Bahamas Gets $100K Towards Climate Change Resilience

Grant To Benefit 3,000 Organizations
If The Bahamas’ sea level raises a mere several feet as scientists predict, the country could experience more ferocious hurricanes and floods. To assist with ways to build resilience against this bleak possibility, the Inter-American Development Bank Multi-Lateral Investment Fund (IDB- MIF) and CARIBSAVE have given The Bahamas a grant of $100,000. It’s part of the Climate Change, Coastal Community Enterprises: Adaption, Resilience and Knowledge (C-ARK) project that has a total budget of $2.5 million. This week, the non-profit organization plans to spread $400,000 in micro grants across the region in The Bahamas, Barbados, Belize and Jamaica. The Bahamas’ grant will be used in micro, small and medium sized enterprises (MSMEs) and community-based organizations (CBOs) in New Providence, Abaco and Andros. The grant is expected to impact over 3,000 local direct and indirect beneficiaries. CARIBSAVE has partnered with the Ministry of Tourism in this effort.

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