The Manila-based bank said the loan will provide immediate funding for the recovery and rehabilitation action plans of the Indonesian government, targeting urgent needs such as temporary shelters, social protection and services, as well as economic recovery through cash assistance, credit schemes and skills improvement programmes. "ADB's emergency assistance loan provides timely and flexible financing to help mitigate the devastating impacts of the recent disasters," said Sona Shrestha, ADB's Director for Public Management, Financial Sector, and Trade Division for Southeast Asia. The Emergency Assistance for Recovery and Rehabilitation from Recent Disasters is part of ADB's response to two recent disasters that hit Indonesia. They included a 7-magnitude earthquake that struck Lombok, West Nusa Tenggara province, in August, and a 7.4-magnitude earthquake that struck Central Sulawesi province in September. These disasters claimed the lives of more than 2,600 people, injured some … [Read more...] about ADB approves $500 mln loan for Indonesia’s disaster recovery
Vcloud air disaster recovery
ADB approves 500 mln USD loan for Indonesia’s disaster recovery
Scene taken after a August 9 quake hit the Lombok island, Indonesia. (Illustrative photo: AP/EFE/Reuters/Getty) Hanoi (VNA) - The Asian Development Bank (ADB) said on November 20 that it has approved a 500-million-USD emergency assistance loan to support Indonesia's recovery and rehabilitation of Lombok and Central Sulawesi after recent disasters. … [Read more...] about ADB approves 500 mln USD loan for Indonesia’s disaster recovery
Build back better in post-disaster recovery and reconstruction
The workshop was organized by the Viet Nam Disaster Management Authority (VDMA) and the United Nations Development Programme (UNDP) and is part of global efforts funded by the European Union in partnership with the UNDP and the World Bank to strengthen recovery in countries highly exposed to disasters like Viet Nam.Each year, disasters such as typhoons, droughts and floods impact millions of lives, the food security and cause one to two percent of economic losses. Poor and disaster exposed rural communities are often worst impacted.Mr. Nguyen Duc Quang, Head of VDMA Disaster Response Department, said that “in recent years, the Government has invested our disaster management systems, and we have made significant progress through steps like the approval of the Law on Disaster Prevention and Control. However, the global good practice shows that recovery is important, and today’s workshop can help strengthen these systems in Viet Nam, particularly the damage and … [Read more...] about Build back better in post-disaster recovery and reconstruction
Workshop discusses ways to strengthen Vietnam’s post-disaster recovery
The Hanoitimes - Each year, disasters such as typhoons, droughts and floods impact millions of lives, the food security and cause one to two percent of economic losses. More than 120 delegates from eighteen provinces, representatives from eight ministries, UN agencies and international NGOs gathered at a workshop on October 18 in Hanoi to discuss how Vietnam can strengthen post-disaster recovery and reconstruction. The workshop was organized by the Vietnam Disaster Management Authority (VDMA) and the United Nations Development Programme (UNDP) and is part of global efforts funded by the European Union in partnership with the UNDP and the World Bank to strengthen recovery in countries highly exposed to disasters like Vietnam. The overview of the workshop Each year, disasters such as typhoons, droughts and floods impact millions of lives, the food security and cause one to two percent of economic losses. Poor and disaster exposed rural communities are often worst … [Read more...] about Workshop discusses ways to strengthen Vietnam’s post-disaster recovery
257 dead as military plane crashes in Algeria’s worst air disaster
Algeria suffered its deadliest ever air catastrophe on Wednesday (Apr 11) when a military plane crashed after takeoff, killing 257 people on board, mostly army personnel and their family members. Algerian soldiers watch the military plane after it crashed in Boufarik, near the Algerian capital, Algiers on Apr 11, 2018. (Photo source: AP/Anis Belghoul) An AFP photographer at the scene saw the charred wreckage of the plane after it caught fire in a field near the Boufarik airbase, 30 kilometres south of Algiers. Hundreds of ambulances and dozens of fire trucks with sirens wailing rushed to the scene of the crash, in an uninhabited area where one person was injured on the ground by debris. Firefighters extinguished the blaze and security forces set up a cordon to prevent journalists and onlookers from approaching. Witnesses who had been working in nearby fields told AFP that the plane had burst into flames before it hit the ground. The defence ministry said in a statement that … [Read more...] about 257 dead as military plane crashes in Algeria’s worst air disaster