BUCHAREST, March 4, 2019 - The Municipality of Bucharest and the World Bank signed today a Reimbursable Service Agreement (RAS) – a form of technical assistance project - to support the municipality in prioritizing and implementing key local development interventions aimed at improving the quality of life for the city’s residents.
Bucharest is a key engine of growth in Romania, situated in one of the most developed economic areas of the country. It also has the highest seismic risk among European capitals, however, and is one of the 10 most vulnerable cities in the world. Like all dynamic cities, Bucharest needs to continuously adapt to new challenges.
News
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13.03.2019
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12.03.2019
Despite the volume of climate and disaster risk data available for the Balkan countries, critical gaps remain. To improve understanding of natural hazard risk in the Balkans, efforts are being made at both local and global levels to track the state of open disaster risk management (DRM) data in the region and identify critical datasets. |
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12.02.2019
Targeted action is needed to better protect the poor, the elderly and children from environmental hazards like air and noise pollution and extreme temperatures, especially in Europe’s eastern and southern regions. A European Environment Agency (EEA) report published today warns that the health of Europe’s most vulnerable citizens remains disproportionately affected by these hazards, despite overall improvements in Europe’s environmental quality. |
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15.01.2019
Losses in 2018 dominated by wildfires and tropical storms.
2018 was the fourth-costliest year since 1980 in terms of insured losses. This was due to an accumulation of severe and costly events in the second half of the year.
When compared with the record losses of the previous year from Hurricanes Harvey, Irma and Maria, the indications at the start of 2018 were that it would be a more moderate year. However, the second half of the year saw an accumulation of billion-dollar losses from floods, tropical cyclones in the US and Japan, wildfires and earthquakes. The overall economic impact was US$ 160bn, of which US$ 80bn was insured
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