The World Bank                                                                                                    Report No: ISR13999


                                                                      Implementation Status & Results
Public Disclosure Copy




                                                                                  Brazil
                                                                PLANTAR GREEN PIG IRON PROJECT (P120637)

                         Operation Name: PLANTAR GREEN PIG IRON PROJECT       Seq.No: 3 Status: ARCHIVED Archive Date:                                21-Jul-2014
                                           (P120637)
                         Project Stage: Implementation        Country: Brazil            Approval FY:       2012
                         Product Line: Carbon Offset          Region: LATIN AMERICA AND Lending Instrument:
                                                                       CARIBBEAN
                         Implementing Agency:

                         Key Dates
                         Board Approval    03-Aug-2011 Original Closing 31-Dec-2018 Planned Mid Term Review                       Last Archived ISR    07-Jun-2013
                         Date                          Date                         Date                                          Date
                         Effectiveness     03-Aug-2011 Revised Closing 31-Dec-2018 Actual Mid Term Review
                         Date                          Date                         Date

                         Overall Ratings
                                                                       Previous Rating                   Current Rating
                         Progress towards achievement of PDO           Satisfactory                      Satisfactory
                         Overall Implementation Progress (IP)          Satisfactory                      Satisfactory
                         Overall Risk Rating                           Low                               Low

                         Implementation Status Overview
Public Disclosure Copy




                         A supervision mission to verify environmental and social aspects of the operation took place in December 2013.
                         The company continues to hold the relevant licenses and certificates including the FSC one for good forest management.
                         Three areas are already certified (MG02, MG03and MG04), pending only one other area, MG15, which preparative process (contacts with audits
                         and internal preparation, through the formation of special committee manager) is ongoing. A FSC field audit is planned for next July.

                         Locations




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                            The World Bank                                                                                                          Report No: ISR13999



                         Country                                 First Administrative Division                   Location                         Planned      Actual
Public Disclosure Copy




                         Brazil                                  Minas Gerais                                    Estado de Minas Gerais                ✔            ✔


                         Key Decisions Regarding Implementation
                         A supervision mission to verify environmental and social aspects of the operation took place in learly December 2013. The company continues
                         to hold the relevant licenses and certificates including the FSC certification for good forest management, and it is in compliance with the Bank
                         safeguards.

                         Related Projects
                         There are no related projects.
Public Disclosure Copy




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