Monday, June 27, 2011

Two CARICOM countries get climate change aid

WASHINGTON, United States, Friday June 24, 2011 – The World Bank Board of Directors has approved a total of US$47.12 million to help the Caribbean states of Grenada and St. Vincent and the Grenadines to improve the safety of their buildings from the impacts of climate change and increase their public institutions capacity to assess natural risks.

The Regional Disaster Vulnerability Reduction Projects will reduce the economic losses due to weak infrastructure, and the risk of loss of life by retrofitting or rebuilding vulnerable structures. Buildings, ridges and urban drainage, for example, are prone to a high-risk of structural failure due to hurricanes, earthquakes and floods.

In order to improve decision-making for reducing climate change vulnerability, the programme will support the creation of a regional backbone technology infrastructure that will allow countries and regional technical entities to collaborate on risk evaluations. More >>>

Location: Cayman Islands