Ambassador Daniela Tramacere, Head of the European Union Delegation to Barbados and the Eastern Caribbean States. (GP)
BRIDGETOWN, Barbados – The European Union (EU) on May 28, launched a 28 million euro Regional Climate Resilience Building Facility, the largest grant-funded resilience building project in the Caribbean to date.
Implemented by the World Bank and the Caribbean Catastrophe Risk Insurance Facility, this will provide financial resources for technical assistance, disaster insurance and resilient investment facilitation.
The announcement was made at the ongoing Understanding Risk conference in Barbados by EU ambassador, Daniela Tramacere: “What we want from this programme is to address real needs. For this, governments and partner entities will have to define clear priorities, without which a targeted implementation is not possible.”
The EU diplomat said the action should have as its ultimate objective, the genuine interest of Caribbean citizens translated in terms of resilience building at community and individual levels.
The technical assistance aims to strengthen the capacity of public institutions and civil society organisations which are capable of protecting citizens from disasters. The support to the Caribbean Catastrophe Risk Insurance Facility will help countries cope and recover better from the effects of…
