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BH-L1049 : Contingent Loan for Natural Disaster Emergencies

Project Status: Implementation

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

Project Number
BH-L1049
Approval date
September 11, 2019
Project Country
Bahamas
Project Sector
FINANCIAL MARKETS
Project Subsector
RISK FINANCING
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
4853/OC-BH

Financial Information

Project Number
BH-L1049
Project Status
Implementation

IDB Financing

Financing type
CCF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Aug/10/2020

Roles & Responsibilities

Contract signature date
Sep/11/2019

Project Information

Total Cost
USD 100,000,000
Country counterpart financing
USD 0
Amount
USD 100,000,000