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Bangladesh: Korea to provide $4.6 million to face natural disasters

Source(s): National News Agency of Bangladesh
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South Korea will provide US$4.6 million to support operations of the World Food Programme (WFP) in Bangladesh to help households and communities become more resilient in the face of natural disasters.

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The Building Resilience to Achieve Zero Hunger (BRAZH) initiative aims to reach over 4,000 families living in the flood-prone areas in Kurigram Sadar and Chilmari sub-districts of Kurigram district in the northwest of Bangladesh from 2018 to 2021.

WFP, with the help of Korea, will be able to pilot a series of innovative approaches to resilience-building, including micro-insurance products to protect smallholder farmers and day labourers, forecast-based financing models to disburse aid before a predicted weather disaster, and seasonal livelihoods planning to develop climate-resilience options for livelihoods.

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Hazards Flood
Themes Economics of DRR Disaster risk management Food security and agriculture
Country and region Bangladesh Korea, Rep of
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