Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) Cusco Regional Development (P117318) LATIN AMERICA AND CARIBBEAN | Peru | Social, Urban, Rural and Resilience Global Practice Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 10 | ARCHIVED on 03-May-2018 | ISR31520 | Implementing Agencies: Cusco Regional Government, REPUBLIC OF PERU Key Dates Key Project Dates Bank Approval Date:22-Nov-2013 Effectiveness Date:03-Nov-2014 Planned Mid Term Review Date:12-Sep-2016 Actual Mid-Term Review Date:05-Sep-2016 Original Closing Date:31-Jan-2019 Revised Closing Date:31-Jan-2019 Project Development Objectives Project Development Objective (from Project Appraisal Document) To improve the quality of tourism and solid waste management services and increase the resilience of the tourism sector to the impacts of natural disasters in the provinces of Calca, Urubamba, and Cusco. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Development and Consolidation of Tourism Services:(Cost $22.20 M) Integrated Solid Waste Management:(Cost $12.96 M) Disaster Risk Management and Disaster Preparedness:(Cost $7.51 M) Institutional Strengthening, Management and Monitoring and Evaluation:(Cost $5.59 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Unsatisfactory Overall Implementation Progress (IP)  Moderately Unsatisfactory  Unsatisfactory Overall Risk Rating  High  High 5/3/2018 Page 1 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) Implementation Status and Key Decisions Following the mid-term review in September 2016, the Project was restructured in August 2017 to prioritize activities that are achievable within the remaining Project timeframe, and to optimize the use of World Bank funds. Given slow implementation to date, the Government of Peru and the World Bank have agreed that an additional restructuring and partial cancellation of loan funds will be required. 5/3/2018 Page 2 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) 5/3/2018 Page 3 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) 5/3/2018 Page 4 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) 5/3/2018 Page 5 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) 5/3/2018 Page 6 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) Risks Systematic Operations Risk-rating Tool 5/3/2018 Page 7 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Substantial  Substantial Macroeconomic  --  Low  Low Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  High  High Institutional Capacity for Implementation and Sustainability  --  High  High Fiduciary  --  Moderate  High Environment and Social  --  High  High Stakeholders  --  High  High Other  --  --  -- Overall  --  High  High Results Project Development Objective Indicators PHINDPDOTBL  Percent reduction in the dissatisfaction rating of the upgraded tourism sites under the Project (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDPDOTBL  Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 703,044.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDPDOTBL  Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 51.40 5/3/2018 Page 8 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) PHINDPDOTBL  Number of people (tourists and residents) in the Project area from whom waste is collected and disposed in one of the Project sanitary landfills (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 703,044.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDPDOTBL  Number of people (tourists and residents) covered by a functioning early warning system for natural disasters under the Project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 703,044.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL  Existing tourism sites equipped with improved infrastructure installments (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 5/3/2018 Page 9 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) PHINDIRITBL  Pilot Competitive Fund for Tourism for small businesses in the Sacred Valley operational (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N Y Y Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDIRITBL  Industrial and municipal waste disposal capacity created under the project (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 37.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDIRITBL  Informal and formalized recyclers (households) benefiting from Project social inclusion activities. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 102.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDIRITBL  Number of Provincial sanitary landfills constructed under the Project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 5/3/2018 Page 10 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) PHINDIRITBL  Number of municipalities provided with equipment and works for improved collection, recycling and street sweeping (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 7.00 12.00 Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 PHINDIRITBL  Emergency Preparedness Plan established for tourists (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Jan-2014 04-Sep-2017 04-Sep-2017 31-Jan-2019 PHINDIRITBL  Strategic Regional Plan updated for prevention and reduction of disaster risk (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N Y Y Date 31-Jan-2014 04-Sep-2017 12-Apr-2018 31-Jan-2019 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P117318 IBRD-83060 Effective USD 35.00 35.00 0.00 4.27 30.73 12% Key Dates (by loan) 5/3/2018 Page 11 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Cusco Regional Development (P117318) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P117318 IBRD-83060 Effective 22-Nov-2013 24-Jul-2014 03-Nov-2014 31-Jan-2019 31-Jan-2019 Cumulative Disbursements Restructuring History Level 2 Approved on 16-Jul-2014 ,Level 2 Approved on 22-Jun-2017 Related Project(s) There are no related projects. 5/3/2018 Page 12 of 12 Public Disclosure Copy