EIB Post-Disaster and Climate Change Resilience Framework Loan in Dominican Republic

Reconstruction Relief & Rehabilitation
COUNTRIES
Dominican Republic
DATES
Dec/2018 - Dec/2024 ONGOING
PROJECTED TOTAL INVESTMENT SIZE
€ 59 744 000
EU CONTRIBUTION
€ 17 444 000
SECTOR
Reconstruction Relief & Rehabilitation
TYPES OF SUPPORT
Investment Grants
Technical Assistance
DESCRIPTION

The objective of this project is to support the reconstruction of infrastructures damaged by hurricane Matthew in October 2016 and flash floods in November 2017. The project focuses on the four provinces identified by the Dominican Republic Government as the most affected by these catastrophic events, namely Monte Cristi, Puerto Plata, Espaillat and Duarte. The project involves the restoration or new construction of social and basic infrastructures, such as roads, bridges, hydraulics, housing and urban infrastructure. The interventions are prioritized according to their social impact and contributions to restore livelihoods, reduce vulnerability and enhance resilience to climate change-related disasters. 

The EIB-managed project focuses on climate change resilience and includes a substantial element of risk prevention for future natural disasters (floods, tropical storms, earthquakes), with a particular emphasis on climate risks, including areas of preventive hydraulics, environment, resilient infrastructure and application of anti-seismic standards during the reconstruction process.  The Sub-Projects are primarily focused on housing for at-risk or vulnerable parts of the population, urban infrastructure, hydraulics, access to roads and bridges and support to the development of sustainable livelihoods.  Initiatives with a strong social impact in terms of poverty reduction and climate resilience are a priority.

RESULTS
  • Restoration of decent climate-resilient housing, basic public services and means of livelihood.

  • Increased overall productivity of the four provinces’ economies in the medium term.

  • 1,321,000 Dominicans benefited with the reconstruction of roads, bridges and hydraulic sections.

LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS