According to ADB website, the program will provide the Government of the Cook Islands rapid access to financing, contingent on a disaster affecting the country. Funds will be used to help meet short-term, post-disaster recovery needs. To establish eligibility to access the contingent financing, the government has undertaken prior policy actions that:
1. Clarify and implement policy and institutional arrangements for DRM, including the capacity for post-disaster response and recovery
2. Improve the disaster resilience of physical assets
3. Expand disaster risk financing. Post-program monitoring will ensure continued progress toward attaining overall program goals
Project Officer: Veve, Emma M.
Pacific Department, ADB
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main