Thursday, January 18, 2018

Let’s act on this great first step*


We are heartened by news coming out of the One Planet Summit in Paris last month regarding the launch of a public-private coalition to create the world's first “climate-smart zone” in the Caribbean.

This coalition is supported by funding and resources from the Inter-American Development Bank Group, the World Bank Group, and the Caribbean Development Bank (CDB) and comprises governments, regional and global public institutions, business and civil society which will work together to adopt and scale novel approaches to climate-smart infrastructure.

An estimated budget of US$6 million to US$10 million over a three-year period is expected to help the coalition generate billions more in public and private resources. Essentially, the coalition is being tasked to:

 

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