The World Bank Implementation Status & Results Report Access to Sustainable Energy Project (P153268) Access to Sustainable Energy Project (P153268) EAST ASIA AND PACIFIC | Philippines | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2016 | Seq No: 7 | ARCHIVED on 11-Jun-2019 | ISR37485 | Implementing Agencies: LGU Guarantee Corporation (LGUGC), Department of Energy, LGU Guarantee Corporation, Development Bank of the Philippines, Development Bank of the Philippines Key Dates Key Project Dates Bank Approval Date: 28-Apr-2016 Effectiveness Date: 16-Jun-2016 Planned Mid Term Review Date: 06-Dec-2019 Actual Mid-Term Review Date: -- Original Closing Date: 31-Jul-2019 Revised Closing Date: 30-Sep-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) is to increase household access to solar powered electricity within select electric cooperative service areas. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name PV Mainstreaming:(Cost $15.20 M) Rural Network Solar:(Cost $6.90 M) Pre-Paid Metering:(Cost $0.10 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating High Substantial Implementation Status and Key Decisions Window 1 of the Photovoltaic Mainstreaming (PVM) Component has successfully been completed. In total, 10,000 households, located in remote areas in Mindanao have received solar home systems (SHS) that are now in operation. Procurement of PVM Window 2 and Rural Network Solar (RNS) will resume once the new project implementing agency - the Development Bank of the Philippines is legally empowered to carry out the project, which is expected by end-June 2019. 6/11/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Access to Sustainable Energy Project (P153268) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Low Low Low Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Sustainability Substantial High Substantial Fiduciary Moderate Moderate Moderate 6/11/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Access to Sustainable Energy Project (P153268) Environment and Social Low Low Low Stakeholders Moderate Moderate Moderate Other -- -- -- Overall Moderate High Substantial Results PDO Indicators by Objectives / Outcomes To increase access to electricity in a sustainable manner IN00712828 ►Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 14.00 Date 01-Feb-2016 15-Nov-2018 04-Jun-2019 31-Oct-2019 IN00712829 ►People provided with new or improved electricity service (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 25,040.00 50,000.00 202,500.00 Date 01-Feb-2016 15-Nov-2018 04-Jun-2019 31-Oct-2019 Intermediate Results Indicators by Components Project Level Intermediate Indicators IN00712830 ►Solar home systems installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 7,000.00 10,000.00 40,500.00 Date 01-Feb-2016 06-Dec-2018 04-Jun-2019 31-Oct-2019 IN00712831 ►Private Capital Mobilized (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.00 Date 01-Feb-2016 06-Dec-2018 04-Jun-2019 31-Oct-2019 IN00712832 6/11/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Access to Sustainable Energy Project (P153268) ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 35,000.00 50,000.00 207,500.00 Date 01-Feb-2016 06-Dec-2018 04-Jun-2019 31-Oct-2019 IN00712833 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 17,500.00 25,000.00 103,750.00 IN00712834 ►Estimated GHG emission reduction compared to a business-as-usual baseline (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.50 Date 01-Feb-2016 06-Dec-2018 04-Jun-2019 31-Oct-2019 IN00712835 ►Villages where PV Mainstreaming is implemented with at least one public consultation held (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 50.00 50.00 100.00 Date 01-Feb-2016 06-Dec-2018 04-Jun-2019 31-Oct-2019 IN00712836 ►Pre-Paid Meters Installed Under Pilot (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1,000.00 Date 01-Feb-2016 06-Dec-2018 04-Jun-2019 31-Oct-2019 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P153268 TF-A2379 Effective USD 20.52 20.52 0.00 0.54 20.01 3% P153268 TF-A2497 Closed USD 3.00 3.00 0.00 2.63 0.37 88% Key Dates (by loan) 6/11/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Access to Sustainable Energy Project (P153268) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P153268 TF-A2379 Effective 28-Apr-2016 14-Jun-2016 16-Jun-2016 31-Jul-2019 30-Sep-2019 P153268 TF-A2497 Closed 28-Apr-2016 14-Jun-2016 16-Jun-2016 30-Jun-2018 31-Dec-2018 Cumulative Disbursements Restructuring History Level 2 Approved on 11-May-2018 Related Project(s) There are no related projects. 6/11/2019 Page 5 of 5