Statement on High Level Meeting on Recovery and Resilience in the Caribbean
The participants highlighted the need for a response involving all partners, including regional organizations, development partners, private sector, national Governments and civil society, to leverage comparative advantages for building resilience to disasters in highly vulnerable small-island states, as extreme weather events have added to their existing economic vulnerabilities. The contribution of the private sector will also be critical, offering both resources and expertise.
Washington, October 13th, 2017– Leaders and representatives of CARICOM countries and territories, and international partners, including the international financial institutions, and the representatives of territories in the region, convened (Friday) in a high-level round table on recovery and resilience in the Caribbean hosted by the World Bank Group (WBG), as part of the WBG-IMF Annual Meetings.
During the discussion, participants examined the impact of and recovery from the destructive hurricanes that struck the Caribbean in September, reviewed the instruments available for disaster risk management and response, and considered the need to innovate further in order to address the long-term challenges and strengthen resilience of affected islands.
Participants expressed solidarity and support to the affected islands and communities, and reaffirmed their commitment to working together to build back better and in a more resilient way, following the devastation caused by hurricanes Irma and Maria. They highlighted the need to ensure active engagement of communities, especially women, in the recovery and reconstruction process, as well as the importance of putting in place building standards that will mitigate the impact of future extreme weather events. The participants also noted the importance of making progress on the World Bank’s Small States Roadmap which proposes various initiatives to promote resilience of small states. (more…)