Morocco:World Bank grants loan to boost disaster risk management

By MEIR team | 16 Dec 2019

The World Bank last week approved a $275m Disaster Risk Management Development Policy Loan for Morocco that contains a Deferred Drawdown Option for Catastrophe Risks (Cat DDO) designed to both help the country strengthen its capacity to manage the financial impact of natural disasters and climate-related shocks, and to upgrade its institutional framework for disaster risk management.

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