Partnering with Communities for Post-Disaster Reconstruction in Aceh and Nias Island, North Sumatra, Indonesia
Smidt, Pieter; Beresford, Richard | October 2009
Abstract
The powerful earthquake off the coast of North Sumatra, Indonesia in December 2004 and the consequent tsunami caused widespread loss of lives and destruction in Aceh and to a lesser extent, on Nias island. Another destructive earthquake struck Nias in March 2005. The Government of Indonesia and the international community provided $6.8 billion to support reconstruction. Most of the reconstruction was completed by late 2008. The Asian Development Bank was a major partner—contributing, among other grants, a $291 million grant from the Asian Tsunami Fund for the Earthquake and Tsunami Emergency Support Project. Community participation was an essential element of the project’s approach to housing, agriculture, fisheries, irrigation, education, and rural water supply
Citation
Smidt, Pieter; Beresford, Richard. 2009. Partnering with Communities for Post-Disaster Reconstruction in Aceh and Nias Island, North Sumatra, Indonesia. © Asian Development Bank. http://hdl.handle.net/11540/2790. License: CC BY 3.0 IGO.Keywords
Asian Development Bank
Development
Regional Economic Integration
Financial Sector Policies
Financial Risk Management
Bond Financing
Economic integration
Development Bank
Capital Market
Regional Plans
Regional Development Bank
Development finance
Development Banks
Local government bonds
Bonds
Catastrophe bonds
Bond funds
Bond market
Multilateral development banks
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Citable URI
http://hdl.handle.net/11540/2790Metadata
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