By Alexander Richter From Think Geo Energy The Government of Dominica in the Caribbean has announced that construction of the long awaited geothermal power plant could start as early as in the third quarter of 2019 with funding recently announced by the IDB and Caribbean Development Bank, with funding by the World Bank. As reported […]
Work on geothermal plant in Dominica, Caribbean could start Q3 2019
Serve as ‘Test Case’ for climate-related technologies, Grenada urges Caribbean nations
From WIC UNITED NATIONS: The island country Grenada has called on other Caribbean nations and Small Island Development States (SIDS) to serve as ‘test cases’ for nationwide implementation of climate-related technologies and advances. While addressing in the United Nations General Assembly (UNGA) debate, Grenada’s Foreign Affairs Minister Peter David said the Caribbean also represents some […]
Haiti to get Caribbean Development Bank support for CCRIF premiums
From Artemis The Caribbean island nation of Haiti is to receive grant funding to help pay its premiums for parametric insurance cover from the CCRIF SPC (formerly known as the Caribbean Catastrophe Risk Insurance Facility). The Caribbean Development Bank (CDB) has approved a grant of $3 million to support Haiti’s 2018-2019 insurance premiums for its […]
Caribbean aims to become World’s First Climate-Smart Zone
From The World Bank 26 countries and 40+ private sector partners create coalition to fast track climate action across the Caribbean • Prime Minister of Jamaica, The Most Honourable Andrew Holness, President of the InterAmerican Development Bank (IDB), Luis Alberto Moreno, Virgin Group Founder Sir Richard Branson and World Bank Vice President for Latin America […]
ECCB Governor appointed Chairman of CCRIF SPC
Monday, July 2, 2018 — Eastern Caribbean Central Bank (ECCB) Governor, Mr. Timothy Antoine, has been appointed as Chairman of the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) effective July 1, for a 3-year term. Mr. Antoine succeeds Mr. Milo Pearson who chaired CCRIF’s board from its inception in 2007 and has now retired. At […]
CCRIF welcomes two new members: British Virgin Islands and Montserrat
Thursday, June 14, 2018 — The Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) is pleased to announce that the British Virgin Islands and Montserrat have joined the facility and purchased coverage for the 2018/19 policy year beginning June 1st. Both countries obtained tropical cyclone and excess rainfall policies and the Government of the Virgin Islands […]
Caribbean organizes first regional workshop on human resources
From Presna Latina Georgetown, May 22 (Prensa Latina) The CARICOM Secretariat and the Caribbean Development Bank are collaborating today to organize the first regional workshop to strengthen national capacity to support the 2030 Human Resources Development Strategy. The workshop is aimed at the national coordinators responsible for monitoring and the presentation of reports associated with […]
How can a toolkit increase resilience to natural disasters in the Caribbean?
By JONATHAN ESSEX From iMC With funding from the Caribbean Development Bank, IMC is developing guidelines to help the 19 Caribbean countries to incorporate climate change adaptation into road network planning, construction, budgeting and decision-making strategies. As hurricanes Irma and Maria have recently shown, the Caribbean is more and more vulnerable to natural hazards, which […]