The program is structured as programatic loan to support policy reforms (PBP) in the contex of natural disaster risk management and climate change. The program consists of two components: (i) Governance and development of regulatory frameworks to consolidate legal and policy instruments initiated by the country; and (ii) Development of management instruments to increase the factors that determine Panam's Index of Risk Management (IGR): risk identification, risk reduction, disaster management, and financial management for disaster risks.
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