Friday, November 11, 2011

World Bank.Costa Rica Catastrophe Deferred Draw Down Option (CAT DDO): P111926-Implementation Status Results Report

The project is achieving its objective to enhance the capacity of the Government to implement its disaster risk management program for natural disasters, and project implementation is progressing as expected.

The Bank has maintained an open dialogue on DRM issueswith the country and verified that the operation is successfully supporting two key policy areas of the Costa Rica Disaster Risk Management Program: (a) strengthening of the institutional and legal framework, and (b) mainstreaming disaster risk in the National Development and Investment programs. The DRM agenda in the country has expanded to:

(a) the integration of Disaster Risk Management in the Costa Rica Planning System,
(b) the development of risk transfer instruments,
(c) the use of risk modeling tools (through the Central America Probabilistic Risk Assessment - CAPRA), and
(d) the implementation of early warning systems (in cooperation with the World Meteorological Organization - WMO).

Author: Guzman Escobar,Armando Eduardo. Document Date:  2011/11/09.Document Type:  Implementation Status and Results Report  Report Number: ISR4816

Click here to see PDF filePDF 4 pages Official Version

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