Colombia - Disaster Vulnerability Reduction Project

Integrated Safeguards Data Sheet (Initial) Section I - Basic Information Date ISDS Prepared/Updated: 10/24/2003 A. Basic Project Data (from PDS) I.A.1. Project Statistics Country: COLOMBIA Project ID: P082429 Project: Disaster Vulnerability Reduction Task Team Leader: Tova M. Solo Authorized to Appraise Date: January 28, 2005 IBRD Amount ($m): 150.00 Bank Approval: May 27, 2005 IDA Amount ($m): Managing Unit: LCSFU Sector: General finance sector (100%) Lending Instrument: Adaptable Program Loan (APL) Theme: Natural disaster management (P) Status: Lending I.A.2. Project Objectives (From PDS): The proposed project aims to reduce Colombia's vulnerability to natural disasters, measured in terms of fiscal exposure of the state through components aiming at (i) the adoption of a policy of disaster risk management, defining the role and responsibilities of the state in relation to natural hazard events; (ii) the identification and implementation of measures to avoid the creation of new risks; and (iii) the implementation of retrofitting (strengthening), mitigation and prevention works to reduce existing vulnerability of vital physical and social infrastructure to natural hazard events; (iv) the implementation of a strategy of risk retention and risk transfer to cover public sector losses due to natural hazards; (v) the establishment of similar mechanisms to encourage risk retention and risk transfer in the private sector. I.A.3. Project Description (From PDS): Component A - Policy development and Institutional Strenghtening Sup-component A.1.