World Bank approves US$150m grant for Yemen Emergency Human Capital Project

The World Bank’s Board of Executive Directors has approved an International Development Association (IDA) grant amounting to US$150 million as a Second Additional Financing (AF2) for the Yemen Emergency Human Capital Project (YEHCP). This crucial financing is set to continue the delivery of essential health, nutrition, and water supply, sanitation, and hygiene (WASH) services, while strengthening the country’s systems throughout the embattled nation.

Compounding the impact of the conflict, a series of catastrophic events—such as the COVID-19 pandemic, measles outbreaks, a cholera epidemic, a locust invasion, and flooding –coupled with escalating food prices, food insecurity and fragmented delivery of services have adversely affected the country’s systems to respond to basic needs.

Source: Devdiscourse