St. Vincent and the Grenadines is among 15 Caribbean countries to receive funding for disaster risk management in the Caribbean.
The European Union has signed two agreements with the World Bank’s Global Facility for Disaster Reduction and Recovery to provide funding totaling 30.7 million Euros, which will strengthen disaster risk management in the Caribbean.
The programs are expected – will support Caribbean countries to plan for long-term resilience and climate-smart growth strategies, and to design and implement innovative policy and investment initiatives.
The two programmes are the Caribbean Regional Resilience Building Facility and the Technical Assistance Program for Disaster Risk Financing and Insurance in Caribbean Overseas Countries and Territories.
Other countries to benefit from the funding include Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, the Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Kitts and Nevis, St. Lucia, Suriname, and Trinidad and Tobago.