Suriname and the World Bank sign novel project to strengthen resilience against environmental shocks

The World Bank has approved financing for “The Suriname Preparedness and Enhancing Resilient Communities Project” aimed at strengthening resilience in the country by reducing urban flooding, enhancing disaster risk management, and supporting community-led adaptation initiatives.

The 22-million dollars project will be financed by the International Development Association (IDA), the arm of the World Bank Group which supports low-income countries and small island economies.

The project will directly benefit 50,000 residents in and around Suriname’s capital with improved flood risk management and support 35 communities in Paramaribo, Saramacca, and Wanica through community–led resilience initiatives, of which at least 50% will be women-led.