RECOMMENDATION OF STATUTORY COMMITTEE
TO: The President, International Development Association
Recommendation of the Committee under Section 1 (d) of Article V of the Articles of
Agreement on the proposed Credit (Disaster Vulnerability Reduction Project) to Saint
Lucia.
The undersigned Committee constituted under Section 1 (d) of Article V of ithe Articles
of Agreement of International Development Association (the Association) hereby submits its
recommendation pursuant to said Section in respect of the proposal that the Association grant to
the Saint Lucia (the Recipient) a credit in an amount equivalent to SDR 26,600,000 The purpose
of said credit is to reduce vulnerability to natural hazards and climate change impacts in the
Recipient's territory. The Project will also be supported by a loan and a grant to the Recipient
under the Strategic Climate Fund-Pilot Program for Climate Resilience (SCF-PPCR) in an
amount of US$15,000,000 and US$12,000,000, respectively.
1.   The Committee has carefully studied the merits of the proposal to grant such a credit and
of the purpose to which the proceeds of the credit are to be applied.
2.   The Committee is of the opinion that the Project toward the financing of which the
proceeds of such credit are to be applied comes within the purposes of the Association as set
forth in Article I of said Articles of Agreement, and that said Project is designed to promote the
economic development of Saint Lucia and is of high developmental priority in the light of the
needs of the Saint Lucia.


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Saint Lucia                                     (Disaster Vulnerability Reduction Project)
3.   Accordingly, the Committee finds that said Project merits financial assistance from the
Association, and hereby recommends said Project for such assistance.
COMMITTEE
Senior Vice President an Grou Gene     sel
Nomi ee Se  ted by G  ernor for
Saint Lucia
Regional Vice President
Lati A erica and the Caribbean
Dated at Washington, D. C.