Region’s Coconut Industry Gets EDF Boost
(Barbados Government Information Service) The coconut industry in Barbados and the rest of the Caribbean should soon be receiving a further boost. That is because the 11th European Development Fund (EDF) will be financing a second coconut project in the region.
Word of this came from Programme Manager, Delegation of the European Union to Barbados, the Eastern Caribbean States, the OECS and CARICOM/CARIFORUM, Katja Svensson, at the recent Caribbean Agricultural Research and Development Institute (CARDI) Day of activities.
Ms. Svensson revealed that a decision was made on Wednesday, December 5, to finance a second coconut project, which will span a period of five years and will have a total budget of six million euros.
She further highlighted that the second project will build on the first one, which concludes at the end of this month. The four-year project, she said, made significant steps in researching regional and global development in the coconut industry as well as the whole coconut value chain.
“I know there will be focus also on the development of coconut nurseries and also support to multiplication of varieties to increase coconut production efficiency… coconut waste management and the promotion of climate smart practices will also form part of the project activities,” Ms. Svensson said.
Read more at: Barbados Government Information Service