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
For more information, please visit here:
https://projects.worldbank.org/P149895?lang=en
