13THE WORLD BANK GREEN BOND IMPACT REPORT 2018

The World Bank is committed to transparent reporting of its green and climate-related financing, including the projects that are part of its Green Bond program. Detailed information for all World Bank financed projects is available on the World Bank website http://projects.worldbank.org. Project summaries and impact indicators for Green Bond eligible projects are summarized on the investor website at: http://treasury.worldbank.org/en/about/unit/treasury/ibrd/ibrd-green-bonds.

The following section lists the 91 World Bank eligible projects supported by the financing of World Bank Green Bonds as of June 30, 2018. The projects are organized by sector. Selected results indicators, World Bank loan amount, share of loan amount to total project costs, and the amount of Green Bond proceeds that have been allocated to support disbursements to each project are disclosed. Annex 1 describes the reporting approach and should be read in conjunction with this report.

Interpreting Reported ResultsThe intention of impact reporting is to help investors develop a more detailed understanding of the climate and environmental impacts that can be expected or projected to result from Green Bond eligible projects. Several key results indicators have been selected and where possible quantified, but it is important to appreciate the inherent limitations of data reported. The main considerations to adequately interpret results are:

• Scope of results: Reporting is based on “ex-ante” estimates of climate and environmental impacts at the time of project appraisal and mostly for direct project effects, except as indicated where the results have been updated for actual results at the time of project completion.

• Uncertainty: An important consideration in estimating impact indicators and projecting results is that they are based on assumptions. While technical experts aim to make sound and conservative assumptions that are reasonable based on the information available at the time, the actual environmental impact of the projects generally diverge from initial projections. In general, behavioral changes or shifts in baseline conditions can cause deviations from projections.

• Comparability: Caution should be taken in comparing projects, sectors, or whole portfolios because baselines (and base years) and calculation methods may vary significantly. In addition, the cost structures between countries will also vary, so that developing cost-efficiency calculations (such as results per dollar invested) could, for example, place smaller countries with limited economies of scale at a disadvantage and will not take into consideration country-specific context.

• Omissions and qualitative results: Because the selected projects aim to provide social and developmental benefits as well as climate and environmental ones, they will have impacts across a much wider range of indicators than captured in the next section. Therefore, exclusively focusing on the reported indicators will leave out other important development impacts. Where quantitative data is unavailable, qualitative indicators have been included to illustrate other beneficial impacts.

To better understand the developmental impacts of projects and the broader country context, please view the full project documentation available on the World Bank website at http://projects.worldbank.org/.

IMPACT REPORTING

14THE WORLD BANK GREEN BOND IMPACT REPORT 2018 14THE WORLD BANK GREEN BOND IMPACT REPORT 2018

15THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Target Results and Committed and Allocated Amounts

Results should be read in conjunction with Annex 1, which describes the reporting approach.

ELIGIBLE PROJECTS BY SECTOR

RENEWABLE ENERGY AND ENERGY EFFICIENCY

WATER AND WASTEWATER

SOLID WASTE MANAGEMENT

AGRICULTURE, LAND USE, FORESTS, AND ECOLOGICAL RESOURCES

RESILIENT INFRASTRUCTURE, BUILT ENVIRONMENT, AND OTHER

CLEAN TRANSPORTATION

16THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Ann

ual

Ener

gy

Savi

ngs

M

Wh

Ann

ual

Ener

gy

Prod

uced

M

Wh

Ren

ewab

le

Cap

acity

A

dded

MW

Ann

ual G

HG

Em

issi

ons

Avoi

ded

Tons

of

CO

2 Eq.

Oth

er R

esul

ts

CommittedUS$ mil

IBRD share

Allocated US$ mil

1Be

laru

s - B

iom

ass

Dis

trict

Hea

ting

(P14

6194

| FY

14):

incr

ease

en

ergy

effi

cien

cy in

dis

trict

hea

ting

syst

ems

and

repl

ace

natu

ral g

as

with

woo

d bi

omas

s as

a re

new

able

en

ergy

sou

rce.

M20

236,

000

1,66

0,00

010

642

0,00

0C

umul

ativ

e ov

er 5

yea

rs:

● 1,

180,

000

MW

h en

ergy

sav

ings

from

effi

cien

cy in

vest

men

ts.

● 2,

100,

000

tons

of C

O2 e

q.

emis

sion

s re

duce

d.

90.0

100%

46.2

2C

hina

- Be

ijing

Roo

ftop

Sola

r Ph

otov

olta

ic S

cale

- Up

(Sun

shin

e Sc

hool

s) P

roje

ct (P

1250

22 |

FY13

): pr

omot

e re

new

able

ene

rgy

in 1

000

scho

ols

and

othe

r edu

catio

nal

inst

itutio

ns.

M20

na10

0,00

010

089

,590

● 10

to 1

5% o

f the

sch

ools

’ an

nual

pow

er u

se p

rovi

ded

by re

new

able

sou

rces

. ●

650,

000

stud

ents

in 1

,000

sc

hool

s be

nefit

.

105.

050

%24

.9

3C

hina

- Ec

o-Fa

rmin

g Pr

ojec

t (P

0965

56 |

FY09

): pr

omot

e su

stai

nabl

e fa

rmin

g sy

stem

s an

d re

duce

gre

enho

use

gas

emis

sion

s (fr

om m

etha

ne a

nd b

urni

ng c

oal

and

firew

ood)

ben

efitin

g ru

ral

com

mun

ities

with

bio

gas

syst

ems.

M20

na~

~90

0,00

0●

400,

000

- 500

,000

rura

l ho

useh

olds

ben

efit w

ith

clea

ner b

ioga

s-ba

sed

cook

ing

and

heat

ing

syst

ems.

U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

119.

827

%11

9.8

4C

hina

- En

ergy

Effi

cien

cy

Fina

ncin

g (P

0848

74 |

FY08

, FY1

2):

prom

ote

ener

gy c

onse

rvat

ion

in

Chi

na’s

indu

stria

l sec

tor s

uppo

rting

in

term

edia

ry lo

ans

for e

nerg

y effi

cien

cy p

roje

cts

in m

ediu

m

and

larg

e-si

zed

man

ufac

turin

g co

mpa

nies

.

M20

21,8

07,9

00na

na6,

490,

000

● 2,

666,

000

tons

of c

oal e

q.

(tce)

ann

ual e

nerg

y sa

ving

s (a

ssum

ing

150

subp

roje

cts)

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

300.

045

%30

0.0

5C

hina

– F

inan

cing

for A

ir Po

llutio

n C

ontro

l (P1

5466

9 | F

Y16)

: re

duce

air

pollu

tant

s an

d ca

rbon

em

issi

ons

thro

ugh

lend

ing

for

ener

gy e

ffici

ency

and

cle

an e

nerg

y,

with

a fo

cus

on th

e Ji

ng-J

in-J

i and

ne

ighb

orin

g re

gion

s.

M20

3,12

5,00

02,

460,

000

● 3,

600

tons

of p

artic

ulat

e em

issi

ons

(loca

l air

pollu

tant

) re

duce

d by

EE

and

RE

subp

roje

cts

finan

ced.

567.

010

0%10

7.4

6C

hina

- En

ergy

Effi

cien

cy

Fina

ncin

g II

Proj

ect (

P113

766

| FY1

0): p

rom

ote

ener

gy

cons

erva

tion

in C

hina

’s in

dust

rial

sect

or th

roug

h in

term

edia

ry lo

ans

to e

nerg

y effi

cien

cy p

roje

cts.

M20

20,2

00,0

00na

na4,

930,

000

Upd

ated

for a

ctua

l res

ults

at

proj

ect c

ompl

etio

n.45

.566

%45

.5

7C

hina

- G

reen

Ene

rgy

Sche

mes

fo

r Low

-car

bon

City

in S

hang

hai

(P12

7035

| FY

13):

prom

ote

gree

ner c

ity d

evel

opm

ent w

ith

ener

gy e

ffici

ency

and

rene

wab

le

ener

gy in

stal

latio

ns in

com

mer

cial

an

d go

vern

men

t bui

ldin

gs.

M20

621,

700

~~

165,

000

100.

041

%75

.6

RENEWABLE ENERGY AND ENERGY EFFICIENCY

17THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Ann

ual

Ener

gy

Savi

ngs

M

Wh

Ann

ual

Ener

gy

Prod

uced

M

Wh

Ren

ewab

le

Cap

acity

A

dded

MW

Ann

ual G

HG

Em

issi

ons

Avoi

ded

Tons

of

CO

2 Eq.

Oth

er R

esul

ts

CommittedUS$ mil

IBRD share

Allocated US$ mil

8C

hina

- Ji

angx

i Shi

huta

ng

Nav

igat

ion

& H

ydro

pow

er

(P10

1988

| FY

09):

max

imiz

e in

land

wat

erw

ay tr

ansp

ort c

apac

ity

as a

low

-car

bon

alte

rnat

ive

to

land

tran

spor

t and

gen

erat

e hy

drop

ower

.

Both

20na

472,

000

120

450,

000

● 4,

400

hect

ares

of c

rop

land

pro

tect

ed fr

om fl

oodi

ng.

● R

MB

26.6

milli

on re

duct

ion

in a

nnua

l floo

d lo

sses

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

100.

031

%10

0.0

9C

hina

- Li

aoni

ng T

hird

Med

ium

C

ities

Infra

stru

ctur

e (P

0992

24

| FY0

8): i

mpr

ove

the

ener

gy

effici

ency

and

env

ironm

enta

l pe

rform

ance

of h

eatin

g an

d ga

s se

rvic

es.

M20

2,75

7,20

0na

na~

● 8,

935

tons

of s

ulph

ur

diox

ide

avoi

ded

per a

nnum

. ●

11,6

59 to

ns o

f tot

al

susp

ende

d pa

rticl

es (l

ocal

po

lluta

nt) a

void

ed p

er

annu

m.

Upd

ated

for a

ctua

l res

ults

at

proj

ect c

ompl

etio

n.

165.

