The Dominican Senate approves 600 million dollars for climate action and water infrastructure in Punta Cana

The Senate of the Dominican Republic has approved two financing agreements totaling 600 million US dollars to strengthen climate resilience and expand essential water and sanitation infrastructure in the Punta Cana-Bávaro tourist region, which is experiencing the fastest growth in the country.

The Senate of the Dominican Republic approved two financing agreements totaling 600 million U.S. dollars to strengthen climate resilience and expand essential water and sanitation infrastructure in the Punta Cana-Bávaro tourist region, which is experiencing the fastest growth in the country.

The first loan, valued at 200 million U.S. dollars, will be granted by the Andean Development Corporation (CAF) and will serve as budgetary support for government initiatives aimed at strengthening climate action policies and improving the country’s capacity to adapt to the impacts of climate changeA second financing agreement, worth 400 million US dollars, has been approved by the National Institute of Potable Water and Sanitation (INAPA). These funds, provided by the Inter-American Development Bank (IDB), will finance the third phase of the Punta Cana-Bávaro Wastewater Sanitation and Reuse Program, in the province of La Altagracia..