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Conservation and sustainable use of marine biodiversity of areas beyond national jurisdiction

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

March 4, 2023 marked a historic moment for the world’s ocean. After a marathon of intense, sometimes overnight negotiations, Member States of the United Nations agreed on the provisions of a treaty on the conservation and sustainable use of marine biodiversity of areas beyond national jurisdiction (the ocean biodiversity treaty).

With this treaty, a new chapter for equity in the world’s ocean has begun. Almost two decades ago, small island developing states drew the international community’s attention to the governance gap for the ocean areas beyond national jurisdiction and the lack of any comprehensive regime to adequately regulate human activities in those areas. That gap posed a direct or indirect threat to the health of the marine environment including marine biodiversity with knock on impacts for coastal nations and the planet. They also pointed to the inequitable use of these areas which SIDS consider to be the common heritage of humankind. From 2004 to 2015, together with other developing countries and the support of non governmental organizations, the SIDS led efforts to make the case for a new treaty. By 2018, that case was filed and an intergovernmental conference convened with a view to adopt a first ever ocean biodiversity treaty.

From the outset, CARICOM demonstrated its leadership in the process with the region’s representatives serving in different roles from the phases of the Preparatory Committee that determined the elements of the treaty, through to the five sessions of the Intergovernmental Conference that finalized the treaty itself. More importantly, its political leaders demonstrated the highest level of support for the conclusion of an ambitious framework for the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction, with a view to enabling equity and effectiveness. In a final statement ahead of the fifth intergovernmental conference, CARICOM Leaders declared their support for:

(a) a fair and equitable benefit sharing regime, including monetary and non-monetary benefits, for marine genetic resources of areas beyond national jurisdiction and digital sequence information on marine genetic resources that ensures all humanity for generations to come will benefit from utilisation of those resources and information;

(b) an inclusive transparent consultative process guided by science for the establishment of area-based management tools, including marine protected areas;

(c) a robust threshold and transparent process for the conduct of environmental impact assessments, with global oversight for activities that may be allowed and an agreed decision-making standard for activities that should not be allowed;

(d) adequate, accessible, sustainable and predictable financing to support implementation of the BBNJ Agreement while delivering capacity-building and the transfer of marine technology to developing countries, in particular for SIDS and be responsive to their needs and priorities;

(e) additional funding arrangements for a liability mechanism;

(f) an effective framework of institutional arrangements that will support the provisions of the Agreement and ensure decision making based on the best available scientific information and incorporate the traditional knowledge of Indigenous peoples and local communities, facilitate effective capacity building and transfer or marine technology, and ensure the required generation of, access to, and use of funding towards the aims of the BBNJ Agreement; and finally;

(g) due recognition of the special circumstances of SIDS as an operational principle of the Agreement.

CARICOM welcomes the conclusion of the intergovernmental conference and the adoption of the ocean biodiversity treaty. It takes note with appreciation that the provisions of the treaty have met the region’s core objectives. Importantly, CARICOM recognizes that this new treaty lays a formidable foundation for the fair, equitable and sustainable use of the ocean and its resources in areas beyond national jurisdiction. CARICOM will begin consideration of the next steps to become a party to the treaty and looks forward to the continued support of the international community in bringing the treaty into force and effect, and promoting its universality.

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IOC President holds talks with the President, Prime Minister of Barbados

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

The future of sports in Barbados, gender disparity in sports, duty-free access to sports equipment, the achievement of the United Nations Sustainable Development Goals, and a proposal to make road tennis an Olympic sport were among the topics discussed Thursday when the President of the International Olympic Committee (IOC), Thomas Bach, OLY, paid a courtesy call on Prime Minister Mia Mottley, at Ilaro Court.

In the meeting, which lasted approximately 30 minutes, Prime Minister Mottley reiterated her Government’s commitment to sports development, noting that steps are being taken to install lights at all the hardcourts and playing fields on the island, to install bleachers at one playing field in each parish, as well as refurbish the National Stadium. Those attending the meeting included Minister of Youth, Sport and Community Empowerment Charles Griffith, Permanent Secretary Yolande Howard, and Director of Sports, National Sports Council, Neil Murrell.

Regarding road tennis, which is indigenous to Barbados, Prime Minister Mottley said that the Government is committed to attracting international appeal for the sport, noting that it has already been introduced to Rwanda.

“It is the perfect sport for poor people and for inner cities… It has the potential in my view to be able to democratize access for ordinary people, in a way that many other sports cannot,” PM Mottley stated as she requested the IOC’s help in taking road tennis to the world.

She added, “Hopefully today would come to be regarded, the 9th of March, as the future of global world tennis”.

In response, President Bach pledged the IOC’s support to develop a strategy to build a federation and make road tennis more international. Meanwhile, commenting on the Prime Minister’s concern about gender disparity, including the pay difference between male and female athletes, and the broadcast quality of female sports like cricket, Bach said the IOC is doing its part to address disparity among athletes.