051

%16

5.0

10C

hina

- Sh

ando

ng E

nerg

y Effi

cien

cy (P

1140

69 |

FY11

): im

prov

e th

e en

ergy

effi

cien

cy a

nd

envi

ronm

enta

l per

form

ance

of

the

indu

stria

l sec

tor a

nd fi

nanc

e re

new

able

ene

rgy

prod

uctio

n fro

m

biom

ass

(cor

n an

d w

heat

sta

lk).

M15

3,24

7,50

016

5,00

030

~●

318,

000

TCE

ener

gy

savi

ngs.

144.

747

%11

6.6

11C

hina

- U

rum

qi D

istri

ct H

eatin

g Pr

ojec

t (P1

2066

4 | F

Y11)

: pro

mot

e en

ergy

effi

cien

cy in

dis

trict

hea

ting

by re

plac

ing

disp

erse

d bo

ilers

in

urba

n ar

eas

with

an

inte

grat

ed

dist

rict h

eatin

g ne

twor

k.

M20

1,22

9,40

0na

na41

5,50

0●

1,62

6 M

W o

f ine

ffici

ent

coal

-fire

d bo

ilers

repl

aced

by

com

bine

d he

at a

nd p

ower

di

stric

t hea

ting

netw

ork.

U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

99.1

29%

99.1

12In

dia

- Grid

-Con

nect

ed R

oofto

p So

lar P

rogr

am (P

1550

07 |

FY15

): in

crea

se s

olar

roof

top

capa

city

to

the

pow

er g

rid a

nd in

cent

iviz

e th

e m

arke

t for

roof

top

sola

r pow

er b

y w

ay o

f low

cos

t fina

ncin

g.

M25

647,

200

250

1,20

0,00

0●

The

250

MW

of c

apac

ity o

f ro

ofto

p so

lar p

hoto

volta

ics

expe

cted

to b

e gr

id-

conn

ecte

d by

5 y

ears

n w

ith

at le

ast a

noth

er 1

50 M

W to

be

con

nect

ed in

sub

sequ

ent

year

s.

● 13

milli

on to

ns C

O2 e

q. in

cu

mul

ativ

e sa

ving

s ov

er th

e pr

ojec

t's 2

5 ye

ar li

fe.

● M

arke

t dev

elop

men

t for

ro

ofto

p ph

otov

olta

ic s

yste

ms

in d

iffer

ent b

usin

ess

mod

els.

500.

055

%43

.0

RENEWABLE ENERGY AND ENERGY EFFICIENCY

18THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Ann

ual

Ener

gy

Savi

ngs

M

Wh

Ann

ual

Ener

gy

Prod

uced

M

Wh

Ren

ewab

le

Cap

acity

A

dded

MW

Ann

ual G

HG

Em

issi

ons

Avoi

ded

Tons

of

CO

2 Eq.

Oth

er R

esul

ts

CommittedUS$ mil

IBRD share

Allocated US$ mil

13In

dia

- Pow

er S

yste

m D

evel

opm

ent

Proj

ectIV

(P10

1653

| FY

09):

expa

nd tr

ansm

issi

on in

frast

ruct

ure

resu

lting

in d

ecre

ased

CO

2 em

issi

ons

thro

ugh

effici

ency

gai

ns

and

trans

ferri

ng s

urpl

us h

ydro

en

ergy

to p

ower

defi

cit r

egio

ns.

M20

8,69

9,00

0na

na~

● R

educ

ed tr

ansm

issi

on

loss

es e

quiv

alen

t to

betw

een

526-

993M

W.

● 10

7,00

0 ci

rcui

t km

of

incr

ease

d ca

paci

ty.

● 68

,000

GW

h po

wer

ex

chan

ge g

row

th b

etw

een

regi

ons.

U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

400.

016

%40

0.0

14In

dia

- Ram

pur H

ydro

pow

er P

roje

ct

(P09

5114

| FY

08):

scal

e-up

acc

ess

to re

new

able

ene

rgy

thro

ugh

cons

truct

ion

of a

run-

of-th

e-riv

er

hydr

oele

ctric

sch

eme.

M30

na1,

770,

000

412

1,40

7,70

0U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

400.

060

%40

0.0

15In

done

sia

- Ind

ones

ia G

eoth

erm

al

Ener

gy (P

1130

78 |

FY12

): in

crea

se

pow

er g

ener

atio

n fro

m re

new

able

ge

othe

rmal

reso

urce

s.

M30

na1,

210,

000

150

1,10

0,00

0●

33,0

00,0

00 to

ns o

f CO

2 eq

. cum

ulat

ive

emis

sion

re

duct

ions

of o

ver 3

0 ye

ars.

175.

030

%12

9.0

16Ja

mai

ca -

Ener

gy S

ecur

ity a

nd

Effici

ency

Enh

ance

men

t Pro

ject

(P

1127

80 |

FY11

): in

crea

se

ener

gy e

ffici

ency

and

sec

urity

by

prom

otin

g gr

eate

r par

ticip

atio

n of

re

new

able

ene

rgy

and

gas-

base

d ge

nera

tion

in th

e en

ergy

mix

.

MN

/Ana

~~

~●

623

MW

of n

ew e

lect

ricity

ge

nera

ting

cap

acity

in

clud

ing

thre

e w

ind

farm

s,

two

sola

r far

ms,

and

one

hy

dro

plan

t.

● 60

0 G

Wh

from

rene

wab

le

reso

urce

s an

nual

ly.U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

14.5

100%

14.5

17M

exic

o - E

ffici

ent L

ight

ing

and

Appl

ianc

es P

roje

ct (P

1064

24 |

FY11

): pr

omot

e th

e effi

cien

t use

of

ene

rgy

and

to m

itiga

te c

limat

e ch

ange

by

incr

easi

ng th

e us

e of

en

ergy

effi

cien

t tec

hnol

ogie

s in

the

resi

dent

ial s

ecto

r.

M5

2,00

0,00

0na

na66

4,00

0C

umul

ativ

e ov

er 5

yea

rs:

● Ex

chan

ge 4

5.8

milli

on

light

bul

bs a

nd 1

.9 m

illion

re

frige

rato

rs a

nd a

ir co

nditi

oner

s.

● 3.

32 m

illion

tons

of C

O2

eq. e

mis

sion

s re

duce

d.

● 50

-60%

ele

ctric

ity s

aved

in

resi

dent

ial h

ouse

hold

s.

● 10

,000

,000

MW

h in

cu

mul

ativ

e en

ergy

sav

ings

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

250.

635

%25

0.6

RENEWABLE ENERGY AND ENERGY EFFICIENCY

19THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Ann

ual

Ener

gy

Savi

ngs

M

Wh

Ann

ual

Ener

gy

Prod

uced

M

Wh

Ren

ewab

le

Cap

acity

A

dded

MW

Ann

ual G

HG

Em

issi

ons

Avoi

ded

Tons

of

CO

2 Eq.

Oth

er R

esul

ts

CommittedUS$ mil

IBRD share

Allocated US$ mil

18M

exic

o - I

nteg

rate

d En

ergy

Se

rvic

es (P

0889

96 |

FY08

): in

crea

se e

nerg

y ac

cess

for p

oor

com

mun

ities

usi

ng re

new

able

en

ergy

(mai

nly

sola

r and

som

e w

ind

gene

rato

rs) a

nd to

dev

elop

a

sust

aina

ble

mar

ket f

or p

rovi

ding

en

ergy

ser

vice

s in

rem

ote

rura

l ar

eas.

M20

na5,

800

624

1,00

0●

4,40

0 ru

ral h

ouse

hold

s re

ceiv

e el

ectri

city

from

re

new

able

sou

rces

. ●

Larg

er lo

ng-te

rm n

atio

nal

impa

ct w

ith re

plic

atio

n th

roug

hout

rura

l are

as.

Upd

ate

for a

ctua

l res

ults

at

proj

ect c

ompl

etio

n.

12.0

18%

12.0

19M

exic

o –

Mun

icip

al E

nerg

y Effi

cien

cy P

roje

ct (P

1498

72 |

FY16

): pr

omot

e en

ergy

effi

cien

cy

in s

treet

ligh

ting,

wat

er u

se a

nd

build

ings

in 2

3 m

unic

ipal

ities

.

M8

127,

590

5,80

06

57,9

26●

463,

405

tons

CO

2 em

issi

ons

redu

ctio

ns

annu

ally.

●

1,02

0,71

4 M

Wh

proj

ecte

d lif

etim

e sa

ving

s.

● 28

sub

-pro

ject

s de

sign

ed.

100.

064

%0.

3

20M

exic

o - S

usta

inab

le R

ural

D

evel

opm

ent (

and

Add

Fina

ncin

g)

(P10

6261

| FY

09, F

Y13)

: in

crea

se th

e us

e of

ene

rgy

effici

ent,

was

te m

anag

emen

t and

re

new

able

ene

rgy

tech

nolo

gies

in

agrib

usin

ess.

M10

20,4

9332

,130

~28

3,90

0C

umul

ativ

e ov

er 7

yea

rs:

● 14

3,45

0 M

Wh

save

d fro

m e

nerg

y effi

cien

cy

inve

stm

ents

. ●

224

,908

MW

h pr

oduc

ed

by re

new

able

(bio

mas

s)

ener

gy.

● 1,

987,

500

tons

of C

O2 e

q.

emis

sion

avo

ided

.

96.8

48%

77.9

21M

oldo

va -

Dis

trict

Hea

ting

Effici

ency

Impr

ovem

ent (

P132

443

| FY1

5): i

mpr

ove

qual

ity a

nd

relia

bilit

y of

hea

ting

serv

ices

by

impr

ovin

g th

e op

erat

iona

l effi

cien

cy

and

viab

ility

of a

new

dis

trict

he

atin

g co

mpa

ny.

M30

96,7

00na

na22

,800

● 34

% re

duct

ion

in h

eatin

g sy

stem

bre

akdo

wns

by

year

5.

