SAINT LUCIA             U
July 16, 2014
International Development Association
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Re: SCF-PPCR Loan No. TF017101 (Disaster Vulnerability Reduction Project)
Article V of the Standard Conditions
Financial and Economic Data
Dear Sirs and Mesdames:
In connection with the SCF-PPCR Loan Agreement of this date between Saint Lucia
(Member Country) and International Development Association (World Bank), acting as an
Implementing Entity of the Pilot Program for Climate Resilience (PPCR) under the
Strategic Climate Fund (SCF) providing a loan (SCF-PPCR Loan) for the above-captioned
Project, and the Standard Conditions for Loans Made by the World Bank Out of the
Climate Investment Funds, dated February 18, 2014 (Standard Conditions) made
applicable to the SCF-PPCR Loan Agreement, I am writing on behalf of the Member
Country to set forth the following:
1.    We understand and agree that, for purposes of Section 5.01 of the Standard
Conditions, the Member Country is required by the World Bank to report "long-term
external debt" (as defined in the World Bank's Debtor Reporting System Manual, dated
January 2000 (DRSM)), in accordance with the DRSM, and in particular, to notify the
World Bank of new "loan commitments" (as defined in the DRSM) not later than 30 days
after the end of the quarter during which the debt is incurred, and to notify the World Bank
of "transactions under loans" (as defined in the DRSM) once a year, not later than March
31 of the year following the year covered by the report.
2.    We represent that, except as otherwise notified to the World Bank, no Liens (as
defined in the Standard Conditions), other than those excluded pursuant to paragraph (c) of
Section 5.02 of the Standard Conditions, exist on any Public Assets (as defined in the
Standard Conditions), as security for any External Debt (as defined in the Standard
Conditions). Except as otherwise notified to the World Bank, no defaults exist in respect of
any external public debt (as defined in the DSRM). It is our understanding that, in making
the SCF-PPCR Loan, the World Bank may rely on the representations set forth or referred
to in this letter.


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3.    Please confirm your agreement to the foregoing by having a duly authorized
representative of the World Bank sign in the space provided below.
Very truly yours,
SAI T U
uthor ed epresentat e
AGREED:
INTERNATIONAL DEVELOPMENT ASSOCIATION
By
Authorized Representative