World Bank Group

03/24/2023 | Press release | Archived content

Georgia Resilient Agriculture, Irrigation, and Land Project

  • Abstract
  • Key Details
  • Finances
  • Ratings
  • Results

Development Objective

The Project Development Objective (PDO) is to: (a) improve irrigation, and drainage services, and agricultural production in project areas; and (b) strengthen national irrigation and land management institutional capacity for climate resilient planning.

Key Details

Project Details

  • Project ID

    P175629

  • Status

    Active

  • Team Leader

    Ranu Sinha,Jan Joost Nijhoff,Nadege Orlova

  • Borrower 2

    Georgia

  • Country

    Georgia

  • Approval Date

    (as of board presentation)

    March 24, 2023

  • Total Project Cost 1

    US$ 150.00 million

  • Implementing Agency

    National Agency of Public Registry, Ministry of Environmental Protection and Agriculture

  • Region

    Europe and Central Asia

  • Fiscal Year 3

    2023

  • Commitment Amount

    US$ 75.00 million

  • Environmental and Social Risk

    Substantial

  • Last Update Date

    March 6, 2023

  • Closing Date

    N/A

  • Last Stage Reached

    Begin Negotiation

  • Notes

    1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

    2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.

    3. "Fiscal Year" is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

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Sectors

No data available.

Themes

Environment and Natural Resource Management
  • Water Resource Management0%
    • Water Institutions, Policies and Reform0%
  • Climate change0%
    • Mitigation0%
Urban and Rural Development
  • Rural Development0%
    • Land Policy and Tenure0%
    • Land Administration and Management0%
Human Development and Gender
Social Development and Protection
Finance
  • Finance for Development0%
    • Agriculture Finance0%
Private Sector Development
Footnote: The climate change percentage (climate finance) shown under the Environment and Natural Resource Management Theme refers to the original amount of IBRD/IDA financing that was committed at Board approval stage. The World Bank estimates climate finance ex-ante, using the Joint Multilateral Development Bank (MDB) methodologies for tracking climate finance in climate change adaptation and mitigation.

Project Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 75.00
International Bank For Reconstruction And Development 75.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 75.00
IDA Commitment N/A
IBRD + IDA Commitment 75.00
Lending Instrument Investment Project Financing
Grant Amount N/A
Total Project Cost** 150.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2023

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2023

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Footnotes

*The financial data in this block are updated on a monthly basis. For more information on World Bank lending by country please visit the Country Lending Summaries.

** Principal refers to the original US dollar amount of the loan, credit, or grant that was committed and approved. Disbursements represent increases in the balance outstanding due to payments made to borrowers, as well as capitalized charges (such as loan origination fees on IBRD loans). Repayments refer to the total principal amount paid or prepaid to IBRD or IDA in US dollars, calculated at the exchange rate on the value date of the individual repayment. Repayments include payments made by borrowers, debt relief provided by IDA, and payments made by third parties on behalf of the borrowers. The disbursed amount less the repaid amount, for loans and credits, may not equal the loan or credit balance outstanding due to exchange rate movements.

Ratings

IMPLEMENTATION RATINGS

PREVIOUS RATINGS CURRENT RATINGS: 01-01-1900
N/A N/a N/a

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.