●

109,

000

peop

le w

ith

acce

ss to

mor

e en

ergy

effi

cien

t coo

king

and

hea

ting.

40.5

66%

22.1

22M

onte

negr

o - E

nerg

y Effi

cien

cy

(and

Add

ition

al F

inan

cing

) (P

1079

92 |

FY09

, FY1

4):

impr

ove

ener

gy e

ffici

ency

and

en

viro

nmen

tal q

ualit

y in

27

build

ings

use

d fo

r hea

lth a

nd

educ

atio

n se

rvic

es.

M25

30,0

00na

na12

,200

Cum

ulat

ive

over

5 y

ears

and

ta

rget

ing

27 b

uild

ings

: ●

150,

000

MW

h in

life

time

ener

gy s

avin

gs.

● 60

,750

met

ric to

ns o

f C

O2 e

q. li

fetim

e em

issi

ons

redu

ced.

U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

13.7

100%

13.1

23M

oroc

co -

Cle

an a

nd E

ffici

ent

Ener

gy P

roje

ct (P

1436

89 |

FY15

): de

velo

p th

e fir

st u

tility

siz

ed

phot

ovol

taic

pla

nt to

mor

e re

liabl

y su

pply

sol

ar p

ower

to re

mot

e re

gion

s.

M25

na~

7578

,000

● 41

2,00

0 pe

ople

ben

efit

from

ele

ctric

ity a

nd

asso

ciat

ed e

cono

mic

op

portu

nitie

s of

whi

ch 5

0%

are

expe

cted

to b

e fe

mal

e.

125.

079

%34

.2

RENEWABLE ENERGY AND ENERGY EFFICIENCY

20THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Ann

ual

Ener

gy

Savi

ngs

M

Wh

Ann

ual

Ener

gy

Prod

uced

M

Wh

Ren

ewab

le

Cap

acity

A

dded

MW

Ann

ual G

HG

Em

issi

ons

Avoi

ded

Tons

of

CO

2 Eq.

Oth

er R

esul

ts

CommittedUS$ mil

IBRD share

Allocated US$ mil

24M

oroc

co –

Noo

r Oua

rzaz

ate

Con

cent

rate

d So

lar P

ower

(P

1312

56 |

FY12

, FY1

5): r

epla

ce

foss

il fu

el- b

ased

ele

ctric

ity

with

rene

wab

le e

nerg

y us

ing

conc

entra

ted

sola

r pow

er

tech

nolo

gy.

M30

na1,

638,

000

410

522,

000

369.

515

%57

.2

25

Peru

- Se

cond

Rur

al E

lect

rifica

tion

(P11

7864

| FY

11):

prov

ide

elec

trici

ty to

rem

ote

com

mun

ities

by

ext

endi

ng th

e co

nven

tiona

l el

ectri

city

grid

and

fina

ncin

g so

lar

phot

ovol

taic

sys

tem

s.

M20

na~

~~

● 42

,500

rura

l hou

seho

lds

elec

trifie

d, o

f whi

ch

20,0

00 a

re s

erve

d by

so

lar p

hoto

volta

ic s

yste

ms

from

regu

late

d el

ectri

city

di

strib

utio

n co

mpa

nies

. ●

174,

000

peop

le b

enefi

ted.

U

pdat

ed fo

r act

ual r

esul

ts

at p

roje

ct c

ompl

etio

n.

43.8

60%

43.8

26Tu

nisi

a - E

nerg

y Effi

cien

cy

(P10

4266

| FY

09):

supp

ort

indu

stria

l ene

rgy

effici

ency

and

co

-gen

erat

ion

inve

stm

ents

by

prov

idin

g fin

anci

ng th

roug

h in

term

edia

ries.

M20

580,

000

nana

126,

000

Upd

ated

for a

ctua

l res

ults

at

pro

ject

com

plet

ion.

34.5

91%

34.5

27Tu

rkey

- Pr

ivat

e Se

ctor

Ren

ewab

le

Ener

gy a

nd E

nerg

y Effi

cien

cy

Proj

ect (

P112

578

| FY0

9, F

Y12)

: en

hanc

e re

new

able

ene

rgy

acce

ss (s

mal

l hyd

roel

ectri

c an

d ge

othe

rmal

) and

ene

rgy

effici

ency

in

indu

strie

s (ir

on a

nd s

teel

, ce

men

t, ce

ram

ics,

che

mic

als

and

text

iles)

.

M20

3,02

3,80

03,

728,

000

933

3,21

4,00

0●

Rea

ch 3

1% o

f cou

ntry

’s

tota

l gen

erat

ion

to b

e fro

m

rene

wab

le e

nerg

y.

Proj

ect c

ompl

eted

and

ac

tual

resu

lts m

et e

xpec

ted

targ

ets.

934.

561

%93

4.5

28Tu

rkey

- R

enew

able

Ene

rgy

Inte

grat

ion

(P14

4534

| FY

14):

assi

st in

mee

ting

incr

ease

d po

wer

de

man

d by

stre

ngth

enin

g th

e tra

nsm

issi

on s

yste

m a

nd fa

cilit

atin

g la

rge-

scal

e re

new

able

ene

rgy

gene

ratio

n.

M20

nana

na69

0,00

0●

1,73

4,00

0 M

Wh

per y

ear

of w

ind

ener

gy h

andl

ed

by th

e su

bsta

tions

fund

ed

unde

r pro

ject

.

268.

263

%55

.5

29Tu

rkey

- SM

E En

ergy

Effi

cien

cy

(P12

2178

| FY

13):

impr

ove

ener

gy e

ffici

ency

in s

mal

l and

m

ediu

m e

nter

pris

es in

ene

rgy-

inte

nsiv

e in

dust

ries

by s

calin

g-up

com

mer

cial

ban

k le

ndin

g fo

r en

ergy

effi

cien

cy in

vest

men

ts.

M20

1,50

0,00

0na

na44

,000

Cum

ulat

ive

over

5 y

ears

: ●

154,

500

tons

of C

O2 e

q.

emis

sion

s re

duce

d fo

r all

SME

loan

s.

● 30

0,00

0 M

Wh

in

elec

trici

ty s

avin

gs

by th

e en

d of

pro

ject

im

plem

enta

tion.

67.0

22%

67.0

RENEWABLE ENERGY AND ENERGY EFFICIENCY

21THE WORLD BANK GREEN BOND IMPACT REPORT 2018

RENEWABLE ENERGY AND ENERGY EFFICIENCYTa

rget

Res

ults

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Ann

ual

Ener

gy

Savi

ngs

M

Wh

Ann

ual

Ener

gy

Prod

uced

M

Wh

Ren

ewab

le

Cap

acity

A

dded

MW

Ann

ual G

HG

Em

issi

ons

Avoi

ded

Tons

of

CO

2 Eq.

Oth

er R

esul

ts

CommittedUS$ mil

IBRD share

Allocated US$ mil

30U

krai

ne -

Dis

trict

Hea

ting

Ener

gy

Effici

ency

(P13

2741

| FY

14):

impr

ove

ener

gy e

ffici

ency

and

qu

ality

of s

ervi

ce o

f Dis

trict

Hea

ting

com

pani

es.

M20

524,

000

nana

261,

800

● 72

1,40

0 co

nsum

ers

serv

ed b

y th

e pa

rtici

patin

g co

mpa

nies

.

222.

184

%11

.5

31U

krai

ne -

Ener

gy E

ffici

ency

(P

0965

86 |

FY11

): im

prov

e en

ergy

effi

cien

cy in

ord

er to

mee

t en

ergy

inte

nsity

redu

ctio

n ta

rget

s,

decr

ease

dep

ende

nce

on im

porte

d ga

s, a

nd d

ecre

ase

the

cost

of

ener

gy s

uppl

y.

M15

7,72

1,15

7na

na1,

000,

000

● C

reat

e jo

bs d

irect

ly a

nd

indi

rect

ly th

roug

h in

crea

sed

cost

com

petit

iven

ess

as

a re

sult

of lo

wer

ene

rgy

inte

nsity

. Pr

ojec

t com

plet

ed a

nd

actu

al re

sults

met

exp

ecte

d ta

rget

s.

200.

010

0%20

0.0

32U

zbek

ista

n - A

dvan

ced

Elec

trici

ty

Met

erin

g Pr

ojec

t (P1

2277

3 |

FY12

): im

prov

e en

ergy

effi

cien

cy

by m

easu

ring

ener

gy c

onsu

mpt

ion

and

was

te th

roug

h ad

vanc

ed

met

erin

g an

d bi

lling

syst

ems.

Mna

nana

na~

● 1.

2 m

illion

adv

ance

d m

eter

s in

stal

led.

●

Impr

ove

billin

g an

d co

llect

ion

rate

s by

8%

and

10

%, r

espe

ctiv

ely.

1.2

73%

1.2

Subt

otal

for R

enew

able

Ene

rgy

and

Ener

gy E

ffici

enc

6,10

5.0

4,00

2.1

Cum

ulat

ive

Loan

Rep

aym

ents

(283

.3)

Tota

l Allo

cate

d an

d O

utst

andi

ng fo

r Ren

ewab

le E

nerg

y an

d En

ergy

Effi

cien

cy3,

718.

8

22THE WORLD BANK GREEN BOND IMPACT REPORT 2018

CLEAN TRANSPORTATIONTa

rget

Res

ults

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Pass

/km

and

/or

pass

enge

rsTo

n/K

m a

nd/o

r to

ns

GH

G

emis

sion

s re

duce

d/av

oide

d

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

33Br

azil

- Gre

enin

g R

io d

e Ja

neiro

U

rban

Rai

l Tra

nsit

– Ad

ditio

nal

Fina

ncin

g (P

1119

96 |

FY12

): pr

ovid

e a

mor

e effi

cien

t and

cl

eane

r sub

urba

n ra

il sy

stem

.

