Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries

The Pacific Island Countries (PICs) are highly vulnerable to natural and climate-induced hazards and this vulnerability is likely to increase over the coming decades. Climate change and natural hazards will have repercussions on coastal developmen...

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Main Author:	World Bank
Format:	Other Financial Sector Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ADAPTABLE PROGRAM LOANS ADMINISTRATIVE COSTS AID COORDINATION ANNEXES APL APPROVAL PROCEDURES APPROVAL PROCESS ASSISTANCE PROGRAM AUDITORS AUDITS BANK LENDING BANKS BILATERAL DONORS BORROWER BUSINESS PLAN CAPACITY BUILDING CAS CLEARINGHOUSE COMPLEMENTARITIES COUNTRY ASSISTANCE COUNTRY ASSISTANCE STRATEGY CREDIT RISK DEBT DEBT OBLIGATION DEBT OBLIGATIONS DEBT SERVICE DEVELOPMENT ASSISTANCE DEVELOPMENT POLICIES DISASTER RECOVERY DIVERSIFICATION DONOR RESOURCES DONOR SUPPORT E- GOVERNMENT E-GOVERNMENT ECONOMIC ACTIVITIES ECONOMICS ECONOMIES OF SCALE EDUCATION DEVELOPMENT ELIGIBILITY CRITERIA EMERGENCY SITUATION EMPLOYMENT EMPLOYMENT OPPORTUNITIES EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTERNALITIES FINANCIAL INTERMEDIARY FINANCIAL MANAGEMENT FINANCIAL RESOURCES HUMAN CAPITAL ICT INITIAL DEPOSIT INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INTERNATIONAL RESERVES INTEROPERABILITY INVESTMENT LOANS KEY PERFORMANCE INDICATORS KNOW-HOW KNOWLEDGE MANAGEMENT KNOWLEDGE SHARING LENDER LENDER OF LAST RESORT LOAN LOAN APPLICATION LOAN APPLICATION PROCEDURES LOCAL FINANCIAL INSTITUTIONS LOCAL GOVERNMENTS MIGRATION MISSIONS MUNICIPAL DEVELOPMENT NATURAL RESOURCES NETWORKS OPERATING COSTS PICS POSITIVE EXTERNALITIES REAL SECTOR REGIONAL ECONOMIC INTEGRATION REGIONAL INITIATIVES RISK MANAGEMENT SAVINGS TASK TEAMS TECHNICAL ASSISTANCE TRADE FACILITATION TRANSACTION COSTS TRANSPORT TRUST FUNDS WATER SUPPLY
Online Access:	http://documents.worldbank.org/curated/en/2009/06/16440640/horizontal-adaptable-program-lending-apl-assessing-suitability-risk-management-natural-cimate-induced-hazards-pacific-island-countries-br http://hdl.handle.net/10986/12751

