New Delhi:
The Financing and Project Agreements for World Bank assistance (IDA assistance) of $ 236 million for Tamil Nadu-Puducherry Coastal Disaster Risk Reduction Project (CDRRP) were signed between the Government of India, Tamil Nadu and Puducherry and the World Bank here on Monday.
The objective of the Project is to increase the resilience of coastal communities in Tamil Nadu and Puducherry, to a range of hydro-meteorological and geophysical hazards along with improving project implementation entities’ capacity to respond promptly and effectively to an eligible crisis or emergency.
The Project will have the following five components--- Vulnerability Reduction; Sustainable Fisheries; Capacity building in Disaster Risk Management; Implementation Support; and Contingency Emergency Response.
The Financing and Project Agreements for World Bank assistance (IDA assistance) of $ 236 million for Tamil Nadu-Puducherry Coastal Disaster Risk Reduction Project (CDRRP) were signed between the Government of India, Tamil Nadu and Puducherry and the World Bank here on Monday.
The objective of the Project is to increase the resilience of coastal communities in Tamil Nadu and Puducherry, to a range of hydro-meteorological and geophysical hazards along with improving project implementation entities’ capacity to respond promptly and effectively to an eligible crisis or emergency.
The Project will have the following five components--- Vulnerability Reduction; Sustainable Fisheries; Capacity building in Disaster Risk Management; Implementation Support; and Contingency Emergency Response.
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