Dominica - government
Discussions are underway with the World Bank to redirect funds approved under the Disaster Vulnerability Reduction Project (DVRP).
The Hon. Prime Minister made the announcement when he addressed the nation on Monday September 7th.
“Confirmation has been given that an amount of US $14.7m can be reallocated for Erika reconstruction projects. The bank is in discussion with the Climate Investment Fund (CIF) on the possibility of reallocating the funds provided by that organization,” said the Hon. Roosevelt Skerrit.
Eleven million dollars was approved for the DVRP through the World Bank.
The Disaster Vulnerability Reduction Project is meant to reduce the impact of climate change in Dominica.
Tropical Storm Erika caused almost a billion dollars in infrastructural damage to Dominica.