The general objective of this Technical Cooperation (TC) is to strengthen the Government of Honduras's (GoH) institutional capacities for effective disaster response and financial management of disaster risks. The specific objectives are to (i) strengthen the National Risk Management System's (SINAGER) in disaster response and resilient reconstruction; (ii) support the Secretariat of Finance (SEFIN) in transferring disaster risks to markets through innovative financial instruments; and (iii) enhance SEFIN's technical capacities to enable financial solutions that facilitate access to private financing for investments in disaster risk reduction and climate resilience.
Project Detail
Country
Honduras
Project Number
HO-T1481
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
RISK FINANCING
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 900,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 450,000.00