Caribbean Development Bank providing grants for community-based disaster risk Reduction and adaptation projects

The Anguilla News: The Caribbean Development Bank (CDB) has launched a USD 23.5 million dollar fund which will provide grants to vulnerable communities for community-based disaster risk reduction and climate change adaptation demonstration projects.

The Community Disaster Risk Reduction Trust Fund (CDRRF) was established with joint financing from Canada’s Department of Foreign Affairs, Trade and Development – formerly known as the Canadian International Development Agency – and the United Kingdom’s Department for International Development.   Grants will range in value from USD 400,000 to USD 650,000.

CDB’s Project Manager for the Disaster Risk Reduction Fund, Leslie Walling, notes that the CDRRF has been designed to provide direct and responsive support for projects that address the specific, local disaster risk, climate change circumstances and risk reduction needs of each target community.

 “Although extreme natural hazard events such as hurricanes, storms, droughts and climate change effects such as sea-level rise may affect an entire country, in the final analysis, all disasters are local phenomena. This means that disaster risk reduction and climate change adaptation must, by definition, be a fundamentally local affair”, Walling said...

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