"Romania is highly threatened by earthquakes, floods and landslides, these events having devastating consequences which include human casualties and property damage. Investing 1 dollar in prevention saves 7 dollars spent after a catastrophic event, for reconstruction", said Gabriel IONITA, Irrigations Specialist and project coordinator, World Bank.
The project of reducing risks regarding natural catastrophes and the preparation for emergency situations received a financing of USD 197 mil., out of which USD 143.4 mil. were given by The International Bank for Reconstruction and Development (IBRD), USD 46.6 mil. being offered by the Government and USD 7 mil. represented the contribution of GEF - The Global Environment Fund.
The participants of this year's ICAR Forum edition will have the opportunity to meet The World Bank's representatives in Bucharest, on the 15th of October.
For registration, click here!