Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option (P166303) Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option (P166303) EUROPE AND CENTRAL ASIA | Romania | Urban, Resilience and Land Global Practice | IBRD/IDA | Development Policy Lending | FY 2018 | Seq No: 3 | ARCHIVED on 05-Feb-2020 | ISR40409 | Implementing Agencies: Romania (through its Ministry of Public Finance), Ministry of Internal Affairs - Department of Emergency Situations, Ministry of Regional Development and Public Administration, Ministry of Public Finance Key Dates Key Project Dates Bank Approval Date: 26-Jun-2018 Effectiveness Date: 20-Dec-2018 Original Closing Date: 31-Dec-2021 Revised Closing Date: 31-Dec-2021 pdoTable Project Development Objectives Program Development Objective (from Program Document) The Program Development Objective (PDO) is to strengthen Romania’s institutional and legal framework to effectively manage the physical, social and fiscal impacts of natural disasters and climate change 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 Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The Program Development Objective (PDO) is to strengthen Romania’s institutional and legal framework to effectively manage the physical, social and fiscal impacts of natural disasters and climate change. This objective will be achieved by supporting policy actions aimed at: a) strengthening the Romania's national capacity for DRM, and b) strengthening Romania's capacity to systematically identify and reduce disaster and climate risks and to manage the fiscal impact of disasters. The Program was approved on June 26, 2018 and the Loan Agreement became effective on December 20, 2018. The progress of Program towards achievement of the development objectives is Satisfactory. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial Substantial Substantial 2/5/2020 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option (P166303) Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Low Low Low Institutional Capacity for Implementation and Moderate Moderate Moderate Sustainability Fiduciary Moderate Moderate Moderate Environment and Social Low Low Low Stakeholders Low Low Low Other -- -- -- Overall Moderate Moderate Moderate Results Results Indicators Strengthen the Borrower's national framework for disaster risk management IN00731153 ►A.1. The Government of Romania has reported on progress achieved under the international Sendai Framework for Disaster Risk Reduction. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 1.00 1.00 Date 25-May-2018 -- 23-Jan-2020 31-Dec-2021 IN00731154 ►A.2. Romanian citizens have enhanced understanding of the potential impacts of disasters and how they can prevent, prepare and respond to disasters through public awareness campaigns, drills and digit (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 715.00 1,570.00 6.00 Date 25-May-2018 24-Jul-2019 23-Jan-2020 31-Dec-2021 IN00731155 ►A.3. Reports are available annually on the impact of disasters in Romania. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.00 3.00 Date 25-May-2018 28-Feb-2019 31-Mar-2020 31-Dec-2021 Strengthen the Borrower's capacity to systematically identify and reduce disaster and climate risks IN00731211 ►B1. The national building code for seismic risk in existing buildings is strengthened. (Yes/No, Custom) 2/5/2020 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option (P166303) Baseline Actual (Previous) Actual (Current) End Target Value No -- Yes Yes Date 25-May-2018 -- 13-Dec-2019 31-Dec-2021 IN00731212 ►B2. Disaster risk reduction action plans are prepared and approved by the relevant responsible authorities. (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 3.00 3.00 Date 25-May-2018 24-Jul-2019 23-Jan-2020 31-Dec-2021 IN00731213 ►B3. The fiscal and budgetary strategy is informed by main disaster risks and their potential fiscal impact, taking into consideration publicly available Ro-Risk data. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 25-May-2018 -- 23-Jan-2020 31-Dec-2021 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P166303 IBRD-88790 Effective USD 493.06 493.06 0.00 0.00 493.06 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P166303 IBRD-88790 Effective 26-Jun-2018 04-Jul-2018 20-Dec-2018 31-Dec-2021 31-Dec-2021 Tranches Restructuring History There has been no restructuring to date. Related Project(s) 2/5/2020 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option (P166303) There are no related projects. 2/5/2020 Page 4 of 4