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LOANS & CREDITS

Macedonia and Serbia – South East Europe and Caucasus Catastrophe Risk Insurance Facility Projects

March 3, 2011




IBRD Loan (to Macedonia): US$5 million

Terms: Maturity = 30 years; Grace = 18 years

IBRD Loan (to Serbia): US$5 million

Terms: Maturity = 30 years; Grace = 18 years

Project ID: P110910

Project Description: The objective of the South East Europe and Caucasus Catastrophe Risk Insurance Facility Project for Europe and Central Asia is to help increase access of homeowners, farmers, the enterprise sector, and government agencies to financial protection from losses caused by climate change and geological hazards.

 


Media Contacts
Jonathan Daly
Tel : (202) 473-2588
Jdaly1@worldbank.org

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