Table 5: Overview World Bank Nutrient Reduction Investment Fund Portfolio for Black Sea/Danube (as of March 2006)[ta1]
|
Project Title |
Status |
Funding (US$ million) |
Co-financing ratio (GEF:Other) |
Estimated N+P Annual Reduction (tons) (***) | ||
|
GEF Grant |
Co-Financing (*) |
N |
P | |||
|
Under Implementation |
||||||
|
Romania Agricultural Pollution Control |
WB Board Approval: 12/13/01 |
5.15 |
5.65 |
1:1 |
200 |
25 |
|
Bulgaria Wetlands Restoration and Nutrient Reduction |
WB Board Approval: 06/13/2002 |
7.50 |
5.78 |
1:1 |
218-813 |
23.4-37.4 |
|
Moldova Agricultural Pollution Control (part. blended IDA/GEF) |
WB Board Approval: 02/26/2004 |
4.95 |
5.79 |
1:1 |
280 |
70 |
|
Turkey Watershed Rehabilitation and APC (blended IBRD/GEF) |
WB Board Approval: 06/1/2004 |
7.00 |
38.00 |
1:5 |
200 |
25 |
|
Serbia Danube River Enterprise Pollution Reduction |
WB Board Approval: 05/12/2005 |
9.02 |
13.12 |
1:1 |
430 |
70 |
|
Bosnia Water Quality Protection (part. blended IDA/GEF) |
WB Board Approval: 6/7/2005 |
4.25 |
11.4 |
1:3 |
31 |
5 |
|
Total |
37.87 |
79.74 |
1:2 |
|||
|
Awaiting Board approval |
||||||
|
Hungary Nutrient Reduction (part. blended IBRD/GEF) |
Expected WB Board Approval: 3/29/2006 |
12.50 |
80.00 |
1:5 |
4108 |
181 |
|
50.37 |
159.74 |
|||||
|
Under Preparation |
||||||
|
Romania Environmental Management (blended IBRD/GEF) |
Expected WB Board Approval: 12/2006 |
5.00 |
15.00 |
|||
|
Croatia Agricultural Pollution Control (part. blended IBRD-GEF) |
Expected WB Board Approval: 12/2006 |
5.00 |
10.00 |
1:2 |
tbd |
tbd |
|
Ukraine Rural Development (APC) (blended IBRD/GEF) |
Expected WB Board Approval: 12/2006 |
5.00 |
75.00 |
1:15 |
tbd | |
|
Total |
65.00 |
259.74 |
||||
|
Russia Rostov Reduction of Nutrient Discharges and Methane Emissions |
Expected WB Board Approval: |
6.00 |
52.7 |
1:13 |
469 |
44 |
|
Russia Krasnodar Agricultural Pollution Control |
Expected WB Board Approval: |
5.00 |
7.00 |
1:1 |
tbd |
tbd |
|
76.37 |
319.44 |
|||||
|
Pre-Pipeline |
||||||
|
Moldova Environmental Infrastructure |
Expected WB Board Approval: 12/2006 |
3.00 |
10.00 |
1:3 |
tbd |
tbd |
|
Ukraine Odessa Wastewater Treatment (part. blended IBRD/GEF) |
Expected WB Board Approval: 12/2006 |
6.90 |
150.00 |
1:22 |
tbd |
tbd |
|
Total |
86.27 (**) |
479,44 |
||||
(*) Co-financing includes parallel financing from World Bank and/or other donors which is in support of the GEF project and is part of the baseline investments but may not be included in the financing plan of the project approved by the World Bank Board. This figure is expected to increase during project implementation to reflect any additional financing leveraged by the GEF interventions over the life of the project.
(**) This figure represents approximately 20% more than the overall resource envelope approved by GEF Council for the Investment Fund ($ 70 million). Since the IF operates on a first-come first-serve basis but grants are made available only after a project is approved by the World Bank Board (approximately 18-24 months after they enter the IF pipeline), a 20% pipeline overprogram covers for those projects that may be dropped during project preparation.
(***) The reduction estimates relate strictly to investments made during the life time of the project which serve mainly the purpose of demonstration and awareness raising. In the years following the implementation of the project, it is expected that these practices will be replicated widely and hence the nutrient load reduction will be significantly higher.