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BRIEF

Reconstruction after Typhoon Haiyan

November 15, 2013
TYPHOON HAIYAN
  • ÐÓ°ÉÂÛ̳ Group is providing almost $1 billion to support Typhoon Haiyan (Yolanda) reconstruction, in response to a government request
  • A technical team from the Bank is in the Philippines to help the government assess damages and needs for a long-term reconstruction plan
  • IFC is in discussions with international banks, rural banks, and microfinance institutions to develop specific programs to help the private sector recover from the devastation

 

¡°We have been encouraged by the resilience of the Filipino people and the determination shown by President Aquino and his team as they work to recover from a disaster of unprecedented scale. ÐÓ°ÉÂÛ̳ Group is committed to supporting the government¡¯s efforts to rebuild people¡¯s lives no matter how long it takes.¡±

¡ªÐÓ°ÉÂÛ̳ Group President Jim Yong Kim

Last update: December 6, 2013

ÐÓ°ÉÂÛ̳ Group assistance

  • In addition to a to help finance overall recovery and reconstruction efforts, the Bank will support early reconstruction efforts with a US$480 million loan for a which will help typhoon affected areas build infrastructure and social services including water, schools, health facilities and  local roads and bridges.
  • A technical team from the Bank, with expertise in remote sensing, housing, engineering, community driven reconstruction and other critical areas, is in the Philippines to help the government formulate a Yolanda Recovery and Reconstruction Plan.
  • The Bank will bring lessons learned from work in reconstruction after disasters hit Aceh, Haiti, and other areas that might be helpful in the Philippines.
  • The Bank Group is working closely and coordinating with the international development community in the Philippines, and with lead government agencies and departments¡ªincluding the Department of Finance, Office of Civil Defense, Department of Social Welfare and Development, Department of Science and Technology, and the National Economic and Development Authority.

ÐÓ°ÉÂÛ̳ Group¡¯s role after a disaster

  • In the immediate aftermath of a disaster, first responders and relief agencies work with the government to manage the humanitarian crisis--helping with food, shelter, medicine and the basics. 
  • ÐÓ°ÉÂÛ̳ Group provides financial and technical assistance with medium- and long-term reconstruction. Through satellite images and experts on the ground, the Bank's disaster team conducts an assessment to help rebuild.
  • People start trying to rebuild their lives the day the disaster strikes. This is why it¡¯s critical to have policies in place to guide post-disaster reconstruction so that communities can rebuild to become better, safer, and more resilient.

" One of the most important lessons that the ÐÓ°ÉÂÛ̳ Group has learned in Aceh which was hit by the Indian Ocean tsunami in 2004 and Java by an earthquake in 2006 is that, given proper support, communities can and should take the lead in their own recovery. "
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Motoo Konishi

ÐÓ°ÉÂÛ̳ Country Director for the Philippines

ÐÓ°ÉÂÛ̳¡¯s work in disaster reconstruction includes:

  • after the 2004 Indian Ocean tsunami
  • after the 2008 Sichuan earthquake
  •  after the 2010 earthquake

ÐÓ°ÉÂÛ̳ reports related to disaster risk-management include:

 

 

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