The Project Development Objective (PDO) is to improve affordability of high quality sovereign catastrophe risk transfer associated with earthquakes and climate-related events for CCRIF Participating Countries. Specific Activities of this grant include WB support of CCRIF to extend technical assistance to Caribbean Overseas Countries and Territories to build capacity in disaster risk financing and make risk-based decisions on insurance products offered by CCRIF.
Priority 1Understanding disaster risk
Priority 2Strengthening disaster risk governance to manage disaster risk
Priority 3Investing in disaster risk reduction for resilience
Priority 4Enhancing disaster preparedness for effective response and to “Build Back Better” in recovery, rehabilitation and reconstruction