developed in contract under 100% completion Date #1 engineering study Date 28-Jan-2008 Date 30-Jun-2011 Type Unit of Measure Comment 10-Feb-2011 Comment Custom Indicator Text Comment Data on Financial Performance (as of 05-Oct-2010) Financial Agreement(s) Key Dates Project Loan No. Status Approval Date Signing Date Effectiveness Date Closing Date P103539 TF-91692 Effective 30-Oct-2007 30-Oct-2007 28-Jan-2008 30-Jun-2011 Disbursements (in Millions) Project Loan No. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P103539 TF-91692 Effective USD 3.80 3.80 0.00 0.71 3.09 19.00 Disbursement Graph Public Disclosure Copy Page 3 of 4 The World Bank Report No: ISR2738 Key Decisions Regarding Implementation An extension of the project to allow the completion of the works and the achievements f the project objectives has been considered and will be processed as soon as the procurement Public Disclosure Copy process for the feasibility studies is completed. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4