World Bank, UK to help poor nations hit natural disasters

TNN: Some good news for the developing countries. The World Bank and the UK government has jointly launched a new competitive challenge fund that would help poor nations -- those hit by disasters like floods, cyclones, droughts and earthquakes -- to empower their local communities. The fund, launched on Monday on the sidelines of UN's 3rd World Conference on Disaster Risk Reduction at Sendai, will help developing countries design and implement ground-breaking solutions to overcome problems they face......

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