Tunisia - Integrated Disaster Resilience Program : Additional Financing

Overview & Synopsis

The development objectives of Integrated Disaster Resilience Program for Tunisia is to strengthen Tunisia's disaster risk management and financing, and to enhance the protection of the targeted population and assets from disaster and climate-related events. This paper seeks the approval to provide an additional loan of US$50 million equivalent to the GoT for the project. The AF also includes a Level 2 restructuring of the Parent Program, and as part of the restructuring, nine Disbursement Linked Results (DLRs) will be revised, addressing disbursement delays and maximizing impact, as well as a 48-month extension to allow for the completion of both additional and delayed activities. The GoT and the World Bank agreed to capitalize on the Program's demonstrated progress in strengthening DRM and protecting vulnerable populations from climate related hazards (Results Area I), and update seven DLRs to (i) reflect changes in the national context (for Results Area IV), and (ii) address persistent implementation and procurement challenges pertaining to complex design and insufficient coordination (for Results Area II), with the AF aligned to Tunisia's government DRM priorities and World Bank's Country Partnership Framework (CPF) 2023-2027, and including a restructuring of the parent operation consisting of i) an extension of the closing date and ii) the revision of DLRs under the DLIs 2, 3, 4, 5, 6 and 7.