M30

● 70

0,00

0 pa

ssen

gers

per

da

y (4

0% in

crea

se

sinc

e 20

09)

● 34

,000

to

ns o

f CO

2 eq

. red

uced

an

nual

ly

● 10

0 ne

w tr

ains

de

liver

ed a

nd in

ope

ratio

n ●

Upg

rade

d in

frast

ruct

ure

● Sh

orte

r tra

vel a

nd

wai

ting

times

. ●

Bicy

cle

park

ing

faci

litie

s in

sel

ect s

tatio

ns.

600.

073

%39

2.1

34Br

azil

- Sao

Pau

lo S

tate

Su

stai

nabl

e Tr

ansp

ort (

P127

723

| FY1

3): i

mpr

ove

trans

port

effici

ency

and

saf

ety,

incr

ease

sh

are

of w

ater

way

tran

spor

t, an

d im

prov

e re

silie

nce

to

clim

ate

chan

ge a

nd n

atur

al

disa

ster

s.

Both

30●

50%

redu

ctio

n of

road

fata

litie

s in

the

100

mos

t cr

itica

l spo

ts.

● 30

% in

crea

se

of e

xpor

ted

biof

uel

trans

porte

d by

w

ater

way

●

6 m

illion

to

ns/y

ear

freig

ht in

the

Tiet

e-Pa

rana

w

ater

way

(4

00%

incr

ease

)

● 75

0 km

of r

oads

re

habi

litat

ed.

● 40

new

aut

omat

i st

atio

ns to

mon

itor c

limat

e ris

k.

● 39

add

ition

al

mun

icip

aliti

es w

ith

disa

ster

risk

map

ping

.

300.

070

%20

0.5

35C

hina

- C

hang

zhi U

rban

Tr

ansp

ort (

P124

978

| FY1

2):

impr

ove

trans

port

mob

ility

and

acce

ssib

ility

whi

le re

duci

ng

emis

sion

s.

M25

● 10

% re

duct

ion

in

fuel

con

sum

ptio

n pe

r pa

ssen

ger-k

m o

n pr

ojec

t co

rrido

rs.

● 56

% re

duct

ion

in tr

affic

fata

litie

s.

● R

educ

ed tr

avel

tim

es

durin

g pe

akho

urs.

●

50 n

ew e

lect

ric b

uses

in

use

.

100.

050

%66

.0

36C

hina

- H

aJia

Rai

lway

(P11

7341

| F

Y14)

: pro

vide

add

ition

al

railw

ay c

apac

ity a

nd re

duce

tra

nspo

rt tim

e fo

r pas

seng

ers

and

freig

ht.

M30

● 3

milli

on

addi

tiona

l pa

ssen

gers

per

ye

ar.

● 7

milli

on

addi

tiona

l fre

ight

vol

ume

per y

ear.

● R

educ

ed p

asse

nger

an

d fre

ight

trav

el ti

me.

●

15 m

illion

peo

ple

bene

fit

incl

udin

g ru

ral p

oor.

● R

educ

ed p

ollu

tion

from

shi

ft to

ele

ctric

ra

ilway

s fro

m ro

ad a

nd a

ir tra

nspo

rt.

300.

05%

54.3

37C

hina

- H

eilo

ngjia

ng C

old

Wea

ther

Sm

art P

ublic

Tr

ansp

orta

tion

Syst

em

(P13

3114

| FY

14):

upgr

ade

the

qual

ity, s

afet

y an

d effi

cien

cy o

f pu

blic

tran

spor

t ser

vice

.

M25

● 38

.8 m

illion

mor

e bu

s rid

es a

nnua

lly

due

to in

crea

sed

effici

ency

of b

us

serv

ice.

● 20

-30%

redu

ctio

n in

fu

el u

se.

● 22

-25

km o

f im

prov

ed

trans

port

corri

dors

de

velo

ped.

●

320

new

cle

aner

-fuel

ve

hicl

es p

rocu

red.

200.

046

%23

.5

23THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Pass

/km

and

/or

pass

enge

rsTo

n/K

m a

nd/o

r to

ns

GH

G

emis

sion

s re

duce

d/av

oide

d

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

38C

hina

- H

ubei

Xia

ngya

ng

Urb

an T

rans

port

(P11

9071

| F

Y12)

: im

prov

e m

obilit

y,

safe

ty, a

nd e

ffici

ency

in u

rban

tra

nspo

rtatio

n.

M25

● 46

0,00

0 be

nefic

iarie

s of

re

duce

d tra

vel

times

and

gre

ater

ac

cess

to th

e ci

ty

cent

er.

● 40

new

and

hig

her

qual

ity b

uses

in o

pera

tion

● 30

% re

duct

ion

in

fata

litie

s an

d se

vere

ac

cide

nts.

100.

047

%65

.9

39C

hina

- Ji

aozu

o G

reen

Tr

ansp

ort a

nd S

afet

y Im

prov

emen

t (P1

3227

7 | F

Y14)

: im

prov

e tra

nspo

rt sa

fety

and

effi

cien

cy a

long

the

sele

cted

tra

nspo

rt co

rrido

rs a

nd p

rom

ote

non-

mot

oriz

ed tr

ips

with

in th

e pi

lot g

reen

cor

ridor

.

M30

● 24

1,50

0 no

n-m

otor

ized

trip

s pe

r ye

ar in

the

gree

n co

rrido

r.

● 32

,400

add

ition

al

bus

pass

enge

rs

per y

ear.

● 49

0,00

0 be

nefic

iarie

s.

● R

educ

ed tr

affic

fata

litie

s.

● 17

km

in g

reen

cor

ridor

s ex

clus

ivel

y de

dica

ted

to

pede

stria

ns a

nd c

yclis

ts.

100.

050

%20

.2

40C

hina

- N

anch

ang

Urb

an R

ail

(P13

2154

| FY

13):

prov

ide

an e

ffect

ive

urba

n m

ass

rapi

d tra

nsit

syst

em fo

r a ra

pidl

y ex

pand

ing

city

to re

duce

po

llutio

n, tr

affic

cong

estio

n, a

nd

com

mut

ing

times

.

M30

● 20

0,00

0 pa

ssen

ger-t

rips

per d

ay.

● R

educ

ed tr

avel

tim

e on

pub

lic tr

ansp

ort b

y 25

m

inut

es o

r mor

e.

● 10

0% o

f sta

tions

to

beco

me

whe

el-c

hair

and

sigh

t im

paire

d ac

cess

ible

. ●

90%

inte

grat

ion

of

faci

litie

s fo

r bus

/rail/

bike

tra

nsfe

r

250.

010

%11

7.0

41C

hina

- Q

ingh

ai X

inin

g U

rban

Tr

ansp

ort P

roje

ct (P

1278

67 |

FY14

): pr

ovid

e m

ore

effici

ent,

safe

r and

cle

aner

tran

spor

tatio

n.

M30

● 26

4,00

0 ad

ditio

nal

pass

enge

rs p

er

day.

● 20

% d

ecre

ase

in tr

avel

tim

e.

● Im

prov

ed a

cces

sibi

lity

to 1

89,4

00 jo

bs.

● R

educ

ed v

ehic

le

pollu

tion.

120.

048

%5.

1

42C

hina

- Ti

anjin

Urb

an T

rans

port

Impr

ovem

ent P

roje

ct (P

1481

29

| FY1

6): l

ever

age

the

exis

ting

met

ro s

yste

m a

nd p

rom

ote

wal

king

and

bik

ing

in th

e ur

ban

core

to m

ake

trans

port

gree

ner

and

safe

r.

M20

● 85

,000

new

m

etro

use

rs p

er

day.

●

135,

000

new

no

n-m

otor

ized

trip

s pe

r day

."

● 6,

500

tons

of

CO

2 em

issi

ons

redu

ced

annu

ally.

● 2.

8 m

illion

trip

s be

nefit

fro

m im

prov

emen

ts e

ach

day.

●

50 k

m o

f roa

ds

reha

bilit

ated

, 111

met

ro

stat

ions

impr

oved

and

5

new

bus

term

inal

s co

mpl

eted

.

100.

045

%11

.1

43C

hina

- U

rum

qi U

rban

Tra

nspo

rt Pr

ojec

t II (

P148

527

| FY1

6):

impr

ove

mob

ility

in s

elec

ted

trans

port

corri

dors

and

redu

ce

pollu

tion

from

car

s w

ith a

bus

ra

pid

trans

it (B

RT)

sys

tem

.

M30

● 64

5,00

0 pe

ople

be

nefit

from

dire

ct

acce

ss to

BR

T co

rrido

rs a

nd

gree

ner/m

ore

effici

ent t

rans

port.

● 51

.7 k

m o

f BR

T ro

utes

op

erat

ed.

● 45

% o

f com

mut

ers

usin

g sm

art c

ards

. ●

450%

incr

ease

in

aver

age

pass

enge

r bo

ardi

ngs

per b

us/k

m

durin

g pe

ak h

ours

140.

026

%25

.5

CLEAN TRANSPORTATION

24THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Pass

/km

and

/or

pass

enge

rsTo

n/K

m a

nd/o

r to

ns

GH

G

emis

sion

s re

duce

d/av

oide

d

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

44C

hina

- W

uhan

Sec

ond

Urb

an

Tran

spor

t (P1

1283

8 | F

Y10)

: im

prov

e effi

cien

cy, c

over

age

and

safe

ty o

f pub

lic tr

ansp

ort

syst

ems

in a

n en

viro

nmen

tally

su

stai

nabl

e, in

tegr

ated

and

saf

e w

ay.

M20

● 45

9,00

0 to

ns o

f CO

2 eq

. em

issi

ons

redu

ced

annu

ally.

● Es

tabl

ish

faci

litie

s fo

r pe

dest

rians

and

cyc

lists

. ●

35%

mod

al s

hare

of

publ

ic tr

ansp

orta

tion

on

targ

et c

orrid

ors.

100.