id	okr-10986-12751
recordtype	oai_dc
spelling	okr-10986-127512021-04-23T14:03:04Z Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries World Bank ACCOUNTABILITY ADAPTABLE PROGRAM LOANS ADMINISTRATIVE COSTS AID COORDINATION ANNEXES APL APPROVAL PROCEDURES APPROVAL PROCESS ASSISTANCE PROGRAM AUDITORS AUDITS BANK LENDING BANKS BILATERAL DONORS BORROWER BUSINESS PLAN CAPACITY BUILDING CAS CLEARINGHOUSE COMPLEMENTARITIES COUNTRY ASSISTANCE COUNTRY ASSISTANCE STRATEGY CREDIT RISK DEBT DEBT OBLIGATION DEBT OBLIGATIONS DEBT SERVICE DEVELOPMENT ASSISTANCE DEVELOPMENT POLICIES DISASTER RECOVERY DIVERSIFICATION DONOR RESOURCES DONOR SUPPORT E- GOVERNMENT E-GOVERNMENT ECONOMIC ACTIVITIES ECONOMICS ECONOMIES OF SCALE EDUCATION DEVELOPMENT ELIGIBILITY CRITERIA EMERGENCY SITUATION EMPLOYMENT EMPLOYMENT OPPORTUNITIES EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTERNALITIES FINANCIAL INTERMEDIARY FINANCIAL MANAGEMENT FINANCIAL RESOURCES HUMAN CAPITAL ICT INITIAL DEPOSIT INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INTERNATIONAL RESERVES INTEROPERABILITY INVESTMENT LOANS KEY PERFORMANCE INDICATORS KNOW-HOW KNOWLEDGE MANAGEMENT KNOWLEDGE SHARING LENDER LENDER OF LAST RESORT LOAN LOAN APPLICATION LOAN APPLICATION PROCEDURES LOCAL FINANCIAL INSTITUTIONS LOCAL GOVERNMENTS MIGRATION MISSIONS MUNICIPAL DEVELOPMENT NATURAL RESOURCES NETWORKS OPERATING COSTS PICS POSITIVE EXTERNALITIES REAL SECTOR REGIONAL ECONOMIC INTEGRATION REGIONAL INITIATIVES RISK MANAGEMENT SAVINGS TASK TEAMS TECHNICAL ASSISTANCE TRADE FACILITATION TRANSACTION COSTS TRANSPORT TRUST FUNDS WATER SUPPLY The Pacific Island Countries (PICs) are highly vulnerable to natural and climate-induced hazards and this vulnerability is likely to increase over the coming decades. Climate change and natural hazards will have repercussions on coastal development, water supply, energy, agriculture, and health, among other sectors. Therefore, risk management of natural and climate-induced hazards (RMNCH), including climate adaptation, are core development issues for the PICs and the economic, social and environmental benefits of RMnCH investments are likely to far outweigh their costs. The World Bank is currently considering scaling up its engagement in RMNCH activities in the PICs. Specifically, the intention is to develop a business plan to address priority RMCH issues, including both technical assistance and investment activities. However, given the large number, diversity, specific needs, relatively small size, and isolation of the PICs, providing assistance using traditional lending instruments could be a costly, administratively difficult and time-consuming exercise. Likewise, several donors have expressed interest in working on this challenge, which, given the generalized weakness in the PICs' institutional capacity, can generate an undue burden in the absence of coordinated action. Consequently, it is of utmost importance to find ways of reducing administrative and related overheads (even if the World Bank were the only donor) while still maintaining the goal of maximizing assistance, maintaining consistency, transparency, and efficiency and harmonizing initiatives of the PICs to address their RMNCH needs. 2013-03-14T21:42:22Z 2013-03-14T21:42:22Z 2009-06 http://documents.worldbank.org/curated/en/2009/06/16440640/horizontal-adaptable-program-lending-apl-assessing-suitability-risk-management-natural-cimate-induced-hazards-pacific-island-countries-br http://hdl.handle.net/10986/12751 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work East Asia and Pacific Oceania
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTABILITY ADAPTABLE PROGRAM LOANS ADMINISTRATIVE COSTS AID COORDINATION ANNEXES APL APPROVAL PROCEDURES APPROVAL PROCESS ASSISTANCE PROGRAM AUDITORS AUDITS BANK LENDING BANKS BILATERAL DONORS BORROWER BUSINESS PLAN CAPACITY BUILDING CAS CLEARINGHOUSE COMPLEMENTARITIES COUNTRY ASSISTANCE COUNTRY ASSISTANCE STRATEGY CREDIT RISK DEBT DEBT OBLIGATION DEBT OBLIGATIONS DEBT SERVICE DEVELOPMENT ASSISTANCE DEVELOPMENT POLICIES DISASTER RECOVERY DIVERSIFICATION DONOR RESOURCES DONOR SUPPORT E- GOVERNMENT E-GOVERNMENT ECONOMIC ACTIVITIES ECONOMICS ECONOMIES OF SCALE EDUCATION DEVELOPMENT ELIGIBILITY CRITERIA EMERGENCY SITUATION EMPLOYMENT EMPLOYMENT OPPORTUNITIES EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTERNALITIES FINANCIAL INTERMEDIARY FINANCIAL MANAGEMENT FINANCIAL RESOURCES HUMAN CAPITAL ICT INITIAL DEPOSIT INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INTERNATIONAL RESERVES INTEROPERABILITY INVESTMENT LOANS KEY PERFORMANCE INDICATORS KNOW-HOW KNOWLEDGE MANAGEMENT KNOWLEDGE SHARING LENDER LENDER OF LAST RESORT LOAN LOAN APPLICATION LOAN APPLICATION PROCEDURES LOCAL FINANCIAL INSTITUTIONS LOCAL GOVERNMENTS MIGRATION MISSIONS MUNICIPAL DEVELOPMENT NATURAL RESOURCES NETWORKS OPERATING COSTS PICS POSITIVE EXTERNALITIES REAL SECTOR REGIONAL ECONOMIC INTEGRATION REGIONAL INITIATIVES RISK MANAGEMENT SAVINGS TASK TEAMS TECHNICAL ASSISTANCE TRADE FACILITATION TRANSACTION COSTS TRANSPORT TRUST FUNDS WATER SUPPLY
