1. Home
  2. Documents and publications

Accelerating risk reduction through forward looking investments and policies in Romania

Source
World Bank, the
Global Facility for Disaster Reduction and Recovery, the (GFDRR)
Upload your content

Romania has accelerated investments and undertaken policy reforms in disaster risk management in recent years. In 2018, in collaboration with the World Bank and the Global Facility for Disaster Reduction and Recovery, Romania secured a US $493 million disaster risk management development policy Loan with a Catastrophe Deferred Drawdown Option.

The loan motivates stronger disaster risk management institutions while also making emergency funds immediately available for an imminent disaster threat or after a disaster strikes to ensure quick recovery without disrupting other development priorities. To further improve emergency response capacities. 

The World Bank is supporting the government with a series of investment projects (totaling US $180 million) to modernize emergency infrastructure to provide thousands of first responders with disaster resilient, energy efficient, gender- and disability friendly facilities that meet modern response requirements.

Download

Document links last validated on: 23 December 2019

Editors' recommendations

Explore further

Themes Economics of DRR Disaster risk management
Country and region Romania
Number of pages
2 p.
Publication year
2019

Please note: Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR, PreventionWeb, or its sponsors. See our terms of use

Is this page useful?

Yes No
Report an issue on this page

Thank you. If you have 2 minutes, we would benefit from additional feedback (link opens in a new window).