Microfinance provides post-disaster relief and support quickly, reduces the cost of recovery financing, reduces aid dependency, and builds long-term resilience.
Blog posts on "Post Disaster Needs Assessment"
The ADB-supported Skills Development Project in Nepal is conducting training courses for masons to learn how to build houses to make them more resilient to future natural hazards like the 2015 earthquake.
Four months after the deadly earthquake in Nepal, the country is struggling to rebuild cultural and historical sites like the Basantapur Durbar Square in Kathmandu to bring back badly needed tourism revenues.
The total pledged amount exceeds the public sector recovery needs in the medium term, but a much higher sum will be required the long term to build back better with earthquake-resilient public infrastructure.
Two months after the catastrophic 7.8 magnitude earthquake that struck Nepal on 25 April, the government and development partners including ADB are now publishing the definitive report on the tremor’s impact.
Immediately after the devastating 25 April earthquake in Nepal, ADB made an initial assessment of how the catastrophe would affect the country’s economic growth. Here’s an update on the background, needs, and priorities following last week’s strong aftershock.