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Climate Adaptation and Resilience for South Asia (CARE) Project is an initiative of
  • a)
    South Asian Association for Regional Cooperation (SAARC)
  • b)
    Asian Development Bank
  • c)
    World Bank
  • d)
    United Nations Environment Programme (UNEP)
Correct answer is option 'C'. Can you explain this answer?
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Climate Adaptation and Resilience for South Asia (CARE) Project is an ...
  • CARE Project was recently approved by The World Bank Board of Executive Directors approved a $39.5 million to bolster climate action in South Asia.
  • About Climate Adaptation and Resilience for South Asia (CARE) Project
    (i) The Project will build resilience to climate threats and disasters by sharing regional data and knowledge.
    (ii) It will help in developing regional standards and guidelines for infrastructure, and promoting climate resilient policies and investments.
    (iii) The project will help develop a public platform to inform climate planning and investments, and fund technology to support resilience in South Asia.
    (iv) It will fund a public domain platform known as Regional Resilience Data and Analytics Service, with information about weather hazards, climate variability, and sector-specific data to help policymakers assess climate risks.
    (v) It will also assess climate impacts in districts across Bangladesh, Nepal, and Pakistan to support agriculture, livestock, water, and transport.
    (vi) The $39.5 million CARE project includes a $36 million grant from the International Development Association and $3.5 million from the Program for Asia Resilience to Climate Change.
    (vii) CARE will work with two regional organizations, the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) and the Asian Disaster Preparedness Center (ADPC).
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Climate Adaptation and Resilience for South Asia (CARE) Project is an ...
Climate Adaptation and Resilience for South Asia (CARE) Project

The Climate Adaptation and Resilience for South Asia (CARE) Project is an initiative of the World Bank. It aims to support South Asian countries in building climate resilience and adaptation to the impacts of climate change.

Objectives

The key objectives of the CARE project are:

1. To promote climate resilience in South Asian countries by enhancing the capacity of governments, communities, and institutions to assess and manage climate risks.

2. To develop and implement climate adaptation strategies and plans in key sectors such as agriculture, water resources, and infrastructure.

3. To improve access to climate-resilient infrastructure and services, including disaster risk reduction measures, in vulnerable communities.

4. To strengthen regional cooperation and knowledge sharing on climate-resilient development practices and technologies.

Implementation

The CARE project is being implemented in six South Asian countries - Afghanistan, Bangladesh, Bhutan, India, Maldives, and Nepal. The project is being implemented through a combination of technical assistance, capacity building, and investment financing.

The project focuses on the following areas:

1. Climate risk assessment and management

2. Climate-resilient infrastructure and services

3. Climate-smart agriculture and water resources management

4. Disaster risk reduction and emergency response

5. Knowledge management and capacity building

Impact

The CARE project is expected to have a significant impact on the resilience of vulnerable communities in South Asia. By enhancing the capacity of governments and communities to manage climate risks and adapt to the impacts of climate change, the project will help to reduce the social, economic, and environmental costs of climate change in the region.

Overall, the CARE project is an important initiative that highlights the World Bank's commitment to supporting climate-resilient development in South Asia.
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