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Peru - Second Disaster Risk Management Development Policy Loan Project (English)

The objective of the Second Disaster Risk Management Development Policy Loan for Peru is to strengthen the institutional and legal framework to contribute toward the reduction of Peru’s fiscal and physical vulnerability to disasters. Specifically, the project will support the Government of Peru’s (GoP’s) efforts to mobilize resources in the aftermath of a disaster and strengthen disaster risk reduction and climate change adaptation measures in the country. This development objective will be achieved by supporting policy reforms under three operational pillars: (i) improving efficiency in public resource allocations for disaster risk management. Through the integration of the Disaster Risk Management (DRM) budget program in the newly established DRM policy framework, the national and subnational governments can strategically allocate resources to prevent and reduce their vulnerability to disasters; (ii) strengthening vulnerability reduction policies in infrastructure for the education and housing sectors and flood protection measures. Under this pillar, the Government consolidates and strengthen vulnerability reduction measures in the education and housing sectors, and for flood protection; and (iii) increasing the Government’s capacity for post-disaster recovery and reconstruction. Reforms in this pillar address the need to increase the State’s capacity to operate, plan and implement public investments under post-disaster reconstruction processes and guarantee the continuity of State services and operations.

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Peru - Second Disaster Risk Management Development Policy Loan Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/576661468285028292/Peru-Second-Disaster-Risk-Management-Development-Policy-Loan-Project