By correspondence dated February 8, 2023, The Organisation of Eastern Caribbean States (OECS) Commission applied to the Caribbean Development Bank (CDB) for a technical assistance (TA) grant to finance consulting services and procure goods and services aimed at improving ecosystems services, quality of life, and livelihood resilience to climate change (CC) and natural hazards in vulnerable communities within several OECS Member States. 

The Project’s estimated cost is two million (mn), seven hundred and thirty thousand, two hundred and thirty-two United States dollars (USD) (USD2,730,232). From this total, one million, six hundred and seventy thousand, two hundred and thirty-two United States dollars (USD1,670,232) is provided from CDB’s Special Funds Resources (SFR), allocated under the Caribbean Action for Resilience Enhancement (CARE) Programme. An amount of two hundred sixty-nine thousand, three hundred and seventy-four United States dollars (USD269,374) represents the counterpart in-kind contribution from the OECS Commission. Additionally, a co-financing contribution of five hundred seventy-seven thousand, seven hundred and ninety-one United States dollars (USD 577,791) is from the Government of Saint Vincent and the Grenadines (GOSVG). In-kind co-financing contributions also include one hundred and forty-eight thousand five hundred and seventy-five United States dollars (USD148,575) from local communities and sixty-four thousand, two hundred and sixty United States dollars (USD64,260) from the Caribbean Regional Architecture for Biodiversity (CRAB) project1, funded by Agence Française de Développement (AFD) and the French Facility for the Global Environment (FEEM).