CARICOM records noteworthy successes in 2017 despite challenges

Secretary-General at the CARICOM-UN High Level Conference with the UN SG Antonio Guterres and Head of UNDP Achim Steiner
CARICOM Secretary-General Amb. Irwin LaRocque (l) at the CARICOM-UN High Level Conference with the UN Secretary General Antonio Guterres (r) and Head of UNDP Achim Steiner

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) The more than US$2B pledged at the CARICOM-UN Conference for long-term recovery for hurricane-affected countries and the establishment of the regional renewable energy center are among the successes CARICOM recorded for 2017 in spite of the year’s challenges.

Caribbean Community (CARICOM) Secretary-General Ambassador Irwin LaRocque said in his End of Year Message that the Community was ending 2017 with several other noteworthy achievements, including a change in posture by International Financial Institutions and some Development Partners with respect to access to concessionary development financing.

“It is encouraging to note that our relentless advocacy with respect to the lack of access to concessional development financing appears to be bearing fruit. There is some re-thinking on this issue taking place at the level of the International Financial Institutions (IFIs) and some of our international development partners (IDPs),” the Secretary-General stated.

Adding that CARICOM will continue to advocate for this change he said the Region’s vulnerability to external shocks, which the hurricanes laid bare, emphasised the urgent need for the international community to dispense with GDP per capita as a primary criterion for access to concessional development financing. (more…)

A year that will have a lasting impact – CARICOM Secretary-General

SG

 

End of Year Message

by the Secretary-General

of the

Caribbean Community (CARICOM)

Ambassador Irwin LaRocque

 

There is no doubt that the events of 2017 will have a lasting impact on our Community.  The ravaging effects of this year’s hurricane season will cast a long shadow over our Community for some time yet.

Six of our Members and several of our Caribbean neighbours experienced the wrath of unprecedented back-to-back Category 5 Hurricanes Irma and Maria.

The heavy toll of lives, property and infrastructure had an effect wider than the affected countries.  Our Community has bonded together, as its governments, people and institutions render yeoman support to the stricken countries.  The international community has been at our side in the relief undertaking in a highly appreciated show of solidarity.

The Caribbean Disaster Emergency Management Agency, (CDEMA) the Community’s specialised institution, performed magnificently as it coordinated the relief efforts and helped to set the stage for recovery.  I must extend the Region’s gratitude to the Agency for a job well done.  The Caribbean Catastrophe Risk Insurance Facility (CCRIF) was also prompt in meeting its commitments to the affected countries with the appropriate policies.

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