Caribbean Develop Mitigation Actions To Access Climate Change Financing

(L-R) UNDP Prog. Manager, Yoko Ebisawa, UNDP Resident Rep., Barbados and the OECS Subregional Office, Chisa Mikami, and St.Vincent and the Grenadines Finance Min. Camillo Gonsalves
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Over thirty representatives from nine Caribbean countries (15 May) met in Kingstown, St Vincent and the Grenadines to better position themselves to access funding for climate change mitigation.

Countries in attendance at (the) workshop will use their Nationally Appropriate Mitigation Actions (NAMAs) to develop concept notes which will be presented to development partners, who will also be in attendance. During this workshop, actions and priority areas identified in NAMAs, will be under consideration by development partners.

NAMAs refer to any action that reduces emissions in developing countries and is prepared under the umbrella of a national governmental initiative. The United Nations Development Programme’s Japan-Caribbean Climate Change Partnership (UNDP J-CCCP) has provided support for the development of NAMAs in 7 Caribbean countries since 2017 in the transport, energy and water sectors, as one of the tools to implement countries’ Nationally Determined Contribution (NDC).

In his remarks at the opening of the regional workshop, the honourable Camillo Gonsalves, Minister of Finance, Economic Planning, Sustainable Development and Information Technology noted the importance of climate financing for the region. He said, “we in the Caribbean are fighting a battle. We are among the most vulnerable yet, we are considered middle income countries and this disadvantages us when we seek financing.”

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