Tuvalu First Climate and Disaster Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option

About this project

The development objective of the First Climate and Disaster Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option for Tuvalu aims to support the Government of Tuvalu to: (i) promote climate and disaster resilient fiscal policy and trade facilitation, and (ii) improve the institutional and regulatory framework for climate and disaster resilient infrastructure. As such, pillar 1 supports fiscal risk reporting and subsequent provisioning in the event of natural disasters, and the roll out of climate budget tagging and its integration in Tuvalu's public financial management (PFM) system. The pillar also supports expedited clearance of critical goods trade during emergencies and natural disasters. Pillar 2 continues to support institutional policy reforms for increased resilience of the built environment and infrastructure, stronger emergency preparedness, response, and post-disaster recovery.

Published by

World Bank · Multilateral

Countries

Tuvalu

Sectors

Multi-hazard response preparednessBudget planningOther general public servicesTrade facilitationTrade policy and administrative management

Places

Funafuti

Funded by

International Development Association

Implemented by

Ministry of Finance

Accountable

Tuvalu

Passes funds through

International Development Association

Published by World Bank to the International Aid Transparency Initiative (IATI), last updated 3 Oct 2026 and imported automatically. IATI identifier: 44000-P179820.

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