Caribbean Climate Watch – January Edition

Caribbean Climate Watch – January Edition

Welcome to Caribbean Climate Watch! Below are some of the major climate change headlines regionally and internationally. 

Have a read!

Regional

UN News: Suriname becomes only the second of the 196 states signed to the Paris Agreement, to update its Nationally Determined Contributions so far. Read More.

IADB: Improving climate adaptation and mitigation measures could be key to Barbados’ ability to strengthen its economic prospects. This was one of four suggested reforms by the Inter-American Development Bank in their latest publication – Barbados: A Time For Change: Country Development Challenges. Read more.

OECS: The World Bank has approved a US$20 million Disaster Risk Management Development Policy Credit for Grenada. This will provide the small island state with contingent financing in case of natural disasters while supporting the country’s reform programme to build its resilience to disaster and climate risks across a myriad of sectors. Read more.

International

UNFCCC: UN Secretary General Antonio Guterres has used his speech at the World Economic Forum in Davos to call on the big industrial nations to reduce their emissions. Mr Guterres says the world is ‘’doomed’’ in the face of climate change, if they do not act soon. Read more.

Government of Norway: The Government of Norway has signed an agreement to double its annual contribution to the Green Climate Fund (GCF). The fund is used to promote low- emission and climate-resilient development by providing funding to support to mitigation and adaptation efforts in developing countries. Norway’s contribution will now stand at NOK 3.2 billion or approximately US$350 million. Read more.

AOSIS: The Alliance of Small Island States and the United Nations Development Programme are working on ways in which they can improve access to Climate Finance for Small Island Developing States. The pair revealed this during a recent dialogue on Climate Finance in Norway. Read more.

Climate Home: Some European countries such as Germany have missed out on their EU deadline for the submission of 10-year Climate Protection Plans. Read more.

Climate Home: The European Commission has shed some light on its energy transition plans for the next decade however, some doubts are being raised. Read more.

Climate Home: This year’s World Economic Forum annual report has set a precedent as environmental concerns are dominating the top five long-term global risks for business leaders, investors and policy-makers. Read more.

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