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LOANS & CREDITS January 21, 2020

Grenada - Disaster Risk Management Development Policy Credit with a Catastrophe Deferred Drawdown Option

WASHINGTON, January 21, 2020 - The World Bank’s Board of Executive Directors today approved the following project:

Disaster Risk Management Development Policy Credit with a Catastrophe Deferred Drawdown Option for Grenada.

IDA credit: US$20 million

Terms: Maturity = 40 Years Grace = 10 Years

Project ID: P171465

Project Description:

The project’s objective is to support the efforts of the Government of Grenada in mobilizing resources in the aftermath of a disaster triggered by natural hazards, including public-health related events; and support the country’s reform program to build comprehensive resilience to disaster and climate risks.


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