Published: 10 February 2026World BankGovernance
World Bank Approves $245 Million for Himachal Pradesh Disaster Recovery and Climate Resilience
The World Bank's Board of Executive Directors approved $245 million for the Resilient Action for Development and Disaster Recovery Himachal Pradesh Project on February 11, 2026. The project will benefit 2.3 million people in rebuilding resilient infrastructure.
Himachal Pradesh faced estimated $1 billion in losses from extreme weather in the past three years, particularly during the 2023 and 2025 monsoons. CDRI will help rehabilitate over 250 bridges, roads and footbridges. In partnership with Agence Francaise de Developpement (AFD), the project will strengthen early warning systems and mobilize $100 million in private capital for disaster-risk financing and insurance.
Mains angle
Q: The World Bank approved USD 245 million for Himachal Pradesh's disaster recovery project in February 2026. Discuss the role of multilateral finance in building climate resilience in India's Himalayan states.
Answer (50 words):
The World Bank approved USD 245 million on February 11, 2026, for the Resilient Action for Development and Disaster Recovery Himachal Pradesh Project, benefiting 2.3 million people. Himachal suffered USD 1 billion losses over three years. The project will rehabilitate over 250 bridges, roads and strengthen early warning systems.
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Linked questionMedium
ADB approved ₹4,100 crore for Musi Riverfront Development in which state?
Explanation · Correct answer CADB approved ₹4,100 crore for Musi Riverfront Development Phase-I in Telangana, covering 21 km in Hyderabad.
Frequently asked questions
How much did the World Bank approve for Himachal Pradesh in February 2026?
The **World Bank's Board of Executive Directors** approved **$245 million** for the **Resilient Action for Development and Disaster Recovery Himachal Pradesh Project** on **February 11, 2026**. The project will benefit **2.3 million people** in rebuilding resilient infrastructure.
Why did Himachal Pradesh need the World Bank disaster recovery project?
Himachal Pradesh faced estimated **$1 billion in losses** from extreme weather in the past three years, particularly during the **2023 and 2025 monsoons**. The funding will help rebuild over **250 bridges, roads and footbridges** damaged by floods and landslides.
What is the CDRI's role in the Himachal Pradesh World Bank project?
**CDRI (Coalition for Disaster Resilient Infrastructure)** — co-founded by India — will help **rehabilitate over 250 bridges, roads and footbridges** in Himachal Pradesh under the World Bank-funded project, contributing to climate-resilient infrastructure.
Which international organization co-partnered with the World Bank for Himachal Pradesh?
**Agence Française de Développement (AFD)** — the French development bank — co-partnered with the **World Bank** to strengthen **early warning systems** and mobilize climate adaptation finance for the Himachal Pradesh disaster recovery project.
How many people will benefit from the World Bank's Himachal Pradesh disaster recovery project?
The World Bank's **Resilient Action for Development and Disaster Recovery Himachal Pradesh Project** will benefit **2.3 million people** through rebuilt bridges, roads, footbridges, and strengthened early warning systems against extreme weather events.
