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India: World Bank Approves $236 Million for reducing disaster risks for coastal villages in Tamil Nadu and Puducherry

Over 17,000 families to benefit from construction of hazard-resilient houses

WASHINGTON, June 20, 2013 – The World Bank today approved a $236 million credit aimed at increasing the resilience of coastal communities to a range of hazards by enhancing mitigation measures along coastal Tamil Nadu and Puducherry in India.

The Tamil Nadu and Puducherry Coastal Disaster Risk Reduction Project will address the multiple challenges that these communities face as a result of their exposure to natural hazards with a focus on risk reduction and mitigation.

The coastal areas of Tamil Nadu and Puducherry are densely populated and are endowed with significant natural resources. However, the coastal population and its economic assets are prone to multiple hazards including high frequency and high intensity cyclones, threat of rising sea levels……….Read more: http://www.worldbank.org/en/news/press-release/2013/06/20/india-world-bank-approves-236-million-for-reducing-disaster-risks-for-coastal-villages-tamil-nadu-and-puducherry

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