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LOANS & CREDITS

Nicaragua Catastrophe Risk Insurance Project

May 2, 2017

WASHINGTON, May 2, 2017 - The World Bank’s Board of Executive Directors today approved the following project:

Nicaragua Catastrophe Risk Insurance Project

IDA Credit: US $12 million equivalent

Terms: Maturity = 40 years, Grace = 10 years

Project ID: P149895

Project Description: The revised project development objective is to enable the access of Nicaragua to efficient sovereign risk insurance to better respond to geophysical events such as earthquakes, volcanic eruptions, and landslides; and climate-related events, including tropical cyclones and excess rainfall.

Contact:

Cynthia Flores Mora

+505 2270 000 Ext.210

cfloresmora@worldbank.org

For more information, please visit here:

https://projects.worldbank.org/P149895?lang=en

 

Media Contacts
Cynthia Flores Mora
Tel : +505 2270 000 Ext.210
cfloresmora@worldbank.org

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