Contingent Loan for Natural Disaster Emergencies
The objective of the operation is to alleviate the impact that a severe or catastrophic natural disaster could have on the country's finances, by increasing the availability, stability, and efficiency of contingent financing to address emergencies. Additionally, the operation seeks to enhance the comprehensive disaster risk management of the country by fostering improvements in five main areas to be monitored through the Comprehensive Natural Disaster Risk Management Program (CDRMP): (i) disaster risk management governance; (ii) risk identification; (iii) risk reduction; (iv) preparation for emergency and response; and (v) financial protection and risk transfer.

Project Detail

Country

Bahamas

Project Number

BH-L1049

Approval Date

September 11, 2019

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

CND (Contingency for Natural Disasters)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 100,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4853/OC-BH Sovereign Guaranteed USD - United States Dollar Ordinary Capital
Operation Number 4853/OC-BH
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument:

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000066-615627602-3
Loan Proposal
CONTINGENT LOAN PROPOSAL NOTIFICATION TO THE PUBLIC BH-L1049.docx
Mar. 26, 2024
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8539
Loan Contract
Amendatory Contract No. 3 - Contingent Loan for Natural Disaster for Emergencies.pdf
Mar. 21, 2024
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8411
Loan Contract
Amendatory Contract No. 2 - Contingent Loan for Natural Disaster Emergencies.pdf
Mar. 21, 2024
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8251
Loan Contract
Amendatory Contract No. 1 Contingent Loan for Natural Disaster for Emergencies BH-O0003.pdf
Mar. 19, 2024
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-6457
Loan Contract
Contract - Contingent Loan for Natural Disaster Emergencies - Bahamas.pdf
Mar. 19, 2024
English

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