Economic

World Bank grants $40 million for Moldova's disaster readiness

The Republic of Moldova is set to install and implement an electronic public warning system to address natural hazards.

This initiative will be made possible through the support of the World Bank, which is allocating 40 million dollars to Moldova for this purpose.

According to the World Bank, "This system, integrated with existing meteorological, hydrological, and geological information systems, will significantly enhance the country's preparedness for natural hazards, including floods, fires, and earthquakes."

The project will also facilitate the procurement of specialised vehicles and emergency equipment, including fire trucks and gear for search, rescue, and logistical operations.

Additionally, the project aims to strengthen Moldova's meteorological forecasting capabilities, modernise the early warning system, and ensure alignment with national standards.

Inguna Dobraja, Country Director of the World Bank Group for Moldova, stated, "Moldova is one of the most climate-vulnerable countries in Europe. On average, the country experiences a significant disaster or natural hazard event every three years since 2000."

She emphasised that enhancing the country's preparedness and response capacities for emergencies "is essential for protecting human life and preventing economic losses caused by climate change disasters."

Since 1992, the World Bank has allocated over 2.1 billion dollars to Moldova, supporting business development, modernization of government services, fiscal administration, cadastral work, education, infrastructure, health, agriculture, water, sewerage, and energy projects.

Translation by Iurie Tataru

Ecaterina Arvintii

Ecaterina Arvintii

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