IMF published this video item, entitled “Building Back Better: Dominica on a path from devastation to climate resilience” – below is their description.
After 2017’s Hurricane Maria, the small island state of Dominica knew it needed to make a change. Still reeling from $1.2 billion in damage (226 percent of the country’s annual GDP), politicians created a new agency, The Climate Resilience Execution Agency for Dominica (CREAD). CREAD worked with the IMF and other partners to create a strategy that priced out all of the infrastructure, insurance, and social resilience needed to make the country the first in the world to become fully “climate resilient.” Since then, the country has moved forward admirably with new construction projects, but requires additional external financing from the international community to reach its goals.
SPEAKERS:
Pepukaye Bardouille
Former CEO, Climate Resilience Execution Agency for Dominica
Francine Baron,
CEO, limate Resilience Execution Agency for Dominica
Denise Edwards
Financial Secretary, Dominica
Alejandro Guerson, IMF Mission Chief for Dominica
IMF YouTube Channel
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