The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program - FSM (P151754) Pacific Islands Regional Oceanscape Program - FSM (P151754) EAST ASIA AND PACIFIC | Micronesia, Federated States of | Environment & Natural Resources Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 8 | ARCHIVED on 18-Dec-2018 | ISR34777 | Implementing Agencies: National Oceanic Marine Resource Authority, Department of Finance Key Dates Key Project Dates Bank Approval Date: 22-Dec-2014 Effectiveness Date: 08-May-2015 Planned Mid Term Review Date: 11-Feb-2019 Actual Mid-Term Review Date: -- 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 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 Component 1: Sustainable Management of Oceanic Fisheries:(Cost $5.00 M) Component 2: Sustainable Management of Coastal Fisheries:(Cost $0.30 M) Component 3: National Program Management, Monitoring and Evaluation:(Cost $0.20 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 Substantial Substantial Implementation Status and Key Decisions Implementation has been slower than expected[PB1] but progress has been made in key areas such as Component 1 (Oceanic Fisheries): (a) longline VDS continues to be progressed with NORMA and FFA undertaking a national workshop involving the four FSM States b) recruitment of the Competent Authority advisor and associated state-based inspectors is nearing completion, c) provision of training to NORMA staff on range of monitoring, control, surveillance, and reporting functions related to catch transshipment, shark conservation, fisheries information management, and sanitary controls for fisheries products and d) ongoing strengthening of the observer program and continued implementation of NORMA’s institutional reform. Component 2 (Coastal Fisheries) has achieved completion of investments to improve sustainability of community managed coastal fisheries with the delivery of the final Coastal Fisheries Assessment report in June 2018. 12/18/2018 Page 1 of 5 The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program - FSM (P151754) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate Substantial Substantial Institutional Capacity for Implementation and Sustainability Substantial Moderate Moderate Fiduciary Moderate Moderate Moderate Environment and Social Substantial Substantial Moderate Stakeholders Substantial Moderate Moderate Other Moderate Moderate Moderate Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes PDO Indicators IN00588720 ►Number of days fished in a country’s waters does not exceed its agreed annual allocation of fishing vessel days (PAE), while the total regional allocation (TAE) remains within sustainable levels* (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 92.00 -- 81.50 100.00 Date 15-Feb-2015 -- 25-Jun-2018 30-Sep-2020 FSM continues to meet this indicator as verified by the independent auditor. Comments: IN00588742 ►Direct project beneficiaries (number), of which are female (%) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 60,000.00 Date 15-Feb-2015 -- 27-Nov-2018 30-Sep-2020 Comments: The beneficiary target has been found to be inappropriate for this project and the target number incorrect. 12/18/2018 Page 2 of 5 The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program - FSM (P151754) This will be revised during the restructuring. Overall Comments PDO Both PDO indicators and Intermediate indicators will be substantially revised. Intermediate Results Indicators by Components Component 1: Sustainable Management of Oceanic Fisheries IN00588741 ►100% of purse seine fishing vessel days used are recorded annually according to agreed criteria* (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 -- 100.00 100.00 Date 15-Feb-2015 -- 27-Nov-2018 30-Sep-2020 FSM continues to meet its targets as shown in the DLI report submitted in April 2018 and subsequently Comments: verified by independent auditor. IN00588744 ►100% of purse seine fishing days used and sold are disclosed annually to the PNAO FIMS and other parties as part of a comprehensive verification system for the VDS* (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 100.00 100.00 Date 15-Feb-2015 -- 27-Nov-2018 30-Sep-2020 FSM continues to meet its targets as shown in the DLI report submitted in April 2018 and subsequently Comments: verified by independent auditor. IN00588743 ►Percentage (%) of tuna catch within a country’s waters that is encompassed within the VDS or a compatible system* (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 89.00 -- 100.00 100.00 Date 15-Feb-2015 -- 27-Nov-2018 30-Sep-2020 FSM continues to meet its targets as shown in the DLI report submitted in April 2018 and subsequently Comments: verified by independent auditor. IN00588746 ►At least one measure applied and maintained to increase flexibility and the value of a purse seine vessel day above the baseline (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes 12/18/2018 Page 3 of 5 The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program - FSM (P151754) Date 15-Feb-2015 10-May-2018 27-Nov-2018 30-Sep-2020 FSM has applied and maintained pooling to allow for multi-zone days, thus increasing the flexibility and Comments: value of a purse seine day. IN00588745 ►A similar system to the VDS is introduced for managing access to the two long-line fisheries (tropical long-line fishery and southern albacore long-line fishery) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- Yes Yes Date 15-Feb-2015 -- 27-Nov-2018 30-Sep-2020 The Parties to the Nauru Agreement (PNA) longline vessel day scheme was introduced in FSM in 2015 Comments: (for the tropical long-line fishery). Component 2: Sustainable Management of Coastal Fisheries IN00650272 ►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 Yes Date 27-Nov-2018 -- 27-Nov-2018 31-Dec-2019 This is a contract between FFA and SPC. It is not directly under FSM's control and is not an FSM PROP Component. Comments: Component 3: National Program Management, Monitoring and Evaluation IN00588747 ►Implementing agencies receive the support needed from FFA to achieve the program’s objectives (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Yes No No Yes Date 15-Feb-2015 10-May-2018 27-Nov-2018 30-Sep-2020 FSM PROP has not received the support needed from FFA to achieve the program’s objectives. FFA PROP was restructured in June 2018 to remove this support role, and the FSM PROP results framework Comments: will be updated accordingly during the upcoming restructure. Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed 12/18/2018 Page 4 of 5 The World Bank Implementation Status & Results Report Pacific Islands Regional Oceanscape Program - FSM (P151754) P151754 IDA-D0140 Effective USD 5.50 5.50 0.00 0.94 4.54 17% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P151754 IDA-D0140 Effective 22-Dec-2014 20-Mar-2015 08-May-2015 30-Sep-2020 30-Sep-2020 Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 12/18/2018 Page 5 of 5