spellingShingle	ACCOUNTABILITY ADAPTABLE PROGRAM LOANS ADMINISTRATIVE COSTS AID COORDINATION ANNEXES APL APPROVAL PROCEDURES APPROVAL PROCESS ASSISTANCE PROGRAM AUDITORS AUDITS BANK LENDING BANKS BILATERAL DONORS BORROWER BUSINESS PLAN CAPACITY BUILDING CAS CLEARINGHOUSE COMPLEMENTARITIES COUNTRY ASSISTANCE COUNTRY ASSISTANCE STRATEGY CREDIT RISK DEBT DEBT OBLIGATION DEBT OBLIGATIONS DEBT SERVICE DEVELOPMENT ASSISTANCE DEVELOPMENT POLICIES DISASTER RECOVERY DIVERSIFICATION DONOR RESOURCES DONOR SUPPORT E- GOVERNMENT E-GOVERNMENT ECONOMIC ACTIVITIES ECONOMICS ECONOMIES OF SCALE EDUCATION DEVELOPMENT ELIGIBILITY CRITERIA EMERGENCY SITUATION EMPLOYMENT EMPLOYMENT OPPORTUNITIES EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTERNALITIES FINANCIAL INTERMEDIARY FINANCIAL MANAGEMENT FINANCIAL RESOURCES HUMAN CAPITAL ICT INITIAL DEPOSIT INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INTERNATIONAL RESERVES INTEROPERABILITY INVESTMENT LOANS KEY PERFORMANCE INDICATORS KNOW-HOW KNOWLEDGE MANAGEMENT KNOWLEDGE SHARING LENDER LENDER OF LAST RESORT LOAN LOAN APPLICATION LOAN APPLICATION PROCEDURES LOCAL FINANCIAL INSTITUTIONS LOCAL GOVERNMENTS MIGRATION MISSIONS MUNICIPAL DEVELOPMENT NATURAL RESOURCES NETWORKS OPERATING COSTS PICS POSITIVE EXTERNALITIES REAL SECTOR REGIONAL ECONOMIC INTEGRATION REGIONAL INITIATIVES RISK MANAGEMENT SAVINGS TASK TEAMS TECHNICAL ASSISTANCE TRADE FACILITATION TRANSACTION COSTS TRANSPORT TRUST FUNDS WATER SUPPLY World Bank Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries
geographic_facet	East Asia and Pacific Oceania
description	The Pacific Island Countries (PICs) are highly vulnerable to natural and climate-induced hazards and this vulnerability is likely to increase over the coming decades. Climate change and natural hazards will have repercussions on coastal development, water supply, energy, agriculture, and health, among other sectors. Therefore, risk management of natural and climate-induced hazards (RMNCH), including climate adaptation, are core development issues for the PICs and the economic, social and environmental benefits of RMnCH investments are likely to far outweigh their costs. The World Bank is currently considering scaling up its engagement in RMNCH activities in the PICs. Specifically, the intention is to develop a business plan to address priority RMCH issues, including both technical assistance and investment activities. However, given the large number, diversity, specific needs, relatively small size, and isolation of the PICs, providing assistance using traditional lending instruments could be a costly, administratively difficult and time-consuming exercise. Likewise, several donors have expressed interest in working on this challenge, which, given the generalized weakness in the PICs' institutional capacity, can generate an undue burden in the absence of coordinated action. Consequently, it is of utmost importance to find ways of reducing administrative and related overheads (even if the World Bank were the only donor) while still maintaining the goal of maximizing assistance, maintaining consistency, transparency, and efficiency and harmonizing initiatives of the PICs to address their RMNCH needs.
format	Economic & Sector Work :: Other Financial Sector Study
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries
title_short	Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries
title_full	Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries
title_fullStr	Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries
title_full_unstemmed	Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries
title_sort	horizontal adaptable program lending : assessing suitability for risk management of natural and climate-induced hazards in pacific island countries
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2009/06/16440640/horizontal-adaptable-program-lending-apl-assessing-suitability-risk-management-natural-cimate-induced-hazards-pacific-island-countries-br http://hdl.handle.net/10986/12751
_version_	1764421501231038464

Horizontal Adaptable Program Lending : Assessing Suitability for Risk Management of Natural and Climate-induced Hazards in Pacific Island Countries

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