He revealed that at the Paris 2024 Olympics, there would be full gender parity for the first time. He said there would be the same number of events for male and female athletes. He added they are encouraging the international federations to provide more opportunities for mixed events, allowing smaller National Olympic Committees the best chance to participate. His remarks came as he disclosed that the IOC has been able to appoint equal numbers of men and women to all their commissions. Additionally, Bach indicated that the IOC is willing to use its digital platforms to broadcast more women’s sports to the world.

Following the meeting with the Prime Minister, Bach, who was re-elected as President for a second four-year term in March 2021, also called on the President of Barbados, the Most Honourable Dame Sandra Mason. He had a fruitful discussion with Her Excellency, the BOA’s patron, about sports development in Barbados.

President Bach was accompanied to the meetings by the President of the Barbados Olympic Association, Sandra Osborne, the Secretary General, Erskine Simmons and the President of Panam Sports, Neven Ilic.

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The OECS and the AFD Sign a Strategic Memorandum of Understanding

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

Dr. Didacus Jules, director general of the Organisation of Eastern Caribbean States (OECS), Charles Trottmann, Head of the Three Oceans department of the Agence Fran?aise de D?veloppement (AFD), and ?tienne Francis, ambassador of France to the Eastern Caribbean states, Barbados and the OECS, met in Gosier, Guadeloupe on Wednesday, to sign a historic memorandum of understanding between the OECS and the AFD.

The OECS is dedicated to economic harmonization, regional integration and cooperation by contributing to the sustainable development of its 11 members, and by facilitating the integration of member states into the global economy and maximizing the benefits of their cooperation and collective action.

The OECS coordinates and harmonizes policies and programs in the region. Priority issues in the region are addressed through cooperation with multilateral and bilateral development partners, such as the AFD, a public financial institution that helps implement French international cooperation policy.

After a first collaboration in the framework of the Recycle OECS Project, financed with 2.5 million euros by AFD on ?uropean delegated funds since the beginning of the year, the two partners agreed to expand their relations in order to implement joint projects and programs where their strategic priorities are aligned.

The objective of this Memorandum is to establish the framework of this cooperation as well as the specific sectors to be prioritized. The selected themes are human development (health and social protection, education, gender equality), preservation of natural capital (climate change, biodiversity or circular economy), and strengthening the role of private actors in regional economic development.

To achieve this goal, the OECS and AFD plan to pool their resources and expertise and share their knowledge and innovative ideas for a more integrated and interconnected Caribbean basin.

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Civil Society: New IPCC report must signal to polluters their time is time up

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

The Intergovernmental Panel on Climate Change (IPCC) Synthesis Report under the Sixth Assessment Cycle will be released on 20 March following negotiations next week by governments on the ‘Summary for Policymakers’.

The report will gather and distill scientific evidence from the IPCC working group reports and special reports published between 2018 and 2022. It will be the last such report from the IPCC in this cycle until further reports are published under the next assessment cycle, which could be only in 2027 or 2028.

Culminating with this Synthesis Report, the science from the IPCC is crucial evidence to governments for this decade on the current state of the climate crisis. It must serve as a warning to polluters that their time is up.

The window of time to keep global temperatures below 1.5?C is fast closing in. Current climate targets put the world on a 2.8?C pathway by 2100. A rapid equitable fossil fuel phase out must be top priority for all governments while scaling up investments in renewables and energy efficiency measures. Wealthy nations must substantially increase their international climate finance based on their fair share.

Past reports under this assessment cycle have underlined the dire situation and stated unequivocally that greenhouse gases – from the reliance on fossil fuels, industrialization and land-use – is driving up emissions and causing unprecedented levels of global heating.Human actions have caused the last decade to be the warmest decade in the last 125,000 years. Sharpening inequities show that the richest 10% of households contribute about 36%-45% of global greenhouse gas emissions.

Communities in many vulnerable regions will experience the limits of adaptation even before 1.5?C warming and sea-level rise poses an existential threat to some small islands and low-lying coastal areas. Nearly 3.6 billion people worldwide are now climate vulnerable. than 1.5 degrees – incremental change is by far not enough.” – Manfred Treber, Senior Adviser Climate/Transport, Germanwatch

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Canada’s top general concerned military lacks capacity to lead Haiti mission

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service
Canada’s Chief of the Defence Staff, General Wayne Eyre looks at Prime Minister Justin Trudeau during a ceremony at the National Military Cemetery in Ottawa, Ontario, Canada May 13, 2022. REUTERS/Blair Gable

Canada’s top general said he was concerned that his country’s armed forces, already stretched thin by support for Ukraine and NATO, do not have the capacity to lead a possible security mission to Haiti.

Haiti’s government and top United Nations officials have called for an international force to support Haitian police in their struggle against gangs, which have become the de facto authorities in parts of the country.

White House national security adviser Jake Sullivan in January said it was critical to identify a country to take the lead and said Canada had expressed an interest in that role, but Prime Minister Justin Trudeau has not committed to it.

Canada over the past year has spent more than C$1 billion ($724 million) in military assistance to Ukraine. Now Canada is preparing to nearly double its presence in Latvia, which shares a border with Russia and Belarus. Ottawa announced new procurement for the mission on Thursday.

