How to build back better after a hurricane with the next one a few months away

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OP-ED By Irwin LaRocque and Achim Steiner*

CARICOM SG, Irwin LaRocque
Ambassador Irwin LaRocque
Achim Steiner, UNDP Administrator
Achim Steiner, UNDP Administrator

 Imagine relocating the entire population of your country in the face of a colossal hurricane and two months later still not being able to get back home. Now imagine spending several nights in a shelter and taking a stroll the next morning only to find what you used to call community, city or country reduced to an apocalyptic scene.

This is no fiction. Irma and Maria, two back-to-back category 5 hurricanes, the most powerful ever recorded in the Atlantic, swept across the Caribbean in September, cutting a swathe of destruction, taking lives, devastating infrastructure and severely damaging the economies of small climate-vulnerable countries.

Entire islands were decimated, like Barbuda, the smaller of the two-island state of Antigua and Barbuda, and Dominica, both Members of the Caribbean Community (CARICOM). Anguilla and the British Virgin Islands were also devastated while The Bahamas and the Turks and Caicos Islands were severely affected. Haiti and St Kitts and Nevis also suffered damage. All of the islands are Members or Associate Members of CARICOM.

The island of St Marten, divided between Sint Maarten, a constituent country of the Kingdom of Netherlands and St Martin, a dependency of France as well as Cuba and the Dominican Republic were impacted, in addition to Puerto Rico and Florida, in the United States. (more…)

CDB to promote resilient recovery, climate action for Caribbean at COP23

Dr. Warren Smith, President of the Caribbean Development Bank (CDB)

November 13, 2017, BONN, Germany – A delegation from the Caribbean Development Bank (CDB) has arrived at the United Nations Climate Change Conference (COP23) in Bonn, Germany. While at the event, which runs until November 17, the Bank will join other regional stakeholders in reiterating the urgent need for climate action and resilient recovery in the Caribbean. Against the backdrop of this year’s devastating hurricane season, CDB will also underscore its commitment to mobilising highly concessionary resources for regional countries to tackle the impacts of climate change.

 “We are pleased to add our voice to the global conversation on climate action, given the vulnerability of the low-lying and coastal states in the Caribbean Region. At COP23, our priority is to continue to draw attention to the very real challenges our small states are facing as a result of climate change; to strengthen partnerships to combat those challenges; and to further engage stakeholders as our Region seeks to ‘build back better’,” said Dr. Wm. Warren Smith, President of CDB.

While in Bonn, the Bank will sign a US$24M agreement with the European Investment Bank for post-disaster reconstruction. It is an addition to the US$120M Climate Action Framework Loan II signed in May this year.

Caribbean Development Bank
The Caribbean Development Bank (CDB), is a regional financial institution which was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970. The Bank came into existence for the purpose of contributing to the harmonious economic growth and development of the member countries in the Caribbean and promoting economic cooperation and integration among them, having special and urgent regard to the needs of the less developed members of the region (Article 1 of the Agreement establishing CDB). In the Revised Treaty of Chaguaramas, the CDB is recognised as an Associate Institution of CARICOM
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