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Belize to access funding from CABEI to increase resilience to extreme climate events

Posted: Friday, January 12, 2024. 3:33 pm CST.

By Zoila Palma Gonzalez: On January 11, 2024, Prime Minister John Briceño and Ana Guisella Sánchez Maroto, President of the Central American Bank for Economic Integration (CABEI), officially signed the documents for Belize to get access to funding from a BZ$26-million project grant.

This project, known as the “Use of Nature-Based Solutions to Increase Resilience to Extreme Climate Events in the Atlantic Region of Central America”, is available to three beneficiary countries: Belize, Guatemala, and Honduras.

Approximately BZ$10 million will be available to Belize for the recovery of communities that have suffered damages from extreme weather events, such as the restoration of mangroves in Monkey River Village.

 The project will be implemented by the Climate Finance Unit within the Ministry of Economic Development and the Ministry of Sustainable Development, Climate Change and Disaster Risk Management.

 

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