Union Government (Ministry of Finance), Government of Kerala and World Bank has signed Loan Agreement of US $250 million for the First Resilient Kerala Program. It is aimed at enhancing resilience of Kerala against impacts of natural disasters and climate change.
The 2018 floods and landslides in Kerala led to severe impact on infrastructure, property, and lives and livelihoods of people in the state. One sixth of state’s population(about 5.4 million people) were affected due to these floods and 1.4 million people were displaced from their homes.
First Resilient Kerala Program
- It is part of Union Governmen’s support to Kerala’s ‘Rebuild Kerala Development Programme’ aimed at building a green and resilient Kerala.
- It is First ‘State Partnership’ of World Bank in India. It is also first of two Development Policy Operations aiming to mainstream disaster and climate resilience into critical infrastructure and services.
- Objective: It aims at enhancing State's resilience against impacts of natural disasters and climate change. It will focus on strengthening State's institutional and financial capacity to protect assets and livelihoods of poor and vulnerable groups through an inclusive and participatory approach.
Strategy of Program: It aims to support the State with –
- Improve river basin planning and water infrastructure operations management, water supply and sanitation services
- Improve resilience of core road network.
- Resilient and sustainable agriculture, enhanced risk insurance for agriculture.
- Risk-based urban planning and strengthening expenditure planning by urban local bodies (ULBs).
- Unifing and mainting up-to-date land records in high risk areas
- Strengthening fiscal and public financial management capacity of State Government.
Note: World Bank is already supporting Kerala Government through engagements such as Second Kerala State Transport Project, Dam Rehabilitation and Improvement Project, National Hydrology Project, National Cyclone Risk Mitigation Project Phase 2 and Kerala Local Government and Service Delivery Project.