The National Disaster Risk Management Fund (NDRMF) will fund Rs 349.5 million to National Disaster Management Authority (NDMA) for project of Multi Hazard Vulnerability Risk Assessment and Pakistan Red Crescent Society (PRCS) for their Project titled: "From Vulnerability to Resilience", respectively.
The said financial support will be extended to respective entities as grant financing. Grant Implementation Agreements between NDRMF and the two organizations were signed in this regards here on Wednesday, says a press release.
The NDMA will execute the project titled "Multi Hazard Vulnerability & Risk Assessment (MHVRA) intervention in eight districts of Khyber Pakhtunkhwa and seven districts of Balochistan provinces".
Under this project, the NDRMF will grant 70% (amounting to PKR 189.9 million) of total project cost (PKR 277.7 million) to NDMA while 30% (amounting to PKR 87.9 million) of the cost will be borne by NDMA through its National Disaster Management Fund (NDMF).
The MHVRA project is a part of the third priority intervention under the National Disaster Management Plan (NDMP) 2012-2020 and is aligned with many national & international commitments so as to meet the priority needs defined in the Sendai Framework for Disaster Risk Reduction (SFDRR) 2015-2030. The implementation period is twenty (20) months.
The project will span over a period of twenty months and will be executed by the Project Management Unit (PMU) of NDMA, which holds vast experience in carrying out risk assessment related studies across various districts of Pakistan.
The project will help to strengthen the disaster risk resilience of the study districts by reducing their vulnerabilities to impending natural hazards. The NDRMF was established to close the resource gap not only in the aftermath of disasters but also make investments in projects meant to mitigate the risk of disasters.
The project also focuses on soft interventions namely, Community Based Disaster Risk Management (CBDRM), School Based Disaster Risk Management (SBDRM) and Community Emergency Response Trainings (CERT).
The project will be covering one hundred sixty (160) Revenue Villages of sixteen (16) Union Councils in four (04) districts of AJK namely, Bagh, Hattian, Neelum and Sadhnoti. The implementation period is eighteen (18) months. The total cost of the project is PKR 228.193 million amongst which NDRMF will finance 70% up to PKR 159.577 million whereas PRCS 30% contribution shall be PKR 68.616 million. The proposed interventions are in line with National Disaster Management Plan (NDMP) and National Flood Protection Plan (NFPP).-PR
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