Haiti Fosters Financial Institution Risk Management Strategies to Mitigate Disaster Risks
Strengthening Capacity for Disaster Risk Reduction
The Government of Haiti has made significant strides in strengthening its technical and institutional capacity to integrate disaster risk reduction into national recovery and long-term development programs. A project aimed at improving dialogue, technical assistance, and donor coordination has yielded positive results.
Project Overview
The World Bank Disaster Risk Management team, along with UNDP-Haiti, collaborated closely with the Haitian Ministry of Interior and Local Authorities (Ministère de l’Intérieur et des Collectivités Territoriales, MICT) to implement the project from 2012 to 2015. The main objective was to mainstream disaster risk reduction into national policies, sector plans, and financial institution strategies.
Project Components
Component One: Strategic and Institutional Support
- Promoted a national policy dialogue on disaster risk management
- Revised the National Disaster Risk Plan
- Established a National Strategic Framework for integrating disaster risk reduction across sectors
Component Two: Increasing Disaster Resilience in Key Sectors
- Advocated for a disaster risk approach in select line ministries and government agencies
- Conducted regular policy dialogues with relevant counterparts to integrate disaster risk management into sector strategies and country development plans
Component Three: Knowledge Management
- Established a sectorial and thematic table for disaster risk management, facilitating dialogue among ministries, civil society, private sector, and technical and financial partners
- Created an environment for sharing knowledge, experience, and lessons learned between governmental sectors
Achievements
- Provided technical assistance to support the revision process of the national plan
- Initiated discussions with the Ministry of Planning on monitoring resilience and disaster risk reduction indicators in line ministries
- Established a favorable environment for dialogue on priority issues such as understanding risk, risk governance, and risk mitigation
Success Factors
The project’s success is attributed to its ability to foster partnerships and coordination among stakeholders. The World Bank Disaster Risk Management team and UNDP-Haiti worked closely with the Haitian Ministry of Interior and Local Authorities to implement the project.
Conclusion
The results demonstrate the importance of mainstreaming disaster risk reduction into financial institution strategies to mitigate risks and promote resilience in Haiti. By fostering partnerships and coordination among stakeholders, the project has contributed to a stronger capacity for disaster risk reduction in Haiti, ultimately promoting a more resilient nation.