World Bank funds Moldova’s climate scheme

The World Bank has approved $2 million (£1.29m) worth of financing for a climate project in the Republic of Moldova. The Disaster and Climate Risk Management Project supports the ability to […]

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The World Bank has approved $2 million (£1.29m) worth of financing for a climate project in the Republic of Moldova.

The Disaster and Climate Risk Management Project supports the ability to forecast severe weather and improve the country’s overall capacity to prepare for and respond to natural disasters.

The scheme aims to strengthen weather forecasting, improve disaster preparedness and support adaptation to climate risks in agriculture.

The World Bank had previously provided $10 million (£6.44) for the project.

Alex Kremer, World Bank Country Manager for Moldova said:The regular recurrence of natural hazards and their impact on Moldova’s economy and people call for continued commitment to boosting the country’s capacity to respond to disasters and climate risks.”