Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

LOANS & CREDITS

Indonesia: Climate Change Project

May 26, 2010



IBRD Loan: US$200 million 

Terms: Maturity = 24.5 years; Grace = 9 years

Project ID: P120313

 

Project Description: The project will support the Government's policy agenda on climate change, an issue of growing global concern. Indonesia is highly vulnerable to climate change impacts - sea level rise, changing weather patterns, and increased uncertainty. Potential impacts include: increased threats to food security and agricultural productivity; impacts on productive coastal zones and community livelihoods; consequences for water storage; intensification of water- and vector-borne diseases; and deterioration of coral ecosystems. These changes will put past development gains and poverty alleviation efforts at risk. An approach that increases adaptive ability, builds community resilience and increases preparedness for managing disasters makes economic sense for Indonesia, a kind of insurance.


Media Contacts
In Washington, DC
Elisabeth Mealey
Tel : (202) 458-4475
EMealey@worldbank.org

Api
Api