Public Disclosure Copy The World Bank Implementation Status & Results Report SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) EUROPE AND CENTRAL ASIA | Ukraine | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2016 | Seq No: 2 | ARCHIVED on 13-Jun-2017 | ISR28527 | Implementing Agencies: Ministry of Economic Development and Trade, Ministry of Energy and Coal Industry Key Dates Key Project Dates Bank Approval Date:24-Dec-2015 Effectiveness Date:14-Jan-2016 Original Closing Date:31-Dec-2017 Revised Closing Date:31-Dec-2017 Project Development Objectives Project Development Objective (from Project Appraisal Document)

The project development objective is to assist Ukraine in implementing its EITI agenda

Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Implementation Status and Key Decisions 14. The status of the current grant is Highly Satisfactory, and no issues are foreseen in meeting the project's objectives. The disbursement rate of the current grant stands at 72 percent with over 90 percent of the grant already committed. The audit report for the current grant is not yet due, and the first audit will cover 2016 and 2017. A 6-month Interim Financial Management Report was submitted in February 2017. No financial management issues were flagged during the recent FM monitoring mission that took place in December 2016. 6/13/2017 Page 1 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) 15. Third EITI Report (covering FY 2016). Ukraine’s third report will have to include mining in its scope. However, due to the overlap between Ukraine’s major mining regions and the conflict affected areas in eastern Ukraine, the MSG requested to the EITI Board an adapted implementation, which was granted during the Board meeting in Astana in October 2016. 16. Civil society engagement in Ukraine continues to be strong and a global leader among EITI countries in terms of engagement, outreach, and influence in the process. Civil society organizations (CSOs) were very active in pushing for the implementation EITI in Ukraine. Currently, Ukraine’s civil society is focused on advocating legislation on mandatory EITI reporting (in compliance with EU directives) in the oil, gas, and mining sectors, identifying champions, and getting the law registered in the Parliament. 17. Ukraine’s EITI process has facilitated a platform for dialogue between the Government, private sector, and civil society organizations, with the objective of enhancing the governance of natural resources in Ukraine through several roundtable discussions. The “Sustainable Resource Management Forum” the first high level event that made clear the linkages between the EITI Standard and its implication in the broader energy sector reforms in Ukraine was organized in December 2015. The Forum was well-attended by decision makers (with several high level government officials from several Ministries participating as keynote speaker or discussant) in Ukraine’s energy and extractives sphere, as well as other stakeholders (civil society, operators, donors, EITI Board members). It provided an excellent platform, where stakeholders could discuss issues important to their stakeholder groups. For example, operators highlighted the lack of transparency in the licensing process. CSO stressed issues associated with the lack of reporting by companies, as well as the lack of disaggregated data on regions. Government agencies tried to address the many questions participants had with regard to the tax code overhaul undertaken by the government. There was also a rich debate on how to create the best incentives to encourage all operators to comply with EITI mandatory reporting and whether or not the use of sanctions can be effective. The richness of the debate demonstrated the important ways in which EITI implementation can assume a pivotal role in policy dialogue. Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall  Moderate  Moderate  Moderate Results Project Development Objective Indicators PHINDPDOTBL Inclusion of Coal and Iron Ore in EITI REporting (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 PHINDPDOTBL Increased total percentage of revenues reconciled compared to the previous year (Percentage, Custom) 6/13/2017 Page 2 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) Baseline Actual (Previous) Actual (Current) End Target Value 80.00 80.00 80.00 85.00 Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 PHINDPDOTBL Increased reporting in the media by journalists on EITI and the extractive industries compared to the previous year (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 01-Jan-2016 -- 20-Jun-2016 31-Dec-2018 Overall Comments Intermediate Results Indicators PHINDIRITBL Completion of the scoping study (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 PHINDIRITBL Ukraine EITI Reports completed and published in a timely manner (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.00 1.00 1.00 3.00 Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 6/13/2017 Page 3 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) PHINDIRITBL EITI training plan for MSG members, Secretariat staff, and stakeholders adopted and implemented (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 PHINDIRITBL Followup action plans and strategies to address EITI reports recommendations are developed and agreed by MSG annually (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 PHINDIRITBL Percentage of female representation on the MSG (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 31.50 20.00 Date 01-Jan-2016 -- 20-Jun-2016 31-Dec-2018 PHINDIRITBL Number of activities targeted at MSG, CSOs, media and/or parliamentarians. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 Date 01-Jan-2016 20-Jun-2016 20-Jun-2016 31-Dec-2018 Overall Comments 6/13/2017 Page 4 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P158379 TF-A1759 Effective USD 0.40 0.40 0.00 0.29 0.11 73% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P158379 TF-A1759 Effective 24-Dec-2015 14-Jan-2016 14-Jan-2016 31-Dec-2017 31-Dec-2017 Cumulative Disbursements Restructuring History Level 2 Approved on 31-Mar-2017 Related Project(s) 6/13/2017 Page 5 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SUPPORT TO EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE COMPLIANCE PROCESS PROJECT (P158379) There are no related projects. 6/13/2017 Page 6 of 6 Public Disclosure Copy