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$1.5 billion in recovery funding and in-kind services pledged at Hurricane Dorian conference

Press Release – Office of the Prime Minister:

Governments, NGOs, multilateral institutions, companies and individuals pledged $1.5 billion in recovery funding and in-kind services on Monday at the Hurricane Dorian Private Sector Pledging Conference. More than 300 local and international delegates attended the conference at Baha Mar. The pledging section of the conference occurred during the afternoon session. It was chaired by Deputy Prime Minister and Minister of Finance the Hon. Peter Turnquest. The pledges included initiatives in homebuilding and repair; educational assistance; renewable energy partnerships; relief aid; grants; direct assistance to storm victims; parks restoration; loans and financing.

“These pledges are an important step in the ongoing reconstruction and rebuilding of areas affected by Hurricane Dorian, so that we may rebuild stronger and with more resilience,” said Prime Minister the Most Hon. Dr. Hubert Minnis. “We are grateful to domestic and international partners, including foreign governments. We look forward to other possible contributions to help in our recovery efforts.”

As a follow up to the conference the UNDP and the Government will issue a detailed account of the commitments made disaggregated by sectors and stakeholders.

Also addressing the High-Level Opening ceremony were: the Hon Iram Lewis, Minister of State for the Ministry of Disaster Preparedness, Management and Reconstruction; UNDP Regional Director for Latin America and the Caribbean Dr. Luis Felipe Lopez-Calva; and Chairman of the Board of BCCEC, Khrystle Rutherford-Ferguson.


From: Bahamas Information Services

January 13, 2020

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