016

%99

.0

45C

hina

- Xi

'an

Sust

aina

ble

Urb

an

Tran

spor

t (P0

9263

1 | F

Y08)

: im

prov

e tra

nspo

rt ac

cess

ibilit

y an

d m

obilit

y an

d en

hanc

e ai

r-qu

ality

mon

itorin

g of

the

urba

n tra

nspo

rt sy

stem

M25

● 52

,000

pub

lic

bicy

cles

with

70

milli

on u

sers

.

● D

oubl

ed a

rea

of b

us

term

inal

s.

● 27

5% in

crea

se in

av

erag

e sp

eed

of p

ublic

tra

nspo

rtatio

n fro

m 1

2 to

45

km

/ hr.

●

Air q

ualit

y m

onito

ring

syst

em/fa

cilit

y im

plem

ente

d.

● 31

,000

veh

icle

s w

ith

emis

sion

s te

sted

. U

pdat

ed fo

r act

ual r

esul

ts

at p

roje

ct c

ompl

etio

n.

150.

036

%15

0.0

46C

hina

- Xi

njia

ng Y

inin

g U

rban

Tr

ansp

ort I

mpr

ovem

ent

Proj

ect (

P126

454

| FY1

2):

prov

ide

impr

oved

acc

ess,

sa

fety

, and

effi

cien

cy in

pu

blic

tran

spor

tatio

n in

an

envi

ronm

enta

lly s

usta

inab

le

man

ner.

M30

● 10

5.5

milli

on

pass

enge

r-trip

pe

r yea

r (40

%

incr

ease

). ●

60,0

00 a

dditi

onal

pe

ople

with

acc

ess

to q

ualit

y ur

ban

trasn

port

serv

ices

.

● R

educ

ed p

eak-

hour

tra

vel t

imes

in tw

o in

tegr

ated

cor

ridor

s.

● R

educ

ed tr

affic

acci

dent

fa

talit

ies.

U

pdat

ed fo

r act

ual r

esul

ts

at p

roje

ct c

ompl

etio

n.

100.

048

%94

.0

47C

hina

- Yu

nnan

Hon

ghe

Pref

ectu

re D

iann

an C

ente

r U

rban

Tra

nspo

rt (P

1015

25

| FY1

4): i

mpr

ove

the

safe

ty,

acce

ssib

ility,

and

effi

cien

cy

of tr

ansp

orta

tion

in c

ore

urba

n ar

eas

by b

uild

ing

new

in

frast

ruct

ure,

sta

ff tra

inin

g an

d ed

ucat

ion

cam

paig

ns.

M25

● 74

2,00

0 pe

ople

ga

inin

g ac

cess

to

urba

n tra

nspo

rt se

rvic

e.

● 38

milli

on

addi

tiona

l pa

ssen

ger t

rips

annu

ally.

● R

educ

ed a

vera

ge tr

avel

tim

e fo

r pub

lic tr

ansp

ort

user

s.

● R

educ

ed th

e nu

mbe

r of

trans

port

rela

ted

fata

litie

s.

150.

043

%9.

0

48C

olom

bia

- Nat

iona

l Urb

an

Tran

sit P

rogr

am (P

1179

47 |

FY10

, FY1

2): r

educ

e ca

rbon

em

issi

ons

and

impr

ove

publ

ic

trans

porta

tion

effici

ency

and

sa

fety

.

M15

● 10

%

redu

ctio

n of

PM

10

conc

entra

tion

leve

l.

● R

educ

ed a

vera

ge

trave

l tim

e fo

r low

inco

me

rider

s.

● R

educ

ed a

ccid

ents

an

d po

llutio

n (in

clud

ing

gree

nhou

se g

ases

) as

soci

ated

with

bus

tra

nspo

rt se

rvic

es.

● 50

km

of r

ehab

ilitat

ed

pede

stria

n pu

blic

spa

ce.

493.

925

%38

3.8

CLEAN TRANSPORTATION

25THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Pass

/km

and

/or

pass

enge

rsTo

n/K

m a

nd/o

r to

ns

GH

G

emis

sion

s re

duce

d/av

oide

d

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

49Ec

uado

r - M

anta

Pub

lic

Serv

ices

Impr

ovem

ent P

roje

ct

(P14

3996

| FY

14):

impr

ove

trans

port

serv

ices

and

the

qual

ity a

nd s

usta

inab

ility

of

wat

er a

nd s

anita

tion.

M30

● 50

5 av

erag

e da

ily c

yclis

t tra

ffic

(20%

incr

ease

). ●

3,15

0 av

erag

e da

ily p

edes

trian

tra

ffic

(25%

in

crea

se).

● 71

,000

resi

dent

s be

nefit

fro

m w

ater

con

nect

ion

inve

stm

ents

. ●

Impr

oved

mob

ility

and

acce

ssib

ility

of

stre

et n

etw

ork

incl

udin

g pe

dest

rian

faci

litie

s an

d cy

clin

g pa

ths.

100.

087

%32

.2

50Ec

uado

r - Q

uito

Met

ro L

ine

One

(P14

4489

| FY

15):

impr

ove

urba

n m

obilit

y an

d se

rve

the

grow

ing

dem

and

for p

ublic

tra

nspo

rt.

M30

● 29

6,00

0 pa

ssen

gers

per

da

y.

● 58

,170

tons

of

CO

2 em

issi

ons

redu

ced

per

year

.

● U

S$14

milli

on in

ann

ual

fuel

sav

ings

. ●

40%

redu

ctio

n in

av

erag

e tra

vel t

ime.

●

1,80

0 jo

bs c

reat

ed.

205.

012

%14

6.9

51In

dia

- Eas

tern

Ded

icat

ed

Frei

ght C

orrid

or -

II (P

1317

65

| FY1

4): i

ncre

ase

the

capa

city

an

d qu

ality

of f

reig

ht ra

il se

rvic

e.

M22

● 22

tons

of

freig

ht tr

affic

annu

ally.

● 40

0,00

0 to

ns o

f CO

2 eq

. red

uced

an

nual

ly.

● 1,

133

kms

of n

ew

freig

ht-o

nly

rail.

●

Axle

-load

lim

it ra

ised

fro

m 2

3 to

25

tons

in

crea

sing

spe

eds.

910.

067

%12

3.0

52In

dia

- Sus

tain

able

Urb

an

Tran

spor

t (P1

1037

1 | F

Y10)

: im

prov

e go

vern

men

t cap

acity

to

man

age

clim

ate

frien

dly

urba

n tra

nspo

rt so

lutio

ns fo

cusi

ng

on p

ublic

and

non

-mot

oriz

ed

trans

port.

M30

● 12

8,00

0 to

ns o

f CO

2 eq

. em

issi

ons

redu

ced

annu

ally

ove

r 10

yea

rs.

● 68

new

saf

e si

dew

alks

an

d cy

cle

track

s.

● 40

% p

ublic

tran

spor

t tri

p m

ode

shar

e.

105.

232

%81

.8

53M

exic

o - U

rban

Tra

nspo

rt Tr

ansf

orm

atio

n (P

1071

59

| FY1

0): r

educ

e ca

rbon

em

issi

ons

and

trans

form

pub

lic

trans

porta

tion

effici

ency

.

M13

● 34

0,00

0

tons

of C

O2

eq. e

mis

sion

s re

duce

d an

nual

ly w

hen

city

sub

proj

ects

ar

e fu

lly

oper

atio

nal.

● 9.

3 in

tegr

ated

mas

s tra

nsit

corri

dors

of 1

5km

ea

ch.

● 12

new

ligh

t tra

ins.

150.

06%

52.0

54Pe

ru –

Lim

a M

etro

Lin

e 2

Proj

ect (

P145

610

| FY1

5):

Con

stru

ctio

n of

a 3

5 km

sub

way

lin

e an

d re

late

d in

frast

ruct

ure

impr

ovin

g tra

nspo

rtatio

n in

the

east

-wes

t axi

s of

the

Lim

a-C

alla

o M

etro

polit

an a

rea.

M17

● 36

0,00

0 pa

ssen

gers

per

da

y.

● 10

0,00

0 ad

ditio

nal j

obs

reac

habl

e by

pub

lic

trans

porta

tion

with

in 6

0 m

inut

es.

● 34

% re

duct

ion

in tr

avel

tim

e pe

r trip

. ●

Bene

fits

1.6

milli

on

peop

le fo

r im

prov

ed

acce

ss to

jobs

.

300.

05%

40.0

CLEAN TRANSPORTATION

26THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Pass

/km

and

/or

pass

enge

rsTo

n/K

m a

nd/o

r to

ns

GH

G

emis

sion

s re

duce

d/av

oide

d

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

55Ph

ilippi

nes

- Ceb

u Bu

s R

apid

Tr

ansi

t (BR

T) P

roje

ct (P

1193

43

| FY1

5): i

mpr

ove

the

qual

ity,

safe

ty, a

nd e

nviro

nmen

tal

perfo

rman

ce o

f urb

an p

ublic

tra

nspo

rtatio

n.

M25

● 27

5,00

0 ad

ditio

nal

pass

enge

rs

usin

g pu

blic

tra

nspo

rtatio

n.

● 50

%

redu

ctio

n in

C

O2 e

mis

sion

s pe

r per

son-

km in

pro

ject

co

rrido

r.

● 25

% re

duct

ion

of

annu

al a

ccid

ents

in c

ity.

116.

051

%12

.3

Subt

otal

for T

rans

port

5,19

0.1

2,20

5.1

Cum

ulat

ive

Loan

Rep

aym

ents

(53.

2)To

tal A

lloca

ted

and

Out

stan

ding

for T

rans

port

2,15

1.9

Amou

nts

may

not

add

up

due

to ro

undi

ng.

CLEAN TRANSPORTATION

27THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Ann

ual w

ater

sa

ving

s

Ann

ual

amou

nt o

f w

aste

wat

er

trea

ted/

reus

ed/

avoi

ded

Ann

ual

amou

nt o

f ra

w/u

ntre

ated

se

wag

e sl

udge

trea

ted

& d

ispo

sed

of

Ann

ual

amou

nt

of

slud

ge

that

is

reus

ed

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

56Br

azil

- Fed

eral

Inte

grat

ed

Wat

er S

ecto

r (P1

1207

3 | F

Y12)

: im

prov

e w

ater

re

sour

ce m

anag

emen

t in

clud

ing

asse

ssin

g ho

w

clim

ate

chan

ge im

pact

s w

ater

ava

ilabi

lity,

and

im

prov

e co

ordi

natio

n an

d ca

paci

ty o

f key

fede

ral

inst

itutio

ns in

the

wat

er

sect

or.

