The Green Climate Fund (GCF) has approved US$125 million in grants for water sector resilience and other projects in Grenada that are directly or indirectly related to climate change mitigation and adaptation measures.
This was revealed on Sunday night by Prime Minister Dr. Keith Mitchell in his address at the final election campaign rally of his New National Party (NNP) at the Pearls airstrip in the big parish of St. Andrew, which was held one day before the 2018 election poll.
THE NEW TODAY understands that the million dollar grant funding was approved by the Board members of GCF at a meeting earlier this month.
According to Prime Minister Mitchell, the funds are expected to bring significant improvement to the island’s water supply system.
Dr. Mitchell, who is the Chairman of the United Nations Small Island Developing States (SIDS) said, US$42.16 million of the grant will go towards the enhancement of the island’s water supply, while other sectors in public, private and civil society are slated to benefit from another project, which is estimated at US$20 million and will be disbursed between Grenada, Dominica, and Antigua & Barbuda, for integrated physical adaptation and community resilience.
He said that additional grant resources of EC$8.3 million, had also been secured from the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety, to finance the island’s water system.
This, he added is expected to introduce a complete paradigm shift in the water sector of Grenada, Carriacou and Petite Martinique and contribute to system-wide climate change resilience in the water and sanitation sector.
“This means $125.5 million grant money – no payback, no interests, no burden on the national debt. (The Money) will be spent on improving the water supply and working through NAWASA”, he told the thousands attending the rally.
As he announced the multi-million dollar grant package, Dr. Mitchell sarcastically warned Grenadians to “be careful” who they put in charge of the money following Tuesday’s national poll.
The Prime Minister gave details on exactly how the monies would be utilised by his government.
“We are spending EC$16 million to improve the water systems in Vendome, which covers water projects in Mt. Moritz and Chantilly. In (the) south of the island another EC$10 million will be spent on storage and distribution also for Morne Rouge,” he said.
Dr. Mitchell also pointed out that $10 million would be spent in Carriacou to improve storage and distribution, including the installation of a 50, 000 gallon storage tank and the expansion of pipelines throughout the island.
According to Dr. Mitchell, an investment of $7 million will guarantee the improvement and reliability and quality of the supply of water in St. John, including the laying of new pipelines from Doctor Belle and improved storage facilities in the reservoir there.
In addition, EC$15 million is earmarked for a complete overhaul of the water supply storage and distributions in St. Patrick and another EC$7 million will be used primarily on the Tufton Hall system which serves the entire parish.
The Prime Minister told NNP supporters: “…These are not promises. We are getting funding through agreements already reached to help better the lives of ordinary Grenadians. Our international partners have worked with us and as a nation and as a people we shall be forever grateful.
“We are in the process of negotiating for hundreds of millions more for climate resilience projects in the towns of St. George, Grenville and Sauteurs. That funding will tackle such issues as flooding and building structures, “he said.
PM Mitchell also announced that Grenada is down to benefit from EC$54 million in grant funding from GCF for an Enhanced Direct Access Project.