The International Development Association (IDA) of the World Bank, has approved a grant of $97.5 Million for Afghanistan’s early warning and response systems. Through this project the world bank will provide regular financial assistance to households in order to improve economic resilience in times of drought. The aim of the fund is to increase food and nutrition security. According to the country director, Afghanistan stands to be one of the most vulnerable countries to climate change, and poor preparedness and response mechanisms leave it even more vulnerable.
This grant has been approved to provide assistance complementary to the already ongoing humanitarian assistance, and will further support the Drought Early Warning, Early Finance, and Early Action Project, and critical weather, water and climate information services while improving disaster preparedness within communities.
Grant details
$115 million will be given in the form of complement grants, from the Afghanistan Reconstruction Trust Fund, by 34 donors. Additionally, $8 million will be financed by the Global Risk Financing Facility and $2 million for the program doe Asia Resilience to Climate Change. The grant aims to address issues of poverty and economic woes that the people of Afghanistan have because of droughts, and the resultant displacement and disparity.
