Delegation of the European Union to Uzbekistan

Strengthening Financial Resilience and Accelerating Risk Reduction in Central Asia Program

09/11/2020 - 15:44
Multisector

The Program’s objective is to improve financial resilience and risk informed investment planning towards building disaster and climate resilience in Central Asia.

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Implementing organisations: The World Bank, the Global Facility for Disaster Reduction and Recovery (GFDRR)
Duration: 2019-2023
Project budget: €4,300,000
Beneficiary Countries: Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan
Keywords: Financial resilience, Risk Reduction, Central Asia
Contract number: ACA/2019/406-710
 
Program Development Objective
The Program’s objective is to improve financial resilience and risk informed investment planning towards building disaster and climate resilience in Central Asia.

Main target groups
Governments of Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan.

 
Program Partners
The Program is being implemented in collaboration with several partners, including the United Nations’ office for Disaster Risk Reduction (UNDRR)1 and the Center for Emergency Situations and Disaster Risk Reduction (CESDRR)2. The Program is also closely collaborating with stakeholders involved in disaster risk reduction and risk financing in the Central Asia region, including civil society organizations, non-governmental organizations and the private sector.
 
Program Operational Components
1. Quantifying regional disaster risks and capacity building on risk identification through identifying, assessing, mapping and modelling disaster and climate risks.
2. Establishing fundamental awareness and capacities for financial resilience at national and regional levels to selected countries of Central Asia in enhancing awareness and fundamental capacities for financial protection.
3. Exposure mapping for improved risk analysis, disaster risk management and awareness to collect new data on the exposure of assets at local levels to disaster and climate risk and to share and use this data for decision-making at national and sub-national levels for preparedness, risk reduction and risk financing.

Expected outcomes by December 31, 2023
The Broader outcome is to improve financial resilience and risk informed investment planning in Central Asia, and specifically:
  • Quantified disaster risks and enhanced capacity on risk identification in the region.
  • Established awareness and capacities for financial resilience.
  • Increased use of exposure mapping in the region.
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