OFFICIAL
DOCUMENTS
Supplemental Letter
REPUBLIC OF VANUATU
CNJxy-Vu: c- 2018
International Bank for Reconstruction and Development
1818 H Street, NW
Washington, DC 20433
United States of America
Re: Republic of Vanuatu
GEF Grant Numbers TF058282, TF058284 and TF090429
Sustainable Energy Financing Program
Performance Indicators
Dear Country Director,
We refer to Section II.A of the Schedule to the Global Environment Facility Project Agreement
(Sustainable Energy Financing Program) between Republic of Vanuatu and International Bank for
Reconstruction and Development, acting as an Implementing Agency of the Global Environment Facility
("World Bank"), of same date as this letter ("Project Agreement"), concerning performance indicators for
monitoring Vanuatu's Project Activities (as defined in the Project Agreement).
We hereby agree that the performance indicators to monitor and evaluate the carrying of
Vanuatu's Project Activities and the achievement of the objective thereof are those set forth in the Annex
to this letter.
Please confirm the agreement on behalf of the World Bank to the application of these
performance indicators by signing the form of confirmation below.
Sincerely, IC OF
REPUBLIC OF VANUA U                       4,
:V a 9 MINIsTER
Auth   zed Representative
CONFIRMED:
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT,
acting as an Implementing Agency of the Global Environment Facility
AuthorizeFRepresentative


ANNEX
Performance Indicators
1. Increased lending from local financial institutions for renewable energy (RE) and energy
efficiency (EE) equipment in Vanuatu (Amount USD)
2. Additional number of kilowatt (kW) of RE and EE technology financed through Approved
Participating Financial Institutions in Vanuatu (Megawatt)
3. Carbon dioxide emissions avoided due to financing under the Program for Vanuatu (Metric ton)
4. Risk Sharing Facility (RSF) guarantees called (Amount(USD))
5. Number of loans approved for (i) medium-sized enterprises (MSEs), (ii) community
organizations and (iii) individuals in Vanuatu (Number)
6. MSEs and community organizations in Vanuatu participating in technical assistance or training
activities (Number)
7. Number of articles and broadcasts organized by Fiji for Vanuatu on the benefits of RE and EE
(Number)
8. Number of showcases and community presentations organized by Fiji for Vanuatu on the benefits
of RE and EE (Number)
9. Grievances registered related to delivery of benefits under Vanuatu's Project Activities that are
addressed (Percentage)