Contingency Emergency Response
The component will finance eligible expenditures related to emergency response mechanisms in case of natural or man-made, crises or disasters, severe economic shocks or other crises and emergencies. An emergency response facility in case of a natural disaster in the agricultural sector is also included under this component. This zero budget component will finance the immediate response activities following natural disasters affecting the agricultural sector. The contingency emergency response financing triggers would include:
(i) a formal declaration of a national emergency by the authorized agency of GoK and
(ii) a formal request from the National Treasury (NT) on behalf of GoK. In such cases, triggers for funds reallocation from project components would be initiated to finance immediate response activities in the agricultural sector as requested.