Caribbean Region

Caribbean small island developing states (SIDS) are building on a strong history of collaboration on climate change—sharing tools, data, and experiences—to improve regional resilience and response to climate impacts along vulnerable coasts and inland.

INVESTING IN THE CARIBBEAN

The PPCR is supporting six Caribbean SIDS—Dominica, Grenada, Haiti, Jamaica, Saint Lucia, and Saint Vincent and the Grenadines—through a regional program comprised of individual country plans and a regional track for a total of $160 million in grants and near-zero interest loans.

Regional activities are designed to facilitate information flow and economies of scale across countries. They include improving geospatial data and adaptation planning, consolidating regional climate monitoring platforms, downscaling climate projection models and maps, and replicating successful adaption measures in key sectors.

FACTS ABOUT CARIBBEAN REGION

Communities, infrastructure, and activities crucial to SIDS’ economies, including tourism, farming and fisheries, are vulnerable to the devastating effects of extreme weather and rising sea levels

40%

average contribution to GDP from tourism in many SIDS countries

Projects in Caribbean Region

NAME FUND FUNDING (USD MILLION) COFINANCING (USD MILLION) MDB
  Investment Plan for the Caribbean Regional Track FUNDPilot Program for Climate Resilience COFINANCING (USD MILLION) 10.39 FUNDING (USD MILLION) MDBIADB  

TRANSFORMING VISION INTO ACTION

The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together, they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.