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Updated every Friday.

Friday, May 4, 2018

May 4th

What happened this week?

Caribbean Tourism Organization (CTO) launches a regional tourism education and awareness campaign (RTEAC) on climate resilience

The Barbados-based Caribbean Tourism Organization (CTO) has launched a regional tourism education and awareness campaign (RTEAC) aimed at fostering a discussion on climate resilience and sustainability on both the regional and international stage. The campaign will run for seven months through November 2018 as part of a series of activities delivered in support of the Climate Smart and Sustainable Caribbean Tourism Industry (CSSCTI) Project with funding from the Caribbean Development Bank (CDB) via the African Caribbean Pacific, European Union, Caribbean Development Bank Natural Disaster Risk Management (ACP-EU-CDB NDRM) in CARIFORUM Countries Programme... Read more

Interesting Facts

Regional project working to make Caribbean fisheries climate-smart     

Fisheries experts from Dominica, Grenada, Haiti, Jamaica, Saint Lucia and Saint Vincent and the Grenadines met in Kingstown, St Vincent to explore options for a climate-smart fisheries monitoring system and a related fisheries and environment database.
The experts met at a two-day workshop organised by the Caribbean Regional Fisheries Mechanism (CRFM) to support the roll out of the Fishery-Related Ecological and Socio-Economic Impact Assessments and Monitoring System project. The project is an initiative under the Regional Track of the Caribbean Pilot Programme for Climate Resilience (PPCR), funded by the Climate Investment Funds through the Inter-American Development Bank, and managed by the University of the West Indies’ Mona Office for Research and Innovation. This data-driven project under the PPCR recognises that Caribbean fisheries are under serious threat due to climate change, and focuses on information strengthening to facilitate climate smart planning for the sector... Read more    

Policy Developments and Outlook
U.S. House advances Disaster Reform Recovery Act 

The U.S. House of Representatives recently advanced the Disaster Recovery Reform Act (DRRA), which proposes broad reforms at the Federal Emergency Management Agency (FEMA). DRRA would increase the emphasis on pre-disaster planning and mitigation to reduce the potential for future loss of life and address the rising costs of disasters. For example, the legislation would increase the federal investment and focus on pre-disaster flood and hurricane mitigation to fund projects such as flood proofing hospitals, emergency operations and first responder bases of operation, and protecting critical infrastructure and utilities... Read more  

Jamaica developing disaster risk financial management policy

Prior to the end of the Precautionary Stand-By Arrangement with the IMF Jamaica will develop, with the technical assistance of multilateral partners, a Public Financial Management Policy for Natural Disaster Risk combined with a ten-year operational plan for its implementation that takes into account fiscal space and other limitations. The Minister of Finance and the Public Service, Dr. Nigel Clarke made the announcement in his address to the 32nd Annual Sales Congress of the Caribbean Association of Insurance and Financial Advisors in Montego Bay Sunday night. He noted that in achieving and maintaining economic independence Jamaica must take account of its realities and pointed out that taking ownership means taking responsibility. A part of this reality, he said, is that, based on the island's geographic location, it is subject to natural disasters and the incidences of these have been increasing over time.. ... Read more  

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