World Bank and AFD Join Efforts to Strengthen Tunisia’s Disaster Resilience Capacities

The World Bank’s board of Executive Directors approved today US$50 million in financing to support a disaster and climate resilience project in Tunisia, complemented by French Development Agency (AFD) financing equivalent to US$50 million – a total package of US$100 million. The Program aims to strengthen Tunisia’s disaster risk management and financing efforts to better protect the country’s population and safeguard assets from disasters and climate-related events. Tunisia is highly exposed to a wide range of natural hazards including floods, drought, landslides, forest fires, sand encroachment, and snowstorms. While droughts…