PeterBuckland WorldBankfinancingafterdisasters by k01nsY8

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									         World Bank
Assistance for Natural Disasters

              Peter Buckland
              The World Bank

               Rebuilding resilience:
       planning education in ‘fragile contexts’
               IIEP Summer School
              Paris, 20 – 31 July 2009
Disasters Have Been Increasing in Number
And Costs Have Been Rising
Natural Disasters are particularly costly
for low income countries …
• Maldives tsunami cost 66% of GDP
• 2004 tsunami cost Indonesia 0.1%, but Aceh 99%
  of GDP
• Since 1984 the Bank has financed $26.3bn for
  528 disaster related projects (9.4% of total)
• Almost 50% projects address floods, 20% drought
• Disaster projects are highly concentrated: almost
  40% in 10 countries;
• Physical infrastructure is highest area of Bank
  financed investments
Bank disaster-support projects are rated more
successful than other projects …
But, the same “lessons” keep being “learned”,
over and over …
Of 66 activities financed, education is
among the top 10 …
About one third of education projects in
fragile contexts are financed by grants …
• 38 Active Projects ($2,151 million)
  – IBRD           $424 million
  – IDA Loan      $1,018 million
  – Grants         $708 million


• Analysis:
  – 43% Access (Construction 25%)
  – 34% Quality (Teacher training, textbooks)
  – 23% Policy and Management
                          8
World Bank financing for education
in fragile states uses a range of instruments …
• Reallocation of existing loans
• Emergency Recovery Loans (ERLs)
   – “fast processing” (6.6 months + 4.7 months for
     “effectiveness”)
   – Not so fast delivery (avg. 4.1yrs + 1.5 yrs extension)
• Multi-Donor Trust Funds (MDTFs)
   – Mostly “recipient executed”
• Fast Track Initiative (FTI) grants
   – Bilateral financing supplemented by Catalytic Fund
• State and Peace Building Fund (ex LICUS and
  PCF)

								
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