Public Disclosure Copy The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) MG ethanol clean cooking climate finance program (P154440) AFRICA | Madagascar | Environment & Natural Resources Global Practice | Carbon Offset | Investment Project Financing | FY 2016 | Seq No: 1 | ARCHIVED on 04-Jun-2019 | ISR28789 | Implementing Agencies: Government of Madagascar, Green Development A.S. Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Madagascar Ethanol Clean Cooking Climate Finance Program is to increase household use of ethanol, demonstrate good practice of distillery design and operations, and establish an ethanol production safeguard system for future scale-up in Madagascar. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Key Dates Key Project Dates Bank Approval Date:06-May-2016 Effectiveness Date:06-May-2016 Planned Mid Term Review Date:30-Aug-2019 Actual Mid-Term Review Date:-- Original Closing Date:30-Jun-2025 Revised Closing Date:30-Jun-2025 Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  --  Moderately Unsatisfactory Overall Implementation Progress (IP)  --  Moderately Unsatisfactory Overall Risk Rating  --  Substantial Implementation Status and Key Decisions The project is part of multi-country Program of Activities (PoA) for the Reduction of emissions from non-renewable fuel from cooking at household level (R Reduction Purchase Agreement in May 2016, the project has made progress in implementation as summarized below: 1. The project entity Green Development has signed implementation agreements with four local partners who have distributed 5,602 ethanol stoves. Fuel improving after more ethanol from local implementation partners and import become available. 2. 117,714 CERs were issued over the first monitoring period (28/05/14 to 02/02/17) from ethanol cooking and biogas activities in Kenya and Madagascar Madagascar Ethanol Cleaning Climate Finance Project. The second verification is completed and issuance request of 144,461 CER is posted in UNFCCC be issued on May 24, 2019. About 25,000 CERs are attributed to the Project. 3. The project entity prepared Environment Social Management Framework, Resettlement Policy Framework, and Integrated Pesticide Management Plan 6/4/2019 Page 1 of 2 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report MG ethanol clean cooking climate finance program (P154440) implementation. It also provided training and initial certification to the local implementation partners regarding the safeguard requirements in order to comp the carbon incentive. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  --  Substantial Macroeconomic  --  --  Moderate Sector Strategies and Policies  --  --  Moderate Technical Design of Project or Program  --  --  Substantial Institutional Capacity for Implementation and Sustainability  --  --  Moderate Fiduciary  --  --  Low Environment and Social  --  --  Substantial Stakeholders  --  --  Moderate Other  --  --  Substantial Overall  --  --  Substantial Related Project(s) There are no related projects. 6/4/2019 Page 2 of 2 Public Disclosure Copy