NASSAU, Bahamas — 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 in The Bahamas.
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. See full story in CARICOM TODAY in BAHAMAS CHRONICLE at https://today.caricom.org/2020/01/14/1-5-billion-in-recovery-funding-and-in-kind-services-pledged-at-hurricane-dorian-conference/?fbclid=IwAR1KGDn2TFQX3l1kMsV-mldO0uAXsUEwqTSwtiOoBJVT2k9uIPqiaPRuGG8