United States, March 19 -- The World Bank Board of Directors has approved a new financing package to bolster Espirito Santo's road infrastructure resilience, safety, and sustainability. This funding of $162.4 million, part of the Brazil Proactive, Safe, and Resilient Road Asset Management Program - Phase 2, aims to improve transport access, enhance climate resilience, and promote private-sector participation in infrastructure development.In Espirito Santo only 33% of the state's roads are considered to be in good condition. It also has a high rate of road fatalities (21.44 per 100,000 inhabitants), the highest in Brazil's Southeast region. Additionally, the state is highly vulnerable to climate-related disasters, including floods and landsl...