A new project, the Disaster Risk Mitigation and Adaptation Project, was approved today by the World Bank’s Board of Executive Directors. The project will strengthen institutional capacities to reduce Albania’s vulnerability to the natural and man-made hazards; and to limit human, economic, and financial losses due to these disasters.
This will be achieved through capacity building for emergency response through provision of necessary equipment, and strengthening disaster risk mitigation planning; supporting disaster risk reduction by provision of accurate hydro-meteorological forecasts and services tailored to the needs of disaster risk managers in weather-sensitive sectors; reducing risks from seismic activities through development of improved building codes and mechanisms for introduction of improved standards; and providing access to private catastrophic risk insurance to households and small and medium enterprises (SMEs).
For more information, please call Michael Jones (202) 473-2588 or e-mail here at email@example.com.
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