The Global Green Growth Institute (GGGI) and the Government of Grenada have formalized their collaboration through a Memorandum of Understanding (MoU) aimed at advancing resilient, green, and affordable housing solutions. This partnership will accelerate Grenada’s Project 500, an initiative designed to deliver 500 climate-resilient and affordable homes to its citizens. The collaboration is part of GGGI’s broader efforts to scale up resilient green housing across the Eastern Caribbean, supported by funding from the Government of Ireland and Agence Française de Développement (AFD). Together, GGGI and Grenada’s Ministry of Housing will enhance access to resilient infrastructure, expedite priority housing projects, and strengthen green growth planning and financing frameworks. The initiative will also focus on developing financial models to ensure affordability for targeted homeowner groups. Finley Jeffrey, Permanent Secretary of Grenada’s Ministry of Housing, emphasized the significance of the partnership, stating that it marks a pivotal step in providing homes that are both affordable and resilient to climate change. GGGI’s Caribbean Representative, Daniel Muñoz-Smith, highlighted the importance of green housing in sustainable development, particularly in vulnerable island economies like the Caribbean. The collaboration will integrate green building standards, promote low-carbon construction practices, and leverage international climate finance to ensure long-term affordability and resilience. GGGI’s technical team will assess existing housing models to identify opportunities for incorporating climate-resilient features, such as rooftop solar systems, and develop guidelines for sustainable housing in Grenada.
