The Government of Grenada through the Ministry Of Finance, Economic Development, Physical Development, Public Utilities and Energy & the Ministry of Tourism, Civil Aviation, Climate Resilience and the Environment is implementing the Green Climate Fund (GCF) financed Enhanced Direct Access (EDA) project for the Eastern Caribbean
This pilot project to demonstrate the GCF’s enhanced direct access modality is being implemented by the Department of Environment (DoE) Antigua. It seeks to promote integrated physical adaptation and community resilience through an enhanced direct access pilot in the public, private, and civil society sectors of three Eastern Caribbean small island developing states namely Antigua, Dominica and Grenada.
The EDA project in Grenada will enhance climate change resilience through the implementation of adaptation projects which would benefit the Grenadian public sector, communities, private low income property owners, small businesses and vulnerable households that fall under the poverty level.
Climate Adaptation Interventions Eligible for Funding
• Efficient water management
• Sustainable building practices and climate-smart buildings
• Flood and erosion control
• Structural adjustments that increase climate change resilience
• Renewable energy systems
• Health and Vector control
• Energy-efficient solutions
Grant Eligibility Criteria
To be eligible, loan applicants under the Revolving Fund must:
• Be the owner of the home/business or property
• Be employed or have a source of income;
• Be willing to make repayments through direct banking, salary deductions or any other method deemed appropriate;
• Adhere to the list of adaptation actions that the loans will be used for. Any deviations that are inconsistent with adaption measures cannot be funded;
• Be willing to facilitate site visits for the inspection of activities for which the financing was secured;
• Agree to provide evidence of expenditure on financed activities upon the request of the Fund.