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LOANS & CREDITS June 5, 2019

Cabo Verde - Disaster Risk Management Development Policy Credit and Loan with Cat DDO

IDA Credit: US $5 million equivalent

Credit Maturity: 40 years Grace: 10 years

IBRD Loan: US $5 million equivalent

Loan Maturity: 20 years Grace: 8 years

Project ID: P160628

Project Description: The project will support the Government to strengthen the institutional and legal framework to ensure risk-informed sectoral and territorial planning; and increasing the financial capacity to manage  impacts associated with disaster and climate-related shocks.