A team from the European Union (EU) delegation to Barbados, the Organisation of Eastern Caribbean States OECS, and the Caribbean Community (CARICOM)/Caribbean Forum (CARIFORUM) will be on island from Tuesday October 15 to Thursday October 17, 2019.
The team will be hosted by the Ministry of Finance and Economic Management, and includes Head of The EU Delegation to Barbados and the Eastern Caribbean States, Her Excellency, Ambassador Daniela Tramacere, and Head of Section, EU Delegation to Barbados and Eastern Caribbean States, Ms. Janet Coto Moreno.
The visit is part of the Ambassadors’ tour to the Overseas, Countries and Territories (OCT’s) which fall under her remit, subsequent to taking up her post in 2018. While here, H.E. Daniela Tramacere, will be meeting with key personnel on island, who are responsible for the implementation of the European Development Fund 11 (EDF11). Additionally, she will be taken on tour to the various sites for some of the major projects under the EDF11.
The Ministry of Finance and Economic Management, looks forward to receiving the Ambassador and her team and will ensure that their stay is a pleasant and memorable one.
The 11th EDF Programming Document for Montserrat, which includes the Financing Agreement for 18.4 million Euros, was signed by the Premier and Minister of Finance, Donaldson Romeo, in February 2018. The EDF11 will support the transition towards sustainable economic development and it will support renewable energy and other backbone infrastructure developments in areas crucial to address accessibility constraints on the island.
The programme will contribute to the following specific objectives:
- A significant switch in the use of energy from fossil fuels to renewables, incorporating both increased energy efficiency and a reliable electricity supply.
- Endorsement and initial implementation of a Tourism Strategy, including tourism products and marketing of eco-tourism.
- Public sector investment and infrastructure provision improvements, with a focus on addressing accessibility constraints at sea.
The EDF was created in 1957 by the Treaty of Rome and launched in 1959. It is the EU’s main instrument for providing development aid to African, Caribbean and Pacific (ACP) countries and to overseas countries and territories (OCTs).