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World Bank Assistance for Natural Disasters

World Bank Assistance for Natural Disasters. Peter Buckland The World Bank. Rebuilding resilience: planning education in ‘fragile contexts’ IIEP Summer School Paris, 20 – 31 July 2009. Disasters Have Been Increasing in Number. And Costs Have Been Rising.

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World Bank Assistance for Natural Disasters

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  1. World Bank Assistance for Natural Disasters Peter Buckland The World Bank Rebuilding resilience: planning education in ‘fragile contexts’ IIEP Summer School Paris, 20 – 31 July 2009

  2. Disasters Have Been Increasing in Number

  3. And Costs Have Been Rising

  4. Natural Disasters are particularly costly for low income countries … • Maldives tsunami cost 66% of GDP • 2004 tsunami cost Indonesia 0.1%, but Aceh 99% of GDP • Since 1984 the Bank has financed $26.3bn for 528 disaster related projects (9.4% of total) • Almost 50% projects address floods, 20% drought • Disaster projects are highly concentrated: almost 40% in 10 countries; • Physical infrastructure is highest area of Bank financed investments

  5. Bank disaster-support projects are rated more successful than other projects …

  6. But, the same “lessons” keep being “learned”, over and over …

  7. Of 66 activities financed, education is among the top 10 …

  8. About one third of education projects in fragile contexts are financed by grants … • 38 Active Projects ($2,151 million) • IBRD $424 million • IDA Loan $1,018 million • Grants $708 million • Analysis: • 43% Access (Construction 25%) • 34% Quality (Teacher training, textbooks) • 23% Policy and Management

  9. World Bank financing for education in fragile states uses a range of instruments … • Reallocation of existing loans • Emergency Recovery Loans (ERLs) • “fast processing” (6.6 months + 4.7 months for “effectiveness”) • Not so fast delivery (avg. 4.1yrs + 1.5 yrs extension) • Multi-Donor Trust Funds (MDTFs) • Mostly “recipient executed” • Fast Track Initiative (FTI) grants • Bilateral financing supplemented by Catalytic Fund • State and Peace Building Fund (ex LICUS and PCF)

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