A30

~~

~~

● 14

wat

er re

sour

ces

man

agem

ent i

nstit

utio

ns

supp

orte

d by

the

proj

ect.

●

Incr

ease

d w

ater

use

effi

cien

cy a

nd p

rope

r m

anag

emen

t of s

olid

was

te.

● Im

prov

ed q

ualit

y of

wat

er

serv

ice

in b

oth

urba

n an

d ru

ral a

reas

.

63.8

75%

16.3

57Br

azil

- Esp

irito

San

to

Inte

grat

ed S

usta

inab

le

Wat

er M

anag

emen

t Pr

ojec

t (P1

3068

2 | F

Y14)

: im

prov

e su

stai

nabl

e w

ater

re

sour

ces

man

agem

ent

and

incr

ease

acc

ess

to

sani

tatio

n.

Both

25~

~●

1,59

0 to

ns o

f BO

D

(Bio

chem

ical

O

xyge

n D

eman

d)

rem

oved

a

year

.

~●

2.6

milli

on p

eopl

e be

nefit

. ●

70%

of S

tate

with

dis

aste

r w

arni

ng s

yste

m.

● 32

,897

new

hou

seho

ld

sew

er c

onne

ctio

ns.

● 16

4,00

0 pe

ople

with

im

prov

ed s

anita

tion.

●

2,00

0 he

ctar

es re

fore

sted

.

81.1

70%

2.4

58C

hina

- Be

ngbu

In

tegr

ated

Env

ironm

ent

Impr

ovem

ent (

P096

925

| FY0

8): i

mpr

ove

effec

tiven

ess

and

resi

lienc

e of

urb

an w

ater

su

pply,

trea

tmen

t ser

vice

s an

d flo

od p

reve

ntio

n an

d co

ntro

l sys

tem

s th

roug

h im

prov

ed in

frast

ruct

ure

and

wat

ersh

ed

man

agem

ent.

A25

~●

60 k

m o

f w

aste

wat

er

netw

orks

co

mpl

eted

.

~~

● 85

.5%

floo

d pr

otec

tion

of B

engb

u’s

city

land

ar

ea (1

31.8

4 km

of s

torm

dr

aina

ge n

etw

orks

). ●

Pollu

tion

redu

ctio

n re

ache

d 13

%

● 3

mon

ths

of w

ater

sup

ply

rese

rves

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

99.9

45%

99.9

59C

hina

- W

ater

C

onse

rvat

ion

II (P

1141

38 |

FY12

): im

prov

e ag

ricul

ture

w

ater

man

agem

ent a

nd

incr

ease

agr

icul

ture

wat

er

prod

uctiv

ity.

A30

● 22

.67

milli

on

cubi

c m

eter

s re

duct

ion

in

wat

er w

ithdr

awal

. ●

16.5

2 m

illion

cu

bic

met

ers

redu

ctio

n in

gr

ound

wat

er

over

draf

t. ●

5.80

milli

on

cubi

c m

eter

s re

duct

ion

in

grou

ndw

ater

w

ithdr

awal

.

nana

na●

15%

incr

ease

in m

ain

crop

yie

lds.

●

RM

B 20

0 in

crea

se in

per

ca

pita

ann

ual a

gric

ultu

ral

inco

me.

●

Rev

erse

the

trend

of

decl

inin

g w

ater

tabl

e in

gr

ound

wat

er ir

rigat

ed a

reas

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

76.7

50%

76.7

WATER AND WASTEWATER

28THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Ann

ual w

ater

sa

ving

s

Ann

ual

amou

nt o

f w

aste

wat

er

trea

ted/

reus

ed/

avoi

ded

Ann

ual

amou

nt o

f ra

w/u

ntre

ated

se

wag

e sl

udge

trea

ted

& d

ispo

sed

of

Ann

ual

amou

nt

of

slud

ge

that

is

reus

ed

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

60C

hina

- Xi

ning

Flo

od

and

Wat

ersh

ed M

gmt

(P10

1829

| FY

09):

impr

ove

sust

aina

ble

utiliz

atio

n of

land

an

d w

ater

reso

urce

s by

impr

oved

floo

d co

ntro

l man

agem

ent,

was

tew

ater

col

lect

ion

and

treat

men

t, an

d w

ater

shed

m

anag

emen

t.

A30

~●

4,80

0,00

0 to

ns o

f un

treat

ed

was

tew

ater

flo

win

g in

to

river

s av

oide

d an

nual

ly.

nana

● 1,

100,

000

tons

of s

oil l

oss

avoi

ded

annu

ally.

●

434,

440

peop

le b

enefi

t fro

m re

duce

d vu

lner

abilit

y to

flo

od e

vent

s.

Upd

ated

for a

ctua

l res

ults

at

proj

ect c

ompl

etio

n.

100.

053

%10

0.0

61D

omin

ican

Rep

ublic

- Em

erge

ncy

Rec

over

y an

d D

isas

ter R

isk

Man

agem

ent (

P109

932

| FY0

8, F

Y12)

: pro

vide

in

frast

ruct

ure

reco

very

an

d st

reng

then

risk

m

anag

emen

t cap

acity

in

tropi

cal s

torm

affe

cted

ar

eas.

A30

~~

nana

● 37

,218

hec

tare

s of

da

mag

ed ir

rigat

ion

rebu

ilt.

● 15

2 km

tran

smis

sion

lin

es re

stor

ed to

“dis

aste

r-re

sist

ant”

stan

dard

s.

● Sa

ntia

go w

aste

wat

er

oper

atio

n re

stor

ed.

● 25

2 M

W o

f dam

aged

hy

drop

ower

faci

litie

s re

stor

ed a

nd d

am s

afet

y st

anda

rds

impr

oved

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

99.9

100%

99.9

62In

dia

- And

hra

Prad

esh

Wat

er S

ecto

r Im

prov

emen

t (P1

0095

4 |

FY10

): im

prov

e irr

igat

ion

serv

ices

on

a su

stai

nabl

e ba

sis

and

stre

ngth

en

the

Stat

e’s

inst

itutio

nal

capa

city

for m

ultis

ecto

ral

deve

lopm

ent a

nd o

f its

w

ater

reso

urce

s.

A30

~~

~~

● Im

prov

ed ir

rigat

ion

serv

ice

deliv

ery

on a

sus

tain

able

ba

sis.

●

Incr

ease

d cr

oppi

ng

inte

nsity

, cro

p di

vers

ity,

and

prod

uctiv

ity o

f cro

ps,

lives

tock

, and

fish

. ●

895,

455

hect

ares

pr

ovid

ed w

ith n

ew ir

rigat

ion

or d

rain

age

serv

ices

.

450.

646

%35

3.2

63In

done

sia

- Wat

er

Res

ourc

es a

nd Ir

rigat

ion

Man

agem

ent P

rogr

am

2 (P

1143

48 |

FY11

): im

prov

e in

frast

ruct

ure

and

gove

rnm

ent c

apac

ity

for r

iver

bas

in w

ater

re

sour

ce a

nd ir

rigat

ion

man

agem

ent.

A25

nana

nana

● In

crea

sed

crop

pr

oduc

tivity

by

prov

idin

g m

ore

effici

ent a

nd re

liabl

e irr

igat

ion

wat

er.

● 50

0,00

0 fa

rmer

ho

useh

olds

from

pro

vinc

es

invo

lvin

g 12

rive

r bas

ins

bene

fited

. ●

381,

000

hect

ares

pr

ovid

ed w

ith n

ew ir

rigat

ion

or d

rain

age

serv

ices

. Pr

ojec

t com

plet

ed.

150.

074

%12

4.7

WATER AND WASTEWATER

29THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Targ

et R

esul

ts

#Li

nk to

Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M /a

Project Life

Ann

ual w

ater

sa

ving

s

Ann

ual

amou

nt o

f w

aste

wat

er

trea

ted/

reus

ed/

avoi

ded

Ann

ual

amou

nt o

f ra

w/u

ntre

ated

se

wag

e sl

udge

trea

ted

& d

ispo

sed

of

Ann

ual

amou

nt

of

slud

ge

that

is

reus

ed

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

64Le

bano

n - L

ake

Qar

aoun

Po

llutio

n Pr

even

tion

(P14

7854

| FY

16):

redu

ce

the

quan

tity

of u

ntre

ated

m

unic

ipal

sew

age

disc

harg

ed in

to th

e Li

tani

Riv

er a

nd a

ddre

ss

pollu

tion

arou

nd Q

arao

un

Lake

.

A14

~●

30,0

00

cubi

c m

eter

s of

mun

icip

al

was

tew

ater

co

llect

ed a

nd

treat

ed d

aily.

● 1,

250

cubi

c m

eter

s of

tras

h re

mov

ed fr

om

river

ban

ks.

~●

50%

redu

ctio

n in

po

lluta

nt lo

ad (n

itrog

en) t

o w

ater

way

s.

● 34

4,00

0 of

dire

ct

bene

ficia

ries.

●

7,30

0 ne

w h

ouse

hold

se

wer

con

nect

ions

.

55.0

92%

2.2

65Tu

nisi

a - S

econ

d W

ater

Se

ctor

Inve

stm

ent

(P09

5847

| FY

09):

prom

ote

bette

r wat

er

man

agem

ent t

hrou

gh

effici

ency

impr

ovem

ents

in

irrig

atio

n an

d in

crea

sed

capa

city

for w

ater

shed

m

anag

emen

t.

A30

~~

nana

● 24

,436

hec

tare

s re

habi

litat

ed w

ith ir

rigat

ion

and

drai

nage

sys

tem

s.

