07/05/03

Caribbean gets funds for climate change adaptation

By: Katie Mantell

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<h1>Caribbean gets funds for climate change adaptation</h1>
<h4>By: Katie Mantell</h4>
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<p><P>Caribbean islands and coastal nations are to receive US$5 million from the Global Environment Facility (GEF) as part of a World Bank programme to help them adapt to climate change. </P><br />
<P>The programme, Mainstreaming Adaptation to Climate Change, which was approved last week by the World Bank, will fund efforts by these countries to adapt to intensified floods, heavy rains and hurricanes, which are expected as a result of climate change. </P><br />
<P>“These resources will enable governments to anticipate the economic and social effects of these changes, and to develop plans and action programs designed to adapt their economies to these anticipated impacts of global climate change,” says John Redwood, the World Bank’s Director of Environmentally and Socially Sustainable Development in Latin America and the Caribbean. “As a result, the local economies will be less vulnerable to these risks.” <BR><BR>The GEF grant — to be administered by the Caribbean Community (CARICOM) in Georgetown, Guyana — is supplemented by grants of US$3.15 million from governments of CARICOM countries, US$2 million from Canada and US$800,000 from the United States, bringing the total funds available to almost US$11 million. </P><br />
<P>It will benefit a number of nations, including Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts & Nevis, St. Lucia, St. Vincent and the Grenadines, and Trinidad and Tobago. </P><br />
<P>© SciDev.Net 2003 </P><br />
<P><STRONG>Related external links</STRONG>: </P><br />
<P><A href="http://www.caricom.org/">The Caribbean Community</A> <BR><A href="http://www.worldbank.org/">World Bank</A></P></p>

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<p>This article was originally published on <a href="https://www.scidev.net" target="_blank">SciDev.Net</a>. Read the <a href="https://www.scidev.net/global/news/caribbean-gets-funds-for-climate-change-adaptation/" target="_blank">original article</a>.</p>
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Caribbean islands and coastal nations are to receive US$5 million from the Global Environment Facility (GEF) as part of a World Bank programme to help them adapt to climate change.

The programme, Mainstreaming Adaptation to Climate Change, which was approved last week by the World Bank, will fund efforts by these countries to adapt to intensified floods, heavy rains and hurricanes, which are expected as a result of climate change.

“These resources will enable governments to anticipate the economic and social effects of these changes, and to develop plans and action programs designed to adapt their economies to these anticipated impacts of global climate change,” says John Redwood, the World Bank’s Director of Environmentally and Socially Sustainable Development in Latin America and the Caribbean. “As a result, the local economies will be less vulnerable to these risks.”

The GEF grant — to be administered by the Caribbean Community (CARICOM) in Georgetown, Guyana — is supplemented by grants of US$3.15 million from governments of CARICOM countries, US$2 million from Canada and US$800,000 from the United States, bringing the total funds available to almost US$11 million.

It will benefit a number of nations, including Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts & Nevis, St. Lucia, St. Vincent and the Grenadines, and Trinidad and Tobago.

Related external links:

The Caribbean Community
World Bank