Lao PDR Southeast Asia Disaster Risk Management Project II

pipeline

The proposed project takes an integrated approach to disaster risk management, supporting activities across the four thematic areas of flood risk management (including nature-based solutions), early warning systems, disaster risk financing and insurance, and mainstreaming disaster risk management (DRM) in economic planning. Component 1 will finance flood protection infrastructure investments in three provinces and feasibility studies for informing future flood risk management in additional two provinces. Component 2 will finance improvements in delivery of weather, climate, and hydrological services and pilot solutions for last-mile early warning dissemination. Component 3 will strengthen financial resilience to natural disasters by financing insurance premium to facilitate continued access to sovereign risk insurance and related technical assistance activities. Component 4 will include overall project management and coordination and technical support activities for mainstreaming of DRM in planning and investment.