● 21

,128

hou

seho

lds

supp

lied

with

new

drin

king

w

ater

. U

pdat

ed fo

r act

ual r

esul

ts a

t pr

ojec

t com

plet

ion.

17.0

30%

17.0

66Vi

etna

m –

Can

Tho

Urb

an

Dev

elop

men

t and

R

esilie

nce

(P15

2851

| FY

16):

redu

ce fl

ood

risk

in th

e ur

ban

core

are

a,

impr

ove

its c

onne

ctiv

ity

to n

ew u

rban

gro

wth

ar

eas,

and

impr

ove

the

city

’s c

apac

ity to

man

age

disa

ster

risk

.

A29

nana

nana

● 2,

675

hect

ares

in u

rban

co

re la

nd a

rea

prot

ecte

d fro

m fl

oods

.

● 25

-30%

redu

ctio

n in

trav

el

time

betw

een

urba

n co

re

and

Cai

Ran

g ce

nter

. ●

420,

000

peop

le a

s di

rect

be

nefic

iarie

s.

125.

039

%5.

3

Subt

otal

for W

ater

, Was

tew

ater

, and

Was

te M

anag

emen

t1,

319.

189

7.6

Cum

ulat

ive

Loan

Rep

aym

ents

(64.

8)To

tal A

lloca

ted

and

Out

stan

ding

for W

ater

, Was

tew

ater

, and

Was

te M

anag

emen

t83

2.8

Amou

nts

may

not

add

up

due

to ro

undi

ng.

WATER AND WASTEWATER

30THE WORLD BANK GREEN BOND IMPACT REPORT 2018

SOLID WASTE MANAGEMENTTa

rget

Res

ults

#Li

nk fo

r Mor

e In

form

atio

n

Proj

ect N

ame

(Num

ber |

Yea

r/s L

oans

A

ppro

ved)

an

d D

escr

iptio

n

A/M

Project Life

Was

te p

reve

nted

, m

inim

ized

, reu

sed

or

recy

cled

Ann

ual G

HG

em

issi

ons

redu

ced

Oth

er re

sults

CommittedUS$ mil

IBRD share

Allocated US$ mil

67Br

azil

- Int

egra

ted

Solid

Was

te

& C

arbo

n Fi

nanc

e (P

1067

02 |

FY11

): im

prov

e tre

atm

ent a

nd

final

dis

posa

l of m

unic

ipal

sol

id

was

te a

nd re

duce

met

hane

em

issi

ons.

M19

● 9,

000

tons

per

day

of

was

te d

ispo

sed

in e

nviro

nmen

tally

su

stai

nabl

e sa

nita

ry

land

fills

.

● 50

milli

on to

ns o

f m

etha

ne re

gene

rate

d an

nual

ly.

● 3

dum

ps c

lose

d.

● 7

mun

icip

aliti

es m

ade

inve

stm

ents

to im

prov

e re

cycl

ing

and

com

post

ing

activ

ities

. U

pdat

ed fo

r act

ual

resu

lts a

t pro

ject

co

mpl

etio

n.

16.7

14%

16.7

68M

oroc

co -

Solid

Was

te S

ecto

r D

PL (P

1049

37 |

FY09

): en

hanc

e th

e go

vern

ance

of t

he

solid

was

te s

ecto

r.

M26

nana

● 24

,436

hec

tare

s re

habi

litat

ed w

ith

irrig

atio

n an

d dr

aina

ge

syst

ems.

●

21,1

28 h

ouse

hold

s su

pplie

d w

ith n

ew

drin

king

wat

er.

Upd

ated

for a

ctua

l re

sults

at p

roje

ct

com

plet

ion.

117.

110

0%11

7.1

Subt

otal

for S

olid

Was

te M

anag

emen

t5,

190.

12,

205.

1C

umul

ativ

e Lo

an R

epay

men

ts(5

3.2)

Tota

l Allo

cate

d an

d O

utst

andi

ng fo

r Sol

id W

aste

Man

agem

ent

2,15

1.9

Amou

nts

may

not

add

up

due

to ro

undi

ng.

31THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Target Results

# Link for More Information

Project Name (Number | Year/s Loans Approved)

and Description

A/M

Project Life

ResultsC

omm

ittedU

S$ mil

IBR

D share

Allocated

US$ m

il

69 Armenia - Second Community Agriculture Resource Management and Competitiveness Project (P133705 | FY14): improve pasture-based livestock management in targeted alpine grasslands areas.

A 25 ● At least 10,000 pasture users benefit through their membership in Pasture Users’ Cooperatives. ● 110,000 hectares of land managed with sustainable practices.

23.0 54% 5.0

70 China - Guangdong Agricultural Pollution Control (P127775 | FY14): promote waste management in livestock and crop production (including methane capture and use) and improve soil nutrient, fertilizer, and pesticide use.

M 25 ● 45,000 tons of annual pollution load to waterways reduced. ● 5,000 tons of annual nutrient load to waterways reduced. ● 28,000 hectares with improved soil nutrient, fertilizer and pesticide use.

100.0 48% 44.5

71 China - Hebei Rural Renewable Energy Development Project (P132873 | FY15): demonstrate sustainable biogas production and utilization to reduce environmental pollution and supply clean energy.

M 25 By 2020: ● 42,000,000 m3 of biogas used annually. ● 58,780 tons of CO2 emissions reduced annually. ● 96,100 rural resident households with access to biogas supply. ● Additional biogas used as fuel for public transportation.

71.5 47% 7.6

72 China - Hunan Forest Restoration and Development (P125021 | FY13): increase resilience of forests.

Both 26 ● 58,900 hectares of ecological forest plantation areas reforested and rehabilitated. ● 26,130 households benefited.

80.0 69% 80.0

73 China - Integrated Forestry Development (P105872 | FY11): increase forest cover to create wind breaks, farmland shelter belts, and conservation schemes, and to train farmers in forest and environmental management.

Both 25 ● 132,600 hectares of forests restored or re/afforested. ● 20% increase in vegetative cover plus improved species diversity in degraded forests rehabilitated. ● 324,000 farmers trained in forest management. Updated for actual results at project completion.

99.1 50% 99.1

74 China - Integrated Modern Agriculture Development (P125496 | FY14): develop sustainable and climate resilient agricultural production systems by investing in improved irrigation and drainage systems and practices that address climate risk.

A 25 ● Reduced water use per ton of rice, wheat and maize produced in target regions. ● 94,000 hectares of farmland served with improved irrigation and drainage services. ● 38,500 hectares of leveled land and improved soil conditions.

200.0 64% 129.4

75 China - Ningxia Desertification Control and Ecological Protection (P121289 | FY12): control desertification and land degradation by stabilizing moving sands, re-vegetating degraded steppe lands and planting shelter belts.

Both 30 ● 30,000 hectares restored or re/ afforested.

80.0 70% 35.3

76 Indonesia - Coral Reef Rehabilitation and Management Program- Coral Triangle Initiative (P127813 | FY14): protect and sustainably manage unique coral ecosystems in selected districts and provinces.

A 20 ● Reduce destructive fishing in selected areas. ● 1,140 direct beneficiaries in fishing communities. ● 1.4 million hectares of marine areas brought under biodiversity protection.

3.8 89% 1.3

AGRICULTURE, LAND USE, FORESTS, AND ECOLOGICAL RESOURCES

32THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Target Results

# Link to More Information

Project Name (Number | Year/s Loans Approved)

and Description

A/M

Project Life

ResultsC

omm

ittedU

S$ mil

IBR

D share

Allocated

US$ m

il

77 Mexico - Forests and Climate Change (P123760 | FY12): support rural communities' sustainable management of forests, and generate additional income from forest products and services and to reduce emissions from deforestation and forest degradation.

Both 13 ● 10% increase in areas under improved forest management (equivalent to 1,630,000 additional hectares). ● Support 2 pilot areas to reduce carbon emissions from deforestation and forest degradation. ● 4,000 forest communities benefited. (3,202 by end of 2016 – value is yearly results)

350.0 45% 286.4

78 Morocco - Large Scale Irrigation Modernization (P150930 | FY16): expand agriculture through the adoption of irrigation techniques that make more efficient use of water resources, while building better ties between farmers and markets.

A 25 ● 9,274 farmers benefit. ● 100% of area with access to water on demand in peak period. ● 20,700 hectares with improved irrigation technologies.

150.0 80% 5.9

79 Peru - Peru National Agriculture Innovation Program (P131013 | FY14): strengthen the national agricultural innovation system and integrate climate change criteria into project such as adaptive research, seed improvements and skills development, among others.

A 10 ● 20,000 small and medium farmers adopting new technologies. ● 61 new technologies demonstrated on farms.

13.0 31% 2.6

80 Philippines - Rural Development (P132317 | FY15): improve the resilience of small-scale farmers and fishermen to climate change by helping them recover and increase income-generating activities and strengthening the conservation of coastal and marine resources.

A 30 ● Increase incomes of about 1.9 million farmers and fishermen and the value of their products.

501.3 75% 148.2

81 Russian Federation - Forest Fire Response (P123923 | FY13): improve forest fire prevention and management and to enhance sustainable forest management.

Both 18 ● Improve forest fire detection and suppression systems. ● Improve capabilities of fire brigades. ● Avoid 75,500,000 tons of CO2 eq. emissions over 25 years. ● Raise public awareness and education standards in forestry issues in general.

40.0 33% 16.2

82 Tunisia - Fourth Northwest Mountainous and Forested Areas Development (P119140 | FY11): better protect and manage natural resources through conservation of soil and water resulting from improved agriculture and pasture practices and to improve access to potable water for rural communities.

