| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 30.00 |
Barbados Disaster Risk Management Cat DDO
Abstract*
The country has experienced high economic volatility and stalled development since 1994. In May 2024, the World Bank approved the GoB's request to access IBRD financing considering (i) the country’s vulnerabilities, which are exacerbated by the increasing frequency of climate-related disasters and global shocks; (ii) its lack of access to external capital markets on reasonable terms; and (iii) the need to strengthen key institutions for economic and... Show More
Development Objective
To improve the Government of Barbados' institutional, technical, and financial capacity to manage risk resulting from natural hazards, with a focus on (i) enhancing financial resilience and social protection for climate disasters, and (ii) strengthening physical planning and livelihood resilience.
Key Details
Project Details
P507916
Active
Doekle Wielinga , Anton Dobronogov
Barbados
Barbados
January 20, 2025
(as of board presentation)
April 10, 2025
N/A
US$ 0.00 million
Ministry of Finance, Economic Affairs and Investment
2025
US$ 30.00 million
N/A
Not Applicable
April 30, 2028
BANK APPROVED
April 14, 2025
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 30.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 30.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Results Framework
No data available.