The development objectives of Asuncion Riverfront Urban Resilience Project for Paraguay are to improve living conditions for targeted vulnerable households and to increase resilience in selected areas in the riverfront of Asunción. This project has four components. 1) Eco-Inclusive District aims to finance the design and development of a low-carbon, climate resilient, inclusive, mixed-use riverfront neighborhood on municipal land; 2) Climate Resilient Public Spaces and Green Areas; 3) Social Resilience, Local Economic Development, and Citizen Engagement; 4) Institutional Capacity Building for Urban Resilience and Project Management. The project will create public parks and green infrastructure for flood risk management
and stormwater drainage. It aims to design and upgrade three existing riverfront public spaces with green-gray infrastructure to facilitate natural drainage systems, including bioswales, retention ponds, and rain harvesting.