1 Apr 2014

World Bank signs major aid projects in Solomon Islands

7:48 pm on 1 April 2014

The World Bank and the Solomon Islands government signed agreements today to improve electricity supply in Honiara and protect communities from climate change and natural disasters.

The Finance Minister, Rick Houenipwela, and the Bank's Pacific country director, Franz Drees-Gross, signed the deals worth more than 22 million US dollars.

The Community Resilience to Climate Change and Disaster Risk in Solomon Islands Project allocates just over 9 million US dollars for climate and disaster risk information and early warning systems.

13 million US dollars is being made available for the Sustainable Energy Project, which is working to improve the reliability and efficiency of electricity supply for the 65,000 residents of Honiara.