Public Disclosure Copy The World Bank Implementation Status & Results Report HCFC Phase-out in the PU Foam Sector Project (P115763) HCFC Phase-out in the PU Foam Sector Project (P115763) EAST ASIA AND PACIFIC | Indonesia | Environment, Natural Resources & the Blue Economy Global Practice | Montreal Protocol | Investment Project Financing | FY 2014 | Seq No: 12 | ARCHIVED on 12-Dec-2019 | ISR39543 | Implementing Agencies: Ministry of Environment and Forestry, Ministry of Finance Key Dates Key Project Dates Bank Approval Date: 11-Jul-2013 Effectiveness Date: 11-Jul-2013 Planned Mid Term Review Date: 01-Mar-2016 Actual Mid-Term Review Date: 26-Feb-2016 Original Closing Date: 30-Jun-2016 Revised Closing Date: 30-Jun-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to reduce the consumption of HCFC-141b in the foam sector in Indonesia in order to contribute to the government's effort to comply with Indonesia's HCFC phase-out obligations under the Montreal Protocol. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Investment in HCFC-141b Consumption Reductions in the PU Foam Sector:(Cost $8.71 M) Technical Assistance and Policy Support:(Cost $0.44 M) Project Management:(Cost $0.24 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The project continues to make good progress in reducing the use of HCFC-141b in the polyurethane foam sector and helping Indonesia meet its Montreal Protocol targets for progressively phasing out the importation and use of HCFCs that damage the ozone layer and contribute to global warming. To date, the project has helped phase out the use of about 359 metric tons of HCFC-141b which is more than halfway the project's final reduction target. This is equivalent to reducing carbon dioxin emissions by some 300,000 tCO2 per year, equivalent to the amount of greenhouse gases that would be emitted by about 65,000 passenger cars. 12/12/2019 Page 1 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report HCFC Phase-out in the PU Foam Sector Project (P115763) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Low Low Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and Sustainability -- Moderate Moderate Fiduciary -- Low Low Environment and Social -- Low Low Stakeholders -- Moderate Moderate Other -- -- -- Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes Reduce the consumption of HCFC 141b in the foam sector in Indonesia IN00773364 ►Avoided CO2e emissions as a result of the conversion to low GWP technology for the PU foam sector (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 308,122.00 308,122.00 602,848.00 Date 31-Dec-2010 01-Mar-2019 22-Nov-2019 30-Jun-2023 Contribute to compliance with Indonesia's HCFC phase-out obligations under the Montreal Protocol IN00773365 ►ODP targets for HCFC141b imports for the foam sector met (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 90.61 50.60 50.60 0.00 Date 31-Dec-2010 01-Mar-2019 22-Nov-2019 30-Jun-2023 Intermediate Results Indicators by Components 12/12/2019 Page 2 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report HCFC Phase-out in the PU Foam Sector Project (P115763) Investment in HCFC-141b Consumption Reductions in the PU Foam Sector IN00773366 ►Agreements with beneficiaries signed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 23.00 22.00 26.00 Date 31-Mar-2013 01-Mar-2019 22-Nov-2019 30-Jun-2023 The end target of the signed agreements was adjusted to 26 after restructuring and approval additional financing for stage II up in December 2017. The target includes: (i) the 9 foam companies under stage I (originally 25 but reduced by the 16 small companies that withdrew and were replaced by the support to system houses; (ii) 2 system-houses under Stage I; (iii) 2 Comments: system houses under Stage II; (iv) 12 new foam companies under stage II; and (v) 1 voucher system - group project counted as one agreement for about 201 very small producers IN00773369 ►HCFC 141b quantity covered by signed contract (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 389.10 406.51 666.92 Date 01-Apr-2013 01-Mar-2019 22-Nov-2019 30-Jun-2023 The current value reflects the quantity covered by 22 contracts signed to date. Does not include the 46.97 tons phased out by the 16 small enterprises supported through the system Comments: house after restructuring. IN00773371 ►HCFC141b quantity phased out completed (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 317.86 359.11 666.92 Date 01-Apr-2013 01-Mar-2019 22-Nov-2019 30-Jun-2023 Technical Assistance and Policy Support IN00773367 ►Issuance of annual import quota (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 31-Mar-2013 01-Mar-2019 22-Nov-2019 30-Jun-2023 IN00773370 ►TA activities (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 50.00 54.00 50.00 Date 31-Mar-2013 01-Mar-2019 22-Nov-2019 30-Jun-2023 The number of TA has been updated to reflect the new target (50) instead of previous target (15 -covering stage I only). The number is expected to increase in the future, as the TA activity is expected to continue. Nov 2019: Comments: 1. Training foam companies : 10 2. Training system houses: 7 3. Meetings/workshops: 20 12/12/2019 Page 3 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report HCFC Phase-out in the PU Foam Sector Project (P115763) 4. Policy and regulation meetings: 17 Project Management IN00773368 ►Compliance with reporting requirements (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2013 01-Mar-2019 22-Nov-2019 30-Jun-2023 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P115763 TF-14673 Effective USD 6.97 6.97 0.00 4.78 2.19 69% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P115763 TF-14673 Effective 11-Jul-2013 11-Jul-2013 11-Jul-2013 30-Jun-2016 30-Jun-2023 Cumulative Disbursements 12/12/2019 Page 4 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report HCFC Phase-out in the PU Foam Sector Project (P115763) Restructuring History Level 2 Approved on 29-Jun-2016 Related Project(s) P161588-Indonesia: HCFC Phase-out in the PU Foam Sector: Additional Financing for Stage 2 12/12/2019 Page 5 of 5