Climate Adaptation Project in Moldova

June 9, 2017

WASHINGTON, June 9, 2017 - The World Bank’s Board of Executive Directors today approved the following project:

Climate Adaptation Project in Moldova

IBRD Loan: US $12.4 million

IDA Credit: US $12.8 million equivalent

Global Environment Facility (GEF) Grant: US $2 million

Terms: Maturity = 5 years, Grace = 25 years

Project ID: P155968

Project Description: The Climate Adaptation Project will help reduce the vulnerability of rural households, which represent a disproportionately high share of the poor, to the impacts of climate change, and enhance the capacity of government institutions, key stakeholders, communities and the public to manage climate change risks.

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