EU donates EUR 6.5 million to Maldives Climate Change Trust Fund
06 Apr 2010, 5:57 PM
Laura Restrepo Ortega
The European Union has contributed EU€6.5 million (US$8.8 million) to the newly created Climate Change Trust Fund which aims to help the government of the Maldives in its bid to become carbon-neutral by 2020.
Minister of Finance Ali Hashim signed the tripartite Memorandum of Understanding (MoU) on behalf of the Maldivian government at a “little ceremony” held at the President’s Office this morning.
World Bank Country Director for Sri Lanka and the Maldives, Naoko Ishii, signed on behalf of the World Bank, and Ambassador of the European Union to Sri Lanka and the Maldives, Bernard Savage, on behalf of the EU.
The ceremony was attended by President Mohamed Nasheed, Vice President Dr Mohamed Waheed, Minister of Foreign Affairs Dr Ahmed Shaheed and State Minister of Foreign Affairs Ahmed Naseem, Minister of Health and Family Dr Aminath Jameel, members of the Danish delegation and other senior members of government.
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