The World Bank has approved the Suriname Preparedness and Enhancing Resilient Communities Project, a $22.2 million initiative aimed at enhancing disaster resilience. The project will benefit 50,000 residents by improving flood risk management and supporting community-led resilience initiatives, with a focus on women’s leadership. Given Suriname’s vulnerability to flooding, this initiative is crucial for sustainable development and disaster risk management.
On February 28, 2025, Suriname and the World Bank announced the approval of the Suriname Preparedness and Enhancing Resilient Communities Project. This landmark initiative, funded by the World Bank’s International Development Association (IDA), represents a substantial investment of $22.2 million aimed at bolstering Suriname’s disaster resilience. It is the first project under IDA funding, following Suriname’s membership in October 2024.
The project will benefit approximately 50,000 residents in and around Paramaribo through enhanced flood risk management and community-led resilience initiatives in 35 communities, with a commitment to ensure that at least half are women-led. Given that over 87 percent of Suriname’s population is situated in low-lying areas, which are prone to flooding, improving infrastructure and management is critical.
Flooding poses considerable economic risks to Suriname, particularly in Greater Paramaribo, where the population exceeds 67 percent. Insufficient drainage systems and inadequate maintenance contribute significantly to vulnerability. Without timely intervention, it is projected that annual flood-related damages could escalate to $140 million by 2040, thus emphasizing the urgency of this project.
“This is a significant milestone for Suriname,” remarked Stanley Raghoebarsing, Minister of Finance and Planning. “This project is not just an investment in flood prevention; it is an investment in the future resilience of our communities.” This initiative exemplifies the strategic measures the Surinamese government is implementing to protect its citizens and support sustainable development.
The project will enhance urban flooding resilience, improve disaster risk management, and back community-driven adaptation projects, including upgrades to drainage systems and emergency preparedness. ”The potentially transformative effect of this project cannot be overstated,” commented Diletta Doretti, World Bank Resident Representative for Suriname, highlighting its extensive benefits for local communities, especially in terms of access to affordable financing.
The IDA, known for its support to low-income nations, provides grants and low-interest loans to help enhance community safety and prosperity. Furthermore, development partners, such as the Canada Caribbean Resilience Facility and the European Commission, have collaborated in creating this project to mitigate disaster risks effectively.
In conclusion, the Suriname Preparedness and Enhancing Resilient Communities Project is a significant step towards enhancing disaster resilience in Suriname, particularly in flood-prone areas. With a focus on community-led initiatives and infrastructure improvements, the project aims to benefit thousands of residents and mitigate flooding risks effectively. Such partnerships highlight the importance of collaborative efforts in addressing environmental challenges.
Original Source: www.miragenews.com
