World Bank approves Istanbul’s efforts to tackle natural hazards

The World Bank has approved the Istanbul Resilience Project,
worth up to $650 million, which aims to increase the resilience of
Türkiye’s largest city to earthquakes, floods, and other natural
and climate threats, Azernews reports, citing
Trend.

Meanhwile, funding is provided by the International Bank for
Reconstruction and Development (IBRD).

The project aims to strengthen Istanbul’s emergency response
system by investing in buildings and equipment for services, as
well as training and educating front-line specialists. It will
ensure the resilience and preparedness of key public buildings for
emergencies, including their structural strength, uninterrupted
access to water, energy, and communications, as well as the ability
to accommodate affected and displaced residents.

Moreover, the project will finance design, supervision,
construction work, the supply of necessary materials, technical
assistance, and research needed to expand efforts to improve the
city’s resilience over the next decade.

The project will be implemented by the Istanbul Project
Coordination Unit (IPCU), which is also responsible for managing
expenditures and monitoring the implementation of all
activities.

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