The World Bank Improving the Efficiency and Sustainability of Charcoal and Woodfuel Value Chains (P163358) REPORT NO.: RES38272 RESTRUCTURING PAPER ON A PROPOSED PROJECT RESTRUCTURING OF IMPROVING THE EFFICIENCY AND SUSTAINABILITY OF CHARCOAL AND WOODFUEL VALUE CHAINS APPROVED ON NOVEMBER 14, 2017 TO MINISTRY OF FINANCE AND ECONOMIC PLANNING (MINECOFIN) ENVIRONMENT, NATURAL RESOURCES & THE BLUE ECONOMY AFRICA Regional Vice President: Hafez M. H. Ghanem Country Director: Carlos Felipe Jaramillo Global Director: Karin Erika Kemper Practice Manager/Manager: Iain G. Shuker Task Team Leader: Pablo Cesar Benitez Ponce The World Bank Improving the Efficiency and Sustainability of Charcoal and Woodfuel Value Chains (P163358) ABBREVIATIONS AND ACRONYMS The World Bank Improving the Efficiency and Sustainability of Charcoal and Woodfuel Value Chains (P163358) Note to Task Teams: The following sections are system generated and can only be edited online in the Portal. BASIC DATA Product Information Project ID Financing Instrument P163358 Investment Project Financing Original EA Category Current EA Category Approval Date Current Closing Date 14-Nov-2017 31-Dec-2019 Organizations Borrower Responsible Agency Rwanda Environment Management Authority (REMA) Ministry of Finance and Economic Planning (MINECOFIN) under the Ministry of Environment Financing (in USD Million) FIN_SUMM_PUB_TBL SUMMARY Total Project Cost 0 Total Financing 0 Financing Gap 0 DETAILS -NewFin3 The World Bank Improving the Efficiency and Sustainability of Charcoal and Woodfuel Value Chains (P163358) Project Development Objective (PDO) Original PDO The project development objective is to improve the efficiency and sustainability of woodfuel value chains in Northwest Rwanda. The project will result in a major advance in woodfuel management across the Gishwati-Mukura landscape by improving woodlot management practices, increasing the efficiency of charcoal production and improving seed quality for increased resilience. OPS_TABLE_PDO_CURRENTPDO Summary Status of Financing Net TF Approval Signing Effectiveness Closing Commitment Disbursed Undisbursed TF-A6134 14-Nov-2017 27-Dec-2017 28-Mar-2018 31-Dec-2019 3.77 1.44 2.40 Policy Waiver(s) Does this restructuring trigger the need for any policy waiver(s)? No I. PROJECT STATUS AND RATIONALE FOR RESTRUCTURING The project had an official launch in February 2018, which attracted significant media attention. Institutional arrangements are in place, and an MoU between Rwanda Environmental Authority (REMA) and Rwanda Forest and Water Authority was signed. Contracts to support improved woodlot management, seeds quality, and biomass processing are ongoing. Given procurement delays, overall implementation progress (IP) is rated as moderately satisfactory. The project is closely connected to the Landscape Approach to Forest Restoration and Conservation (LAFREC) Project, which has also seen some delays. While these challenges are being addressed, a one-year non-cost extension is required to complete all activities. II. DESCRIPTION OF PROPOSED CHANGES A non-cost extension of one year, from 31 December 2019 to 31 December 2020 is proposed to allow for the completion of all activities. The World Bank Improving the Efficiency and Sustainability of Charcoal and Woodfuel Value Chains (P163358) III. SUMMARY OF CHANGES Changed Not Changed Loan Closing Date(s) ✔ Implementing Agency ✔ Project's Development Objectives ✔ Results Framework ✔ Components and Cost ✔ Cancellations Proposed ✔ Additional Financing Proposed ✔ Reallocation between Disbursement Categories ✔ Disbursements Arrangements ✔ Disbursement Estimates ✔ Change in Overall Risk Rating ✔ Safeguard Policies Triggered ✔ EA category ✔ Legal Covenants ✔ Institutional Arrangements ✔ Financial Management ✔ Procurement ✔ Implementation Schedule ✔ Other Change(s) ✔ IV. DETAILED CHANGE(S) OPS_DETAILEDCHANGES_LOANCLOSING_TABLE The World Bank Improving the Efficiency and Sustainability of Charcoal and Woodfuel Value Chains (P163358) LOAN CLOSING DATE(S) Original Revised Proposed Proposed Deadline TF Status Closing Closing(s) Closing for Withdrawal Applications TF-A6134 Effective 31-Dec-2019 31-Dec-2020 30-Apr-2021 Note to Task Teams: End of system generated content, document is editable from here.