A 21 ● Reduce erosion and forest degradation. ● Build climate change awareness and disseminate climate-appropriate practices to reinforce livelihood and agro-system resilience. ● 318,000 people benefit

33.5 73% 32.4

AGRICULTURE, LAND USE, FORESTS, AND ECOLOGICAL RESOURCES

33THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Target Results

# Link to More Information

Project Name (Number | Year/s Loans Approved)

and Description

A/M

Project Life

ResultsC

omm

ittedU

S$ mil

IBR

D share

Allocated

US$ m

il

83 Uruguay - Sustainable Management of Natural Resources and Climate Change (P124181 | FY12): improve farm environmental management and reduce greenhouse gas emissions by promoting improved agriculture and livestock management.

Both 21 ● 2,700 (actual has been higher at 3,029) hectares of agricultural land with reduced methane emissions. ● Improve water use in irrigation and livestock production systems. ● Improve pasture management and other productivity measures.

49.0 89% 42.6

Subtotal for Agriculture, Land Use, Forests, and Ecological Resources 1,794.1 936.5Cumulative Loan Repayments (4.1)

Total Allocated and Outstanding for Agriculture, Land Use, Forests, and Ecological Resources 932.4

Amounts may not add up due to rounding.

AGRICULTURE, LAND USE, FORESTS, AND ECOLOGICAL RESOURCES

34THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Target Results

#

Project Name (Number | Year/s Loans

Approved) and Description

A/M

Project Life Results

Com

mitted

US$ m

il

IBR

D

share

Allocated

US$ m

il

84 Belize - Climate Resilient Infrastructure (P127338 | FY15): enhance the resilience of road infrastructure against flood risks and the impacts of climate change.

A 25 ● 30 km of roads rehabilitated and 12 bridges and culverts improved. ● 50% reduction in road interruption due to flooding. ● 170,000 people living near the road networks directly benefit.

30.0 100% 1.6

85 China - Fujian Fishing Ports Project (P129791 | FY14): reduce the vulnerability of fishing communities to extreme weather events.

A 27 ● 11,000 fishermen and their families (total 64,000 people) benefit. ● 3,000 fishing vessels protected in ports. ● Improved effectiveness of early warning and emergency systems.

60.0 58% 4.2

86 China - Huai River Basin Flood Management and Drainage Improvement (P098078 | FY11): increase resilience of communities to the impacts of climate change, particularly flooding.

A 25 ● 9,500 km2 of flood protection (in rural and urban areas). ● 6,600,000 people benefited. Updated for actual results at project completion.

200.0 33% 200.0

87 Jamaica - Disaster Vulnerability Reduction (P146965 | FY16): enhance the country’s resilience to disaster and climate risk.

A 29 ● Protection of infrastructure (e.g., bridges, storm drains, roads) from floods directly benefitting about 247,000 people. ● Increase the government’s capacity to better prepare for and respond to natural disasters.

30.0 100% 1.2

88 Macedonia & Serbia - South East Europe and Caucasus Catastrophe Risk Insurance Facility (P110910 | FY11): increase access to catastrophe risk insurance through facilitating the growth of insurance markets.

A 22 ● Increased catastrophe insurance coverage from 2% to 15% for homeowners, farmers, enterprises, and government entities holding catastrophe insurance policies. Updated for actual results at project completion.

10.0 100% 10.0

89 Mexico - Climate Change Development Policy Loan (P110849 | FY08): mainstream climate change considerations into public policy.

Both 10 Climate-informed public policies, including: ● 642,000 hectares reforested. ● 6,000,000 tons of CO2 eq. emissions reduced annually due to reforestation. ● Domestic carbon pricing strategy developed. ● City and state climate action plans developed. Updated for actual results at project completion.

501.3 100% 501.3

90 Russian Federation - Hydrometeorological Services Modernization (P127676 | FY14): enhance capacity to deliver reliable and timely weather, hydrological and climate information.

A 18 ● >70% accuracy of forecasts for the main administrative centers of Russia. ● > 85-90% accuracy of seasonal river flow forecasts in Volga river basin reservoirs. ● Increased number of sectoral data users data.

60.0 43% 16.1

91 Timor-Leste - Road Climate Resilience Project (P125032 | FY14): rehabilitate and improve the climate resilience of a road corridor.

A 28 ● Improved drainage conditions along 110 km road corridor. ● 30% reduction in major road damage events.

15.0 16% 0.0

Subtotal for Resilient Infrastructure, Built Environment, and Other 906.3 734.3Cumulative Loan Repayments (0.3)

Total Allocated and Outstanding for Resilient Infrastructure, Built Environment, and Other 734.0

Amounts may not add up due to rounding.

RESILIENT INFRASTRUCTURE, BUILT ENVIRONMENT, AND OTHER

37THE WORLD BANK GREEN BOND IMPACT REPORT 2018

Key Assumptions and ApproachThe following key assumptions and approach were used in preparing this report.

• Ex-ante projections: Quantitative estimates for target results represent ex-ante projections developed during project design mostly for direct project impacts once projects are at normal operating capacity. The target results include expected results for projects still in the preparation, construction and/or implementation phase. The impact report thus serves as an illustration of expected results made possible through Green Bond eligible projects, but it is not intended to and does not provide actual results achieved in a specific year or reporting period. Target results have been updated with actual results at project completion when the final project commitment is materially different to the original authorized amount. Where the amounts are based on actual results this is noted in the preceding tables.

• Length of time projects are on report: Impact reporting will be provided for projects for so long as they are part of the World Bank Green Bond program. This means that projects are added to the impact report once Green Bond proceeds have been allocated to support the financing of disbursements to the project, and removed once the client has repaid the respective loan. Projects may also be removed from future reports if the World Bank decides to remove a project from its Green Bond program.1 If a project is removed from the Green Bond program, any Green Bond proceeds previously allocated to support the financing of disbursements to that project will be credited back to the Special Account for Green Bond proceeds and allocated to support the financing of disbursements to other Green Bond eligible projects as part of the routine allocation process.

1 As part of the World Bank’s due diligence in monitoring projects included in its Green Bond program, it may elect to remove a project. Possible reasons for removing a project from a Green Bond program include, but are not limited to, cancellation of the project or significant implementation delays.

• Reporting for co-financed projects: The World Bank often co-finances projects with the client country and/or other lenders. The results for the individual project are based on the total project including all financiers. The World Bank’s share of the total financing is included for each project.

• Partial project eligibility: In cases where a project is only partially Green Bond eligible, the committed amount reported reflects only that portion that is Green Bond eligible. Allocations to support disbursements to such projects are made on a pro rata basis.

• No aggregation of GHG estimates: When reported in the “Project Appraisal”, “Implementation Status and Results”, and/or “Implementation Completion and Results” reports, the GHG emission reductions for projects are reported in tons of CO2 equivalent. The World Bank is undertaking an effort in conjunction with other International Finance Institutions to harmonize the approaches for GHG accounting.2 At the same time, the World Bank is working to develop internally consistent GHG accounting methodologies for investment projects across relevant sectors. Given these on-going developments in GHG accounting, the basis for estimating CO2 equivalent emission reductions may vary between World Bank projects. Therefore, the World Bank does not recommend aggregating the results of different projects in its Green Bond portfolio.

• All reported results are from publicly available sources: Reporting is based on publicly available impacts for the projects disclosed in “Project Appraisal”, “Implementation Status and Results”, and “Implementation Completion and Results” reports. To facilitate comparability of the reported results, the reporting units have been converted where such conversion is based on a standard conversion factor.

2 For more information on the harmoniza-tion framework, see http://pubdocs.worldbank.org/en/540921538149778203/2017-joint-report-on-mdbs-climate-finance.pdf.

38THE WORLD BANK GREEN BOND IMPACT REPORT 2018

The World Bank project cycle (see diagram 1) consists of six stages: Identification, Preparation, Appraisal, Negotiation/Approval, Implementation/Support, and Completion/Evaluation (see below for the detailed descriptions).

Projects that are reviewed for eligibility under the World Bank Green Bond program are selected from among all projects approved by the World Bank Board of Directors (see diagram 2). They therefore represent a subset of the World Bank’s lending portfolio. As of June 30, 2018, there were 91 projects in the Green Bond program.

Project IdentificationThe World Bank works with a borrowing country’s government on a Country Partnership Framework that identifies the country’s priorities for reducing poverty and improving living standards. Within those priorities, the World Bank and the government agree on a project concept, which is outlined in a Project Concept Note. The Project Information Document outlines the project’s scope, and the Integrated Safeguards Data Sheet identifies potential environmental and social issues.

Project PreparationThe borrower leads project preparation, with the World Bank generally taking an advisory role. If necessary, the borrower prepares an Environmental Assessment Report that describes the project’s likely environmental impact and steps to mitigate possible harm. If there are major issues, the borrower prepares an Environmental Action Plan. An analysis of a project’s potentially adverse effects on indigenous peoples may also be undertaken, and any issues are addressed in the Indigenous Peoples Plan.

Project AppraisalThe government and the World Bank review the identification and preparation documents and confirm the expected project outcomes, intended beneficiaries and evaluation tools, as well as the project’s readiness for implementation. The Project Information Document is updated and released when the project is approved for funding.

Project ApprovalThe project team prepares the Project Appraisal Document (for investment project financing) or the Program Document (for development policy financing), along with other financial and legal documents, for submission to the World Bank’s Board of Executive Directors for approval. When approval is obtained and the legal documents are signed, the implementation phase begins.

Project ImplementationThe borrower implements the project with technical assistance and support from the World Bank as needed. Twice a year, the government and the World Bank prepare a review of project progress, the Implementation Status and Results Report.

Project Completion and EvaluationWhen a project is completed and closed, a World Bank operations team prepares an Implementation Completion and Results Report. The final outcomes are compared to expected results. The team also assesses how well the project complied with the Bank’s operations policies, and accounts for the use of Bank resources.

The World Bank’s Independent Evaluation Group (IEG) assesses the performance of roughly one project out of four projects a year, measuring outcomes against the original objectives, sustainability of results and institutional development impact. IEG may produce Impact Evaluation Reports to assess the economic worth of projects and the long-term effects on people and the environment.

ANNEX 2:WORLD BANK PROJECT CYCLE

1

2

3

4

5

6