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(CMC) – Prime Minister Dr. Keith Mitchell Tuesday said action is needed to reverse the impact of climate change on small island developing states (SIDS) like those in the Caribbean.
“It cannot be business as usual, we need to act now so that future generations will applaud us for the action we take now to protect our planet,” Mitchell told delegates attending the Green Climate Find (GCF) Fractured Dialogue with the Caribbean.
The meeting here will provide the delegates from all the Caribbean Community (CARICOM) countries, regional and international donor organisations to reflect on progress and capture lessons learned towards strengthening and streamlining as well as exploring investment opportunities that fit into the fund’s mandate.
Mitchell told the second structured dialogue that there was need for decisive immediate action to reverse some of the impact of climate change.
“There is a short window to protect against catastrophic activities,” he told the participants while reminding them of the natural disasters that devastated many of the northern Caribbean countries during the 2017 hurricane season.
Mitchell said Grenada would continue to be a champion for matters affecting small island states, adding “Grenada will continue to be a champion of sustainable development for small island states because in a space of a few hours everything can change with one incident”.
During his address, Mitchell said it was necessary for donor countries to revise their lending policies that focus on gross domestic product (GDP).
“It is easy to sit and go by the books to qualify and unqualify countries for certain things but things can change quickly,” he said.
The four day meeting will focus on a number of areas including Increasing understanding of the GCF’s modalities and the strategic opportunities for Caribbean countries; understanding countries’ needs and take stock of progress achieved since the last Caribbean Structured Dialogue; updating the regional roadmap for strategic engagement with the GCF and enhancing the country ownership of GCF projects.
There will also be discussions on enhancing private sector engagement in the GCF portfolio targeting immediate opportunities presented by Caribbean countries, and providing a platform for sharing best practices and lessons learned among Stakeholders
The GCF is a unique global platform to respond to climate change by investing in low-emission and climate-resilient development.
It was established to limit or reduce greenhouse gas emissions in developing countries, and to help vulnerable societies adapt to the unavoidable impacts of climate change.