World Bank Approves US$15 Million Grant To Jamaica For Disaster Resistance


Finance Minister, Dr. Nigel Clarke, has revealed that the World Bank has approved a US$15-million dollar grant to support Jamaica’s bid to expand its financial protection against natural disasters. 

That’s the equivalent of approximately $J2 billion.

In a statement this afternoon, the Finance Ministry noted that the grant is being made available through the Global Risk Financing Facility, GRIFF.

The GRIFF is a multi-donor trust fund of the World Bank.  It’s supported by Germany and the United Kingdom.

Dr. Clarke says it’s significant that the grant represents the largest made by GRIFF to a middle-income country. 

Dr. Clarke says the grant is important to Jamaica’s efforts to achieve resilience against the threats posed by climate change.

Dr. Nigel Clarke, Finance Minister, speaking this afternoon with Nationwide News.

Abka Fitz-Henley is a multiple award-winning journalist who is currently the Senior Reporter at Nationwide News Network (NNN). His primary areas of focus are Court, Crime and Parliamentary proceedings. Fitz-Henley was recently recognized in the regional celebrity magazine publication Panache as “The Breaking News Boss”. At 21 years of age, following his 1st year in media, Fitz-Henley was recognized with the Young Journalist of the year award from The Press Association of Jamaica and went on to cop one of the country’s highest recognized journalism prizes, the Journalist of the Year Award. He’s also been awarded the prestigious Corporate Jamaica Broilers Fairplay 1st place Award for investigative journalism and is the recipient of the Caribbean Blog Award for coverage of the infamous Kartel murder trial. Fitz-Henley is also the recipient of the PM Youth Award for Excellence. Over the years, he has appeared as a guest on the BBC World Service and BBC London.

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