Public Disclosure Copy The World Bank Implementation Status & Results Report Cabo Verde Disaster Risk Management Development Policy Financing with Cat DDO (P160628) Cabo Verde Disaster Risk Management Development Policy Financing with Cat DDO (P160628) AFRICA | Cabo Verde | Urban, Resilience and Land Global Practice | IBRD/IDA | Development Policy Lending | FY 2019 | Seq No: 1 | ARCHIVED on 02-Oct-2019 | ISR38525 | Implementing Agencies: Ministério das Finanças, Ministério das Finanças Key Dates Key Project Dates Bank Approval Date: 05-Jun-2019 Effectiveness Date: 04-Sep-2019 Original Closing Date: 30-Sep-2022 Revised Closing Date: 30-Sep-2022 pdoTable Project Development Objectives Program Development Objective (from Program Document) (a) Strengthening the institutional and legal framework to ensure risk-informed sectoral and territorial planning; and (b) Increasing the financial capacity to manage impacts associated with disaster and climate-related shocks. 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 Overall Implementation Progress (IP) -- Satisfactory Overall Risk Rating -- Substantial Implementation Status and Key Decisions The Program was approved by the WBG Board on June 5, 2019. The Government of the Republic of Cabo Verde has shown strong commitment towards achieving the PDO in the two pillars included in the policy matrix. Given the very brief implementation window since approval of the program no key decisions have been made to date. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate -- Moderate Macroeconomic High -- High 10/2/2019 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Cabo Verde Disaster Risk Management Development Policy Financing with Cat DDO (P160628) Sector Strategies and Policies Substantial -- Substantial Technical Design of Project or Program Moderate -- Moderate Institutional Capacity for Implementation and Sustainability Substantial -- Substantial Fiduciary Moderate -- Moderate Environment and Social Moderate -- Moderate Stakeholders Moderate -- Moderate Other -- -- -- Overall Substantial -- Substantial Results Results Indicators Strengthening institutional & legal framework to ensure risk-informed sector & territorial planning IN00743417 ►Annual progress report of implementation of the ENRRD strategy presented to the National Civil Protection Council (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 2019 annual report should be published Published for 2019, Value N/A -- after end of calendar 2020 and 2021 year around May, 2020 Date 31-Dec-2018 -- 09-Sep-2019 30-Sep-2022 IN00743418 ►All new detailed municipal plans (PD) incorporate disaster and climate-related risk management considerations. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 22.00 Date 08-May-2019 -- 31-Dec-2018 30-Sep-2022 Municipalities have authorized the elaboration of 6 PD, currently under development under the new Comments: territorial planning framework. IN00743370 ►Proportion of Special Touristic Areas (ZDTI) with Tourist Development Plans (POT) that incorporate disaster and climate- related risk management considerations (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 56.00 Date 08-May-2019 -- 09-Sep-2019 30-Sep-2022 There are currently 27 ZDTIs, and 6 have a POT already in place which was approved before the entry into force of the new territorial planning framework. Cabo Verde has approved the elaboration of 9 POTs. Comments: 6 out of these 9 POTS are expected to be concluded by the end of this calendar year. IN00743421 10/2/2019 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Cabo Verde Disaster Risk Management Development Policy Financing with Cat DDO (P160628) ►Number of monthly request forms to access INE data from registered institutional users (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 10.00 Date 31-Dec-2018 -- 09-Sep-2019 30-Sep-2022 IN00743422 ►Number of MOUs signed between INE and public institutions/sectors to systematically share data with INE (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.00 -- 1.00 8.00 Date 31-Dec-2018 -- 09-Sep-2019 30-Sep-2022 Increasing financial capacity to manage impacts associated with disaster & climate-related shocks IN00743431 ►Report on contingent liabilities including those associated with disaster and climate-related shocks published together with the medium-term fiscal framework (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Published at least one Value N/A -- None time before 2022 Date 31-Dec-2018 -- 09-Sep-2019 30-Sep-2022 IN00743432 ►Allocation to the National Emergency Fund included annually in national budget (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Exists in 2019, 2020, Value N/A -- Exists in 2019 2021 and 2022 budget Date 31-Dec-2018 -- 09-Sep-2019 30-Sep-2022 IN00743433 ►Annual activity and accounting report for the National Emergency Fund approved by its Board (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 2019 annual report should be published Approved for 2019, Value N/A -- after end of calendar 2020 and 2021 year around May, 2020. Date 31-Dec-2018 -- 09-Sep-2019 30-Sep-2022 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed 10/2/2019 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Cabo Verde Disaster Risk Management Development Policy Financing with Cat DDO (P160628) P160628 IBRD-89680 Effective USD 5.00 5.00 0.00 0.03 4.98 0.5% P160628 IDA-64240 Effective USD 5.00 5.00 0.00 0.00 5.07 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P160628 IBRD-89680 Effective 05-Jun-2019 06-Jun-2019 04-Sep-2019 30-Sep-2022 30-Sep-2022 P160628 IDA-64240 Effective 05-Jun-2019 06-Jun-2019 04-Sep-2019 30-Sep-2022 30-Sep-2022 Tranches Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 10/2/2019 Page 4 of 4