Editorial credit: JEAN-FRANCOIS Manuel / Shutterstock.com
The National Water and Sewerage Authority (NAWASA) of Grenada received US$2,201,833 (EC$5.9 million) following the passage of Hurricane Beryl across the country on July 1, 2024, causing damage to water and wastewater systems in Grenada and the islands of Carriacou and Petite Martinique.
On hearing of the payout to NAWASA, Mr. Malcolm Geere, Development Director for the United Kingdom (UK) in the Caribbean, said: “I am delighted that Grenada’s National Water and Sewerage Authority (NAWASA) has received this payout from the Caribbean Water Utilities Insurance Collective Segregated Portfolio (CWUIC SP) to help restore vital clean water supplies to households in Carriacou and across the country affected by Hurricane Beryl.
He went on to add that “The UK’s support to CWUIC SP is part of our long-term investment in building financial and climate resilience in Caribbean countries. We congratulate NAWASA, as well as the Dominica Water and Sewerage Company Limited (DOWASCO) and Belize Water Services (BWS), for being the first utilities to take out insurance through CWUIC SP and encourage other water and wastewater utilities across the region also to protect the resilience of their services with insurance and advice from CWUIC SP”.
In September 2023, CCRIF, in collaboration with the Inter-American Development Bank (IDB); the UK Foreign, Commonwealth and Development Office (FCDO); and the Caribbean Development Bank (CDB), launched the Caribbean Water Utility Insurance Collective (CWUIC), which has been established as a segregated portfolio (SP) within CCRIF