photo credit: Jose Sanchez
Belize will strengthen the climate resilience of its energy sector as a result of a US$8 million grant from the Global Environment Facility (GEF) approved today by the World Bank Board of Directors.
“A major concern we often grapple with is extreme weather,” said Frank Mena, Belize’s Minister of State for Finance, Public Service, Energy & Public Utilities.“The impact of such events often leads to major set-backs to our development progress,” he added.
Belize is often in the direct path of tropical storms and hurricanes, which are expected to intensify due to climate change. This has caused many human casualties and widespread damages, resulting in costly disruptions of vital public services. The impact of Hurricane Dean in 2007 resulted in US$80-100 million in damages, equivalent to 6-8 percent of GDP, and a near countrywide power blackout. Likewise, Hurricane Earl left another wave of disruptions last…
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