Rebuilding Haiti: $10 Billion Promised at Donors’ Conference

Posted on March 31, 2010

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Ban said the world had come together ‘dramatically and in solidarity with the Haitian people’ [Reuters]

 

Haiti promised $10bn for rebuilding

International donors have pledged $9.9bn over more than three years to rebuild earthquake- devastated Haiti, going “far beyond expectations”, the UN secretary general said.

Bank Ki-moon said at the end of a day-long donor conference at UN headquarters in New York City on Wednesday that the international community had come together “dramatically and in solidarity with the Haitian people” to help them recover from the January 12 earthquake.

He said governments and international partners pledged $5.3bn for the first two years of reconstruction, with the rest of the amount committed for the longer term.

The Haitian government had appealed for $3.8bn for the first two years and the UN had hoped to raise $3.9bn for the same period at the donors conference.

The magnitude 7 earthquake destroyed the government and commercial centre of Haiti’s capital Port-au-Prince and killed between 217,000 and 300,000 people, according to government estimates.

An estimated 1.3 million people were also made homeless, many of whom continue to live in tents and under makeshift shelter