Officials from the Caribbean Development Bank (CDB) and the Agence Française de Développement (AFD) have signed an agreement to provide USD33,000,000 towards financing sustainable infrastructure projects in the Caribbean region. At least 50 percent of the funds will be used to fund climate change adaptation and mitigation projects.
The agreement was signed last month at the CDB Headquarters in Barbados, by French Ambassador to the Organisation of Eastern Caribbean States and Barbados, Eric de la Moussaye, in the presence of CDB Vice-President (Operations), Patricia McKenzie.
Patricia McKenzie, CDB Vice-President, Operations and Eric de la Moussaye, French Ambassador to the Organisation of Eastern Caribbean States and Barbados, sign the Credit Facility Agreement.
“Caribbean countries are particularly vulnerable to the impacts of climate change, with our geographical location leading to high exposure to natural hazards. Economic conditions also play a role, as there is a lack of access to long-term resources…
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Dr Kedrick Pickering. File photo
Ronald Smith-Berkeley added that persons should submit their comments in a hardcopy letter addressed to the Permanent Secretary, Ministry of Natural Resources and Labour. Comments may also be emailed to climatechangebvi@gov.vg. 
North Miami buildings are seen near the ocean. (Photo by Joe Raedle/Getty Images)
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Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Daryl Vaz (standing, left) and General Manager, Country Department, Caribbean Group, Inter-American Development Bank, Therese Turner Jones (standing, right), observe as (from left) Permanent Secretary in the Ministry of Economic Growth and Job Creation, Audrey Sewell; Managing Director, Development Bank of Jamaica, Milverton Reynolds; General Manager, JN Small Business Loans, Gillian Hyde; and Programme Manager, Environmental Foundation of Jamaica (EFJ), Allison Rangolan McFarlane sign the Memorandum of Understanding (MOU) for the Adaptation Programme and Financing Mechanism Project at Jamaica House, in St. Andrew, on July 28. Under the initiative, US$7.2 million will be made available to micro, small and medium-size enterprises (MSMEs) in the tourism and agricultural sectors to finance climate-change adaptation initiatives islandwide.