MANILA, PHILIPPINES -- The Board of Directors at the Asian Development Bank (ADB) has approved a $20 million grant package announced in the immediate aftermath of Typhoon Yolanda and provided by the Japan Fund for Poverty Reduction (JFPR). The grant will support early recovery in 74 poor rural municipalities affected by the typhoon. "This grant will help hard-hit communities prepare for large-scale reconstruction, ensuring not only immediate help, but greater resilience to future disasters. It will help establish systematic approaches, including those focused on building back better," said Kazuhiko Koguchi , Executive Director representing Japan on ADB's Board of Directors. The grant will help develop or update land use planning and reconstruction plans, as well as develop the capacity of local authorities to manage reconstruction and long-term resilience. "A key priority is restoring crucial infrastructure, such as water supply, solid waste collection, fuel supply, and power supply. The grant package will be disbursed in small grants and used to repair schools, build community skills in masonry, establish mobile clinics to reach hard-to-serve villages, and set up a system to monitor vulnerability to future disasters," said Claudia Buentjen , Principal Operations Specialist in ADB's Southeast Asia Department . Funds will promote cash-for-work and also target restoring livelihoods for farmers and the fishing community, with emphasis on income generating activities such as the provision of seeds, fertilizers, fishing nets, and fishing boats. Beneficiaries will be selected in collaboration with local government officials. A $3 million grant from ADB's Asia-Pacific Disaster Response Fund has already been disbursed. The $20 million JFPR grant, together with a $500 million emergency loan approved earlier this month, will support the government's efforts in the immediate recovery phase. ADB's Board also approved today a $372.1 million emergency assistance loan for a community-driven development project in the Yolanda-affected areas. (( M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.com on the world wide web. Inquiries to firstname.lastname@example.org )).
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