The general objective of the program is to strengthen the capacity of the Salvadoran State to provide timely and adequate support to poor and vulnerable households affected by disasters, so that they are more likely to restore their levels of well-being without resorting to negative coping strategies.The specific objectives are to: (i) institutionalize Adaptive Social Protection (ASP) and its coordination with the National Civil Protection, Disaster Prevention and Mitigation System to enable the timely activation of transfers in response to shocks; (ii) establish an institutionalized and interoperable information system to identify populations exposed to and affected by disasters; and (iii) enable the delivery of emergency transfers through public payment channels and platforms, with a mechanism to ensure that contingent resources are channeled to these transfers.
Project Detail
Country
El Salvador
Project Number
ES-L1190
Approval Date
-
Project Status
Preparation
Project Type
Loan Operation
Sector
ENVIRONMENT AND NATURAL DISASTERS
Subsector
INTEGRATED DISASTER RISK MANAGEMENT
Lending Instrument
Policy-Based Financing
Lending Instrument Code
PBL
Modality
CAT (Deferred Drawdown Option for Catastrophic Risk)
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 393,000,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 393,000,000.00