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Housing Group Initiative Aims to Reduce Damage Caused By Natural Disasters

Serbia Improves Response to Natural Disasters with World Bank Help

Serbia will be better equipped to rapidly respond to its population in the aftermath of a natural disaster thanks to a new, €66.1 million loan approved today by the World Bank Board of Directors. The loan will provide the government with immediate access to financial resources to meet emergency and recovery needs once an emergency is declared, ensuring that budget resources are not diverted from ongoing programs.

The Disaster Risk Management Policy Loan with a Catastrophe – Deferred Drawdown Option (CAT-DDO) is the first loan of its kind in Europe from the World Bank, building on previous experience from other regions. The loan will provide Serbia with rapid access to funding to deal with…

 

Housing Group Initiative Aims to Reduce Damage Caused By Natural Disasters

highwater

By Alex Beall / May 4, 2017 (iStock/Thinkstock)

As hurricanes, earthquakes, floods, and tornadoes have devastated communities during recent years—including last weekend’s storms that tore through several southwestern states—the Federal Alliance for Safe Homes (FLASH) has felt the pressure to ensure local leaders are mandating up-to-date building codes…

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One comment on “Housing Group Initiative Aims to Reduce Damage Caused By Natural Disasters

  1. rosegantner
    08/05/2017

    Something positive finally. Good! Rose 🌹

    Sent from my iPhone

    >

    Like

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