UK contribution to the World Bank Group PROBLUE Programme to facilitate sustainable finance for healthy oceans

IATI Identifier: GB-GOV-7-BPFPROB
Published in IATI IATI
  • date_range Apr 01, 2023 - Mar 31, 2026
  • autorenew Implementation (Status)

PROBLUE is the World Bank’s leading multilateral mechanism for leveraging and disbursing blue finance towards sustainable ocean sectors and activities. It is a multi-donor trust fund that supports the achievement of Sustainable Development Goal (SDG) 14, Life Below Water, and the Bank’s twin goals of ending extreme poverty and boosting shared prosperity. PROBLUE aims to do this by reducing the existing blue finance gap by creating the necessary enabling environment for public and private sectors to shift from unsustainable to sustainable activities.

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Sectors:
  • Environmental policy and administrative management error
    Sector code:
    41010 - Environmental policy and administrative management
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Biosphere protection error
    Sector code:
    41020 - Biosphere protection
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Bio-diversity error
    Sector code:
    41030 - Bio-diversity
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Site preservation error
    Sector code:
    41040 - Site preservation
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Environmental education/ training error
    Sector code:
    41081 - Environmental education/ training
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Environmental research error
    Sector code:
    41082 - Environmental research
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)

Participating Organisations

Organisation Name Organisation Type Organisation Role
Department for Environment, Food, and Rural Affairs Government Accountable
Department for Environment, Food, and Rural Affairs Government Funding
World Bank Group Multilateral Implementing

Transaction

Transaction Value Provider Receiver Type Date
7,250,000 GBP (Valued at Mar 18, 2024) circle Department for Environment, Food, and Rural Affairs circle World Bank Disbursement date_rangeMar 18, 2024
10,000,000 GBP (Valued at Mar 15, 2023) circle Department for Environment, Food, and Rural Affairs circle Receiver N/A Expenditure date_rangeMar 15, 2023
4,750,000 GBP (Valued at Feb 06, 2023) circle Department for Environment, Food, and Rural Affairs circle Receiver N/A Expenditure date_rangeFeb 06, 2023
2,000,000 GBP (Valued at Mar 29, 2022) circle Department for Environment, Food, and Rural Affairs circle Receiver N/A Expenditure date_rangeMar 29, 2022
6,000,000 GBP (Valued at Nov 24, 2021) circle Department for Environment, Food, and Rural Affairs circle Receiver N/A Expenditure date_rangeNov 24, 2021

Budget

16,100,000 USD
3,850,000 GBP (Valued at Apr 01, 2023) date_range Apr 01, 2023 - Mar 31, 2024
12,250,000 GBP (Valued at Apr 02, 2024) date_range Apr 02, 2024 - Mar 31, 2025
access_timeUpdated on Dec 02, 2024 14:18:51
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