Public Disclosure Copy The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) EAST ASIA AND PACIFIC | Pacific Islands | Environment, Natural Resources & the Blue Economy Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 10 | ARCHIVED on 21-Dec-2019 | ISR38768 | Implementing Agencies: Ministry of Finance & Economic Development, The Repoublic of Kiribati, National Oceanic Resource Management Agency, Marshall Islands Marine Resources Agency, Ministry of Fisheries and Marine Resources, Tuvalu Fisheries Department, Ministry of Finance, Ministry of Finance, Ministry of Finance, Ministry of Finance Key Dates Key Project Dates Bank Approval Date: 22-Dec-2014 Effectiveness Date: 01-Jun-2015 Planned Mid Term Review Date: 19-Aug-2019 Actual Mid-Term Review Date: 19-Aug-2019 Original Closing Date: 30-Sep-2020 Revised Closing Date: 30-Sep-2020 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Project is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Sustainable Management of Oceanic Fisheries:(Cost $1.13 M) Sustainable Management of Coastal Fisheries:(Cost $0.50 M) Sustainable Financing of the Conservation of Critical Fishery Habitats:(Cost $2.40 M) Project Management:(Cost $2.13 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating High High Implementation Status and Key Decisions The pace of implementation has continued to improve in 2019 and the project is on track to complete its activities and achieve its objectives by closure. 12/21/2019 Page 1 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) The project has supported strengthening of oceanic fisheries management through delivery of key workshops and capacity building initiatives aimed at strengthening the regional Vessel Day Scheme for the purse-seine tuna fishery in the Western Pacific and expansion of this system to the long- line tuna fishery. Sustainable management of the sea cucumber (beche-de-mer) fishery has been the focus of the project’s coastal fisheries activities, including delivery of a review of sea cucumber fishery management in Melanesia and production of a policy brief on beche-de mer markets prices. The project is strengthening management of critical habitats by assessing current and potential new regional sites for marine protected areas (MPAs), developing TA, training, and mechanism for exchanging lessons learned in regard to MPA management, and working toward establishment of a regional financing mechanism to support marine conservation and MPAs. 12/21/2019 Page 2 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) 12/21/2019 Page 3 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) mpaTable Multiphase Programmatic Approach (MPA) Status mpaTableBody Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Substantial Substantial Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate High High Institutional Capacity for Implementation and Sustainability Substantial High High Fiduciary Moderate Moderate Moderate Environment and Social Substantial Low Low Stakeholders Substantial High High Other Moderate Moderate Moderate Overall Substantial High High Results PDO Indicators by Objectives / Outcomes PDO Indicators IN00750121 ►Number of large marine protected or marine managed areas conserving habitat critical to support Pacific fisheries, for which sustainable revenue streams are identified (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 15-Feb-2015 27-Nov-2018 12-Dec-2019 30-Sep-2020 This work is in progress and the target is expected to be achieved by project end. Comments: Intermediate Results Indicators by Components 12/21/2019 Page 4 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) Component 2: Sustainable Management of Coastal Fisheries IN00750122 ►Regional BDM grouping of Pacific Island Countries formed to better manage this fishery and link to the regional market (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 15-Feb-2015 27-Nov-2018 12-Dec-2019 30-Sep-2020 This work is in progress and the target is expected to be achieved by project end. Comments: Component 3: Sustainable Financing of the Conservation of Critical Fishery Habitats IN00750123 ►Criteria developed for endowment funding of large MPAs in the region (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 15-Feb-2015 27-Nov-2018 12-Dec-2019 30-Sep-2020 This work is in progress and the target is expected to be achieved by project end. Comments: Component 4: Project Management IN00750124 ►Grievances registered related to delivery of project benefits that are addressed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 Date 15-Feb-2015 27-Nov-2018 12-Dec-2019 30-Sep-2020 No grievances have been registered to date. Comments: Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P131655 IDA-D0230 Effective USD 3.97 3.97 0.00 2.61 1.14 70% P153429 TF-18604 Effective USD 2.19 2.19 0.00 1.09 1.10 50% 12/21/2019 Page 5 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program Forum Fisheries Agency (P131655) Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P131655 IDA-D0230 Effective 22-Dec-2014 29-Jan-2015 01-Jun-2015 30-Sep-2020 30-Sep-2020 P153429 TF-18604 Effective 22-Dec-2014 29-Jan-2015 01-Jun-2015 30-Sep-2020 30-Sep-2020 Cumulative Disbursements Restructuring History Level 2 Approved on 27-Jun-2018 Related Project(s) P153429-Pacfic Islands Regional Ocenscape Program Forum Fisheries Agency 12/21/2019 Page 6 of 6