City
Epaper

World Bank approves $ 125 mn support program to Kerala

By IANS | Updated: June 25, 2021 14:05 IST

Thiruvananthapuram, June 25 The World Bank Board of Executive Directors approved a $125 million program to support Kerala's ...

Open in App

Thiruvananthapuram, June 25 The World Bank Board of Executive Directors approved a $125 million program to support Kerala's preparedness against natural disasters, climate change impacts, disease outbreaks and pandemics.

The heavy monsoons of 2018 were the worst Kerala had seen in nearly a century, triggering devastating floods and landslides which impacted more than five million people, mainly in the Pamba River Basin.

In a statement issued by the World Bank on Friday, the Resilient Kerala Program will focus on two key areas which includes incorporating disaster risk planning in the master plans of urban and local self-governments to ease financial constraints on the state government when faced with unexpected shocks.

Secondly it will help make the health, water resources management, agriculture, and road sectors more resilient to calamities.

The program is part of a programmatic series of Bank financed operations in the state.

The First Resilient Kerala Development Policy Operation (DPO) approved in June 2019 undertook several initiatives.

It helped the state draft a River Basin Conservation and Management Act, which will conserve and regulate water resources and ensure their sustainable management, allocation, and utilization.

It also introduced climate-resilient agriculture, risk-informed land use, and disaster management planning.

The program laid the foundations for a five year State Partnership Framework.

Junaid Ahmad, World Bank Country Director in India said in today's context of increased economic, climatic, and health shocks, building resilience of economies is a policy imperative.

"The Bank is therefore investing in Kerala's capabilities to respond to shocks to the state economy and, importantly, prevent as much as possible the loss of lives, assets, and livelihoods.

"The objective is not to finance schemes but partner with the Government of Kerala to improve the state's financial health; invest in sectors like health, water resources, social protection and agriculture; and address the drivers of natural disasters, climate change, and pandemic risks," said Ahmad.

The program will be state-wide and in the Pamba River Basin, Kerala will test a multisectoral approach in Idukki, Kottayam, Pathanamthitta, and Alappuzha districts.

This area is a microcosm of the state, with tropical monsoon forests, dense urban settlements, and the rice bowl of Kerala in its lowlands. Its success will have a demonstration impact across the state.

Among the other areas which will be covered include sustainable fiscal and debt management, disaster risk finance and social protection, disaster and climate-resilient urban development, resilient public health systems, integrated and sustainable water resources management,sustainable and resilient food systems and climate-resilient road infrastructure.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: President of the World Bank GroupThiruvananthapuramIdukkiWorld BankJunaid AhmadJunaid kamal ahmadThe world bank groupLok sabha parliamentary
Open in App

Related Stories

NationalKerala Shocker: 24-Year-Old Intelligence Bureau Officer Found Dead on Tracks Pettah Railway Station ; Suicide Suspected

NationalKerala Mass Murder: 23-year Old Man Kills 5 Family Members Including Minor Brother and Grandmother in Venjaramoodu

NationalThiruvananthapuram: Missing 2-Year-Old Girl Found Dead in Well in Balaramapuram

NationalKerala: Thiruvananthapuram City Police Commissioner Collapses During Governor's Speech on Republic Day 2025; Video Surfaces

NationalKV Joseph Passes Away: Former Idukki District Police Chief Dies During Morning Walk In Kerala

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support