WB project

Bhutan Climate and Disaster Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option

Financing
USD 40.0mClimate finance commitment
Status
Unknown
Period
—
Scope
National

About the project

To strengthen Bhutan’s institutional and technical capacity to manage climate change and natural disaster risks, while improving resilience of critical infrastructure, early warning systems, and financial preparedness for disaster response. Implementation modality: NIM Type of support: Adaptation Technology development/transfer: early warning systems, hydrometeorological information, disaster-risk information and technical systems Contributes to capacity-building objectives. Use, impact and results: Supports policy and institutional reforms to strengthen climate and disaster resilience in Bhutan, including resilient infrastructure and buildings, enhanced early warning systems, forest-fire management and financial resilience. The Cat DDO also provides rapid access to contingent financing following an eligible disaster or health emergency. Key expected results include enhanced GLOF early-warning coverage for 150,000 people, DRM action plans for 1,125 MW of planned hydropower capacity, improved compliance with resilient building standards across 20 Dzongkhags, and stronger property valuation and forest-fire management systems. Project component/outputs: Pillar A – Integrating Climate and Disaster Resilience into Critical Infrastructure and Buildings: Pillar B – Strengthening Systems for Natural Disasters Early Warning and Financial Resilience of Property:

Funding

SourceTypeFacilityAgencyAmount
WBClimate financeIDA—USD 40.0m

Amounts are commitments, not disbursements.

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