Suriname has secured a US$22.2 million project with the World Bank to enhance resilience against environmental shocks. This initiative, the first funded by the IDA, aims to benefit 50,000 residents through improved flood risk management and support for women-led community initiatives. It addresses the nation’s vulnerability to flooding, particularly in the capital region, and aims to significantly reduce future disaster-related damages.
On March 2, 2025, the World Bank announced that Suriname has embarked on a new project aimed at enhancing its resilience to environmental challenges. This initiative signifies a significant step in development cooperation as the World Bank’s Board of Executive Directors has recently approved the Suriname Preparedness and Enhancing Resilient Communities Project, designed to better prepare the country for disasters.
The initiative, totaling US$22.2 million, marks the first project funded by the World Bank’s International Development Association (IDA) since Suriname became a member in October 2024. It is expected to directly benefit 50,000 residents in the capital and nearby areas through improved flood risk management and support for community-led resilience initiatives, with a focus on women’s involvement.
Given that over 87% of Suriname’s population resides along the low-lying coastal regions, the World Bank noted the nation’s vulnerability to frequent flooding from coastal and rainfall-related events. The Greater Paramaribo area, which houses 67% of the populace, is particularly at risk due to inadequate drainage systems and maintenance. Without intervention, the annual costs of flood-related damage could escalate to US$140 million by 2040.
Stanley Raghoebarsing, Suriname’s Minister of Finance and Planning, expressed that “this project is not just an investment in flood prevention; it is an investment in the future resilience of our communities.” He emphasized the importance of the partnership with the World Bank to protect the population and foster sustainable development.
The project aims to mitigate urban flooding, enhance disaster management protocols, and bolster community-led adaptation strategies. Additionally, it plans to upgrade drainage infrastructure in Greater Paramaribo and enhance emergency preparedness systems along with local resilience initiatives. Diletta Doretti, World Bank Resident Representative for Suriname, stated that “the potentially transformative effect of this project cannot be overstated.”
In conclusion, Suriname’s launch of a US$22.2 million resilience project in partnership with the World Bank is a crucial measure to tackle environmental challenges and flooding risks. The initiative prioritizes community engagement, particularly empowering women and enhancing infrastructure. By investing in resilience and disaster preparedness, Suriname aims to protect its vulnerable population and ensure sustainable development for future generations.
Original Source: www.jamaicaobserver.com
