US$30 million Climate Resilience Project to benefit Belize The Belize Climate Resilient Infrastructure Project (BCRIP) will support the efforts of the Government of Belize to improve the resilience of critical road infrastructure against flood risk and to strengthen the capacity of relevant ministries to incorporate climate resilience and disaster risk management in their investment planning and implementation. They include the Ministries of Works and Transport and Natural Resources and Agriculture. “The Government of Belize is conscious of the social, economic and environmental implications of Climate Change and takes this opportunity to first, welcome the strategic partnership with the World Bank through this loan for the Climate Resilient Infrastructure Project,” said Yvonne Hyde, Chief Executive Officer, Ministry of Finance and Economic Development. “This project will enable Belize to implement mitigation and adaptation strategies in the war against this global threat as it relates to the negative effects on Belize’s economic growth and welfare of its present and future generations.” CEO Hyde added that the project is designed at increasing the resilience of the Belizean people to climate change and its impact on the environment and economy of Belize.The project will rehabilitate 30 kilometers of roads, improve the Ministry of Works’ capacity in road maintenance and training of road maintenance personnel, operationalize the National Land Use Policy, as well as improve government’s personnel capacity in flood mitigation systems. The World Bank noted that the United Nations Framework Convention on Climate Change has identified Belize as one of the most vulnerable countries to the adverse impacts of climate change. In 2000, Hurricane Keith caused damaged exceeding 45% of Gross Domestic Product (GDP). In May 2008, Tropical Storm Arthur caused extensive damages to critical infrastructure and the agriculture sector. Hurricanes and tropical storms affecting Belize in recent years have been of catastrophic proportions.These hurricanes and storms have also severely disrupted social and economic growth and development.
Posted on: Thu, 04 Sep 2014 20:19:35 +0000
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