Nicaragua

Hurricane Felix Emergency Recovery Additional Financing Project (English)

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ABSTRACT

The objective of the Hurricane Felix Emergency Recovery Additional Financing Project for Nicaragua is to support the sustainable recovery of the communities affected by Hurricane Felix in the North Atlantic Autonomous Region (RAAN). The project includes four components: (1) early recovery, (2) recovery of small-scale fisheries sector, (3) reconstruction of housing and social infrastructure, and (4) institutional strengthening for project management, monitoring and evaluation. The additional financing grant will cover cost overruns related to social community infrastructure, thus allowing the completion of the original activities for component 3, and will include funding for adequate project management and monitoring and evaluation under component 4.