{"id":64507,"date":"2021-03-12T14:03:52","date_gmt":"2021-03-12T12:03:52","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=64507"},"modified":"2021-03-12T14:03:52","modified_gmt":"2021-03-12T12:03:52","slug":"world-bank-afd-allocate-100m-to-back-tunisias-disaster-climate-resilience","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/world-bank-afd-allocate-100m-to-back-tunisias-disaster-climate-resilience\/","title":{"rendered":"World Bank, AFD allocate $100m to back Tunisia\u2019s disaster, climate resilience"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\">The <a href=\"https:\/\/www.csregypt.com\/en\/world-bank-report-commends-egypts-mental-health-initiative-for-women\/\">World Bank<\/a> and the <a href=\"https:\/\/www.afd.fr\/en\">French Development Agency (AFD)<\/a> allocated a total of $ 100 million financing \u2013 each $ 50 million &#8211; to support a disaster and climate resilience project in Tunisia.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The Program aims to strengthen Tunisia\u2019s disaster risk management and financing efforts to better protect the country\u2019s population and safeguard assets from disasters and climate-related events.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Tunisia is highly exposed to a wide range of natural hazards including floods, drought, landslides, forest fires, sand encroachment, and snowstorms. While droughts are most frequently recorded (54% of disaster events reported between 1957 and 2018), floods accounted for the most significant economic losses in that same period (approximately 60 percent of total losses), the highest number of casualties, and the highest number of people affected (around 560,000 people).<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">According to the World Bank\u2019s latest Climate Risk Profile, Tunisia is considered highly vulnerable to climate change and is expected to experience adverse impacts from increased temperatures, reduced precipitation, more serious water shortages, and rising sea levels.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">\u201cThis project approved today will help strengthen the government\u2019s Disaster Risk Management capabilities to protect Tunisians from more frequent\u2014and increasingly severe\u2014natural disasters,\u201d\u00a0said Tony Verheijen, World Bank Tunisia Country Manager.\u201cThe Program will boost investments in resilience and strengthen the country\u2019s policies\u2014including developing a catastrophe insurance market\u2014which will help protect households and businesses across Tunisia.\u201d<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The Tunisia Integrated Disaster Resilience Program is anchored in the Government\u2019s broader national Disaster Risk Management (DRM) strategy.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The program will support key parts of the national DRM strategy that the Government of Tunisia considers critical to protect Tunisians, including investing in flood risk protection infrastructure in selected exposed cities; and combining interventions across several ministries and institutes to strengthen the country\u2019s early warning systems and modernizing climate and hydrometeorological services.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">It also includes establishing insurance mechanisms to protect Tunisians against the financial fallout of natural disasters. The proposed disaster risk insurance programs will combine public funding with private sector insurance; and improving regulations to help improve coordination across sectors and territories and strengthen Tunisia\u2019s overall disaster and climate resilience.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>The World Bank and the French Development Agency (AFD) allocated a total of $ 100 million financing \u2013 each $ 50 million &#8211; to support a disaster and climate resilience project in Tunisia. The Program aims to strengthen Tunisia\u2019s disaster risk management and financing efforts to better protect the country\u2019s population and safeguard assets from [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":64508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6038,984],"tags":[6910,9161,10162,6739],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World Bank, AFD allocate $100m to back Tunisia\u2019s disaster, climate resilience - Csr Egypt<\/title>\n<meta name=\"description\" content=\"The World Bank and the AFD allocated a total of $ 100 million financing to support a disaster and climate resilience project in Tunisia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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