The OPEC Fund supports Saint Vincent and the Grenadines with $20 million to support disaster management

The OPEC Fund for International Development agreed to provide a loan worth $20 million to support the disaster risk management program in Saint Vincent and the Grenadines, with the aim of strengthening national capacities in the field of disaster preparedness, response and mitigation.

The statement, issued by the Fund’s headquarters in the Austrian capital, Vienna, stated that the program represents a top priority for the island state located in the Caribbean Sea, indicating that the island is at the forefront of those affected by the repercussions of the climate change problem.

He explained that the program supports the conservation and management of natural resources, which contributes to the protection of environmental assets that support both the population and the economy, and is in line with the National Economic and Social Development Plan of the Government of Saint Vincent and the Grenadines.