Wednesday, February 21, 2018

Caribbean to put US$5b to climate resilience*

Residents of Roseau, Dominica, clean up and rebuild from the destruction caused by Hurricane Maria last week. Hurricane Maria hit the island on September 18. —Photo: AP

The Caribbean Community (Caricom), of which Trinidad and Tobago is a founding and financial member, plans to invest US$5 billion to make the region climate resilient, current Caricom Chairman and Grenada Prime Minister Dr Keith Mitchell said Friday in Washington. A major part of the plan is to reduce fossil fuel imports, much of which, for Caricom, comes from T&T.
At a World Bank-convened High Level Meeting on Recovery and Resilience in the Caribbean, Mitchell echoed billionaire Sir Richard Branson’s September 17 call for a Marshall Plan to help the Caribbean recover from, and build back better-prepared for, annual flagellation from hurricanes and tropical storms.

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