Caribbean – the world’s first ‘climate-smart zone’

Caribbean – the world’s first ‘climate-smart zone’

Agreed priorities:

• Scale renewable energy as rapidly as possible to help free Caribbean countries from the high cost of imported fossil fuels and the high vulnerability of centralised distribution systems.

• Build low-carbon and resilient infrastructure including nature-based approaches, to better withstand future extreme weather events.

• Create innovative financing models such as a debt-for-resilience swap initiative in exchange for demonstrated progress on policy reforms and investments to strengthen resilience and promote climate-smart growth pathways. Build platforms to help facilitate the large public and private investments required.

• Strengthen the capacity of Caribbean countries and key regional institutions to plan for long-term resilience and climate smart growth strategies.

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