National Adaptation Strategy for Sugar1 23rdJune2015

When the Government of Trinidad and Tobago made the decision to divest and restructure the sugar industry, the European Union (EU) stepped in to support the country to address the potential negative impacts of the restructuring, support agricultural and economic diversification, food security and sustainable development. A National Adaptation Strategy was developed and subsequently the EU allocated funding of €75 million over the implementation period 2007 to 2016.

This programme funding is given as Sector Budget Support, meaning that the money is directly transferred to the Consolidated Fund under the Central Bank of Trinidad and Tobago and overseen by the Ministry of Finance (shown below in Figure 1). The implementing agency is the Ministry of Agriculture, Land and Fisheries.k

 

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