World Bank commends Jamaica for making strides in disaster resilience efforts

World Bank commends Jamaica for making strides in disaster resilience efforts

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World Bank commends Jamaica for making strides in disaster resilience efforts

by Myesha Broadie

World Bank Country Director for Caribbean Countries, Tahseen Sayed, has commended Jamaica for making significant progress, in its disaster resilience efforts in recent years.

 

She was speaking at the “Facing the Fiscal Risk of Natural Disasters Forum”, at the Jamaica Pegasus Hotel in Kingston, yesterday.

 

She noted, that since the development of a partnership, the World Bank has supported Jamaica, with about three billion dollars in financing for over 100 operations.

 

She said, the forum is timely, citing Jamaica’s role in setting the tone and example for the rest of the Caribbean, by sharing what it has accomplished, as well as, being timely as its on the heels of the recent United National Report on Climate Change.

 

She praised Jamaica for implementing measures, on physical resilience.

 

She however cautioned, that Jamaica needs to reduce the fiscal risk associated with natural disasters.

 

 

Jamaica, like other Caribbean states, is highly exposed to extreme weather events, and climate risks.

 

Natural disasters have cost Jamaica an estimated 1.2 billion US dollars, between 2001 and 2010.



News Credit: IrieFM | Read here http://iriefm.net/world-bank-commends-jamaica-for-making-strides-in-disaster-resilience-efforts/

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