Aftershocks: Remodeling the Past for a Resilient Future

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Innovative Insurance Program to Boost Natural Disaster Risk Management

WASHINGTON DC, August 15, 2017—A new catastrophe risk insurance program to helpvn-communitybased-disasterrisk-780x439 the Philippines better respond to losses from climate and disaster risks was launched by the Government of the Philippines, supported by the World Bank (IBRD, International Bank for Reconstruction and Development) and the U.K. Department for International Development.

The program provides the Philippine peso equivalent of US$206 million in coverage against losses from major typhoons and earthquakes to national government assets, and to 25 participating provinces against losses from major typhoons. Insurance payouts are made when pre-defined parametric triggers are met.

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When It Comes To Disaster Preparedness, Communities Know Best

STORY HIGHLIGHTSvn-communitybased-disasterrisk-780x439

  • In disaster-prone central Vietnam, community-based disaster risk management puts local villages and communities at the center of preparedness efforts.
  • The Government of Vietnam is spending $18.5 million on community preparedness training, drills and physical infrastructure construction chosen by communities across 100 communes in 10 provinces.
  • The training, infrastructure and public awareness raising efforts are increasing the resilience of local communities to disaster events such as floods, droughts and typhoons.

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IADB Tender: Support for Improving Disaster and Climate Resilience in Sustainable Tourism

Deadline: Jun 03, 2016 06:00 PM (US Eastern Time)

The Inter-American Development Bank now invites eligible consulting firms to indicate their interest in providing the services. idb

The firm will: (i) design and carry out baseline coastal studies for Corozal District, (ii) prioritize the coastal area for shoreline stabilization measures, including where appropriate ecosystem-based coastal protection, non-structural and soft-engineering measures, and based upon agreed criteria and stakeholder engagement; (iii) prepare designs for shoreline stabilization investments; and (iv) conduct the feasibility analysis of investments in accordance with the requirements of the Bank for public sector financing, including socioeconomic, environmental, financial, and institutional feasibility. The consultancy will also provide support to training and dissemination activities. Award of this contract is pending final availability of resources. The procurement method for this contract will be quality and cost-based selection. The anticipated budget for the services is USD $700,000.

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India – Jhelum and Tawi Flood Recovery Project

The Jhelum and Tawi Flood Recovery Project for India, worth a total of $250 million, will support the recovery and increase disaster resilience in Project Areas, and increase the capacity of the Project Implementing Entity to respond promptly and effectively to an eligible crisis or emergency. The flood affected region consists of 22 districts, affecting 12.5 million people.

The project development objective is to support the recovery and increase disaster resilience in Project Areas, and increase the capacity of the Project Implementing Entity to respond promptly and effectively to an eligible crisis or emergency.

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World Bank Group Offers Help to Nepal After Devastating Earthquake

Originally posted on World Bank website.

WASHINGTON, D.C., April 26, 2015—The World Bank Group President Jim Yong Kim today offered Nepal the Bank Group’s immediate support to overcome the damage and loss of life after a devastating earthquake on Saturday.

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