12 March 2020, Havana/Rome - The Board of the Green Climate Fund today approved a $119 million disbursement for a FAO co-designed project to boost the resilience to climate change of vulnerable rural communities in Cuba.
13 November, Songdo, Republic of Korea - The Board of the Green Climate Fund (GCF) today approved $161 million in funding to support climate resilient projects in Chile, Kyrgyzstan and Nepal benefitting 1.5 million people.
To that end, Bhutan embarked on the $1.29 million Improving Resilience to Seismic Risk project funded by the Japan Policy and Human Resources Development (PHRD) Technical Assistance Program to Support Disaster Reduction and Recovery.
They could design disaster-resilience strategies with support from international financial institutions (IFIs), multilateral development banks, donors, and climate funds, increase efforts to restore fiscal sustainability to create room for resilience-building, while incorporating upfront costs and long-term benefits of resilience investments in macro-fiscal frameworks.
Building better before the next disaster: How retrofitting homes can save lives and strengthen economies Governments at times do not have the knowledge they need to take advantage of the retrofitting option; nor are there policies and incentives in place to start making homes safer at scale.