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
UN Live United Nations Web TV – Gaston Alphonso Browne (Antigua and Barbuda), High-level Signature Ceremony for the Paris Agreement, National Statements
Hon. Gaston Browne, Prime Minister and Minister for Finance and Corporate Governance of Antigua and Barbuda, delivering his National Statement at the High-level Signature Ceremony for the Paris Agreement at UN Headquarters in New York, Friday 22 April 2016
UN Live United Nations Web TV – Dean Barrow (Belize – on behalf of the Caribbean Community (CARICOM)), High-level Signature Ceremony for the Paris Agreement, National Statements
Remarks by Hon. Dean Barrow, Prime Minister and Minister of Finance of Belize, at the National Statements of the High-level Signature Ceremony for the Paris Agreement at UN Headquarters, New York, Friday 22 April 2016.
CARICOM Secretary-General Ambassador Irwin LaRocque has joined CARICOM Heads and other government representatives at UN Headquarters in New York for today’s Special Signing Ceremony for the Paris Climate Change Agreement.
Ambassador LaRocque was also in Paris to coordinate CARICOM’s campaign as the Region sought to get its red line climate change issues represented in the final agreement.
The CARICOM campaign, with its popular mantra “1.5 to Stay Alive” successfully promoted the ‘temperature rise’ and a short-list of other critical issues to the Region. The long-term temperature goal was pushed as an existential issue for the Region, and CARICOM negotiators were able to influence a number of countries in hard negotiations, to have language included in the final text which takes account of the 1.5 degree option. (more…)
Several CARICOM Member States will join more than 150 countries across the world which will begin to sign the Paris Agreement on Climate Change at a special Ceremony at the United Nations Headquarters in New York today.
The Signing Ceremony takes place on the first day that the Agreement will open for signatures. It will remain open for one year.
The Paris agreement was approved by the 196 Parties to the United Nations Framework Convention of the Climate Change (UNFCCC) in COP21 in Paris on Dec. 12, 2015. In the agreement, all countries pledged to work to limit the temperature rise overall below 2 degrees Celsius, but are aiming to achieve a temperature rise below 1.5 degrees Celsius.