The Caribbean region is highly susceptible to the effects of climate change, and the region has already begun to experience the devastating consequences of a warming world. Some of these environmental changes include rising sea levels, more intense hurricane seasons, and extended dry seasons resulting in reduced wet seasons. These effects directly impact Caribbean economies,…
The majority of the Caribbean Development Bank’s (CDB) Borrowing Member Countries (BMCs) have achieved key development milestones in the post-independence era, including relatively high human development indices and middle-income status. Nonetheless, BMCs continue to face significant socio-economic and climate challenges. These include low and variable economic growth; unsustainable debt and weak fiscal management; high unemployment;…
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