The World Bank                                                                                                                                                         Report No: ISR14354


                                                                                                    Implementation Status & Results
                                                                                                                Nicaragua
                                                                                                     Precious Woods Project (P094154)
Public Disclosure Copy




                         Operation Name: Precious Woods Project (P094154)                                         Project Stage:   Implementation         Seq.No: 6     Status: DRAFT           Last Modified Date: 03-Apr-2014
                                                                           Country: Nicaragua                                              Approval FY:        2006
                         Product Line: Carbon Offset                       Region: LATIN AMERICA AND CARIBBEAN                             Lending Instrument: Specific Investment Loan
                         Implementing Agency(ies):
                         Key Dates
                         Board Approval Date    12-Apr-2006         Original Closing Date 31-Aug-2017                    Last Archived ISR Date 25-Dec-2013
                         Effectiveness Date     28-Mar-2006         Revised Closing Date 31-Dec-2018


                         Overall Ratings
                                                                Previous Rating                           Current Rating
                         Progress towards achievement of PDO    Satisfactory                              Satisfactory
                         Overall Implementation Progress (IP)   Satisfactory                              Satisfactory
                         Overall Risk Rating


                         Implementation Status Overview
                         An implementation support mission was conducted at the end of November 2012. Verification was concluded and the first credits issued February 2013. In February 2013 a LEvel II
                         restructuring and minor amendment to the ERPA was processed.


                         Locations
                         Country                                                  First Administrative Division                         Location                                          Planned             Actual
                         Nicaragua                                                Departamento de Rivas                                 Municipio de Cardenas


                         Key Decisions Regarding Implementation
Public Disclosure Copy




                         Issuance of CERs related to the CDM project was completed in February 2013.

                         Related Projects
                         There are no related projects.




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