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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 by the Bank: (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

Belize

Project Number

BL-O0005

Approval Date

June 19, 2019

Project Status

Implementation

Project Type

Container

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

-

Lending Instrument Code

-

Modality

Facility

Facility Type

CCF (Contingent Credit Financing for Natural Disasters)

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 10,000,000.00

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2122383238-9
Loan Proposal
GY-O0006 - Economic Analysis.docx
Oct. 27, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-6592
Loan Contract
Contract - Contingent Loan for Natural Disaster Emergencies - Belize.pdf
Oct. 07, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48434
Loan Contract
Contingent Loan for Natural Disaster Emergencies - Belize.pdf
Jul. 15, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48435
Loan Contract
Préstamo Contingente para Emergencias por Desastres Naturales - Belize.pdf
Jul. 15, 2019
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-540808419-2
Project Profile
BL-O0005. Project Profile (public).pdf
Feb. 13, 2019
English

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