“My concern is just our capacity as we rebuild, as we move to brigade level in Latvia,” Chief of the Defence Staff Wayne Eyre told Reuters in his office in Ottawa on Wednesday. “There’s only so much to go around. … It would be challenging.”

Canada last year budgeted a slight increase in defence spending over five years, but it still spends far less – about 1.3% of annual output – than the North Atlantic Treaty Organization asks, which is 2% of gross domestic product.

The armed forces are struggling with recruiting and donations to Ukraine have cut into some military stocks, Eyre said.

Officials in Ottawa say the United States has lobbied hard for Canada to take on the role, and President Joe Biden may carry that message again when he visits later this month.

Haitian gangs have expanded their territory since the 2021 assassination of President Jovenel Moise. The resulting violence has left much of the country off-limits to the government and led to routine gun battles with police.

Haiti has a long history of foreign military footprints on its soil, including a 1915 U.S. occupation that lasted 20 years, and more recent U.N. and U.S. troop deployments following political turmoil and natural disasters, some of which led to allegations of abuse.

Trudeau has repeatedly said a solution rests in the hands of Haitians, a position Eyre reiterated.

“The solution’s got to come from the host nation itself,” Eyre said. “They have to own the solution.”

Canada has sent armored vehicles to Haitian police, and it has two small ships patrolling the coast. It has also sanctioned several former politicians and gang leaders.

Canada’s military is “actively planning” expanding to brigade strength in the North Atlantic Treaty Organization’s defense mission in Latvia, called Operation Reassurance, which it leads, Eyre said.

That will mean participation of about 2,000 Canadian soldiers, alongside those from other countries, Eyre said, up from its current deployment of 700 to 1,000.

Canada Defence Minister Anita Anand on Thursday announced plans to purchase portable anti-tank missile systems, counter uncrewed aircraft systems, and air defence systems for the Latvian mission.

($1 = 1.3803 Canadian dollars)

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Haiti police pursue new suspects in presidential slaying

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

Authorities in Haiti have identified new suspects in the July 2021 killing of President Jovenel Moise, including a pastor and a well-known gang leader.

Police spokesman Garry Desrosiers said in an interview Friday with Radio Television Caraibes that warrants also have been issued for eight police officers.

None of the new suspects have been arrested, and it wasn’t clear what alleged roles they might have played.

Desrosiers identified the gang leader as Vitel’Homme Innocent, leader of the Kraze Barye gang, which roughly translates to “breaking barriers.” He is also sought by the FBI, which accused him of helping kidnap 17 U.S. missionaries in October 2021.

Desrosiers did not provide further details, and he did not immediately return a message for comment.

Before the new arrest warrants were announced, more than 40 suspects had been detained in the case, including at least 18 Colombian ex-soldiers accused of raiding Moise’s private residence in an attack that injured his wife.

Another 11 suspects are in U.S. custody, including a former Haitian senator and other key players.

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Caribbean Nationals to benefit from CDEMA’s Young Professionals Programme

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service
Aleem Mahabir.

The Caribbean Disaster Emergency Management Agency (CDEMA) has launched its Young Professionals Programme (YPP) aimed at involving the region’s youth in Comprehensive Disaster Risk Management.

Trinidadian national Aleem Mahabir and Barbadian Adiel Charles, are the first interns selected to take part in the initiative, which started in February and will continue for six months.

The YPP is initially funded by the United States Agency for International Development (USAID) under the Caribbean Climate Resilience Initiative (CCRI) and will offer participants the opportunity to gain work experience through engagement in all technical programme areas of the CDEMA System.

Adiel, who is no stranger to the CDEMA system, having volunteered her services in 2021 to the Regional Coordination Centre (RCC) to assist in responding to events, holds a BSc. in Industrial Relations, and recently completed her MSc. in Geoinformatics.

She said, “Although I know it has not been a long time since I began my time as an intern at CDEMA, I am truly enjoying the opportunities for development as a disaster and humanitarian professional.”

Adiel Charles

Aleem has been exposed to other regional and international institutions such as the Centre for Renewable Energy and Energy Efficiency (CCREEE), the Inter-American Development Bank and the Food & Agriculture Organization (FAO), working as an Intern and on research projects.

He holds a BSc. Geography and is a PhD candidate in Urban Geography. Commenting on his tour of duty, “Given my studies in Geography and my interest in development research, I see the attachment as a very good opportunity to be working with the premier Caribbean institution which is responsible for disaster risk management in one of the areas of the world prone to different hazards. I am looking forward to drawing the skills learnt to contribute to the region.”

At the end of the programme, the interns will receive a CDEMA “Certificate of Completion” which can be promoted in the region as a means of elevating their opportunities for employability.

Deputy Executive Director of CDEMA, Kester Craig, said “We embrace the youth as agents of change and we are committed to the vision of creating opportunities for their involvement in Comprehensive Disaster Management. We believe that the Young Professionals Programme is a key conduit in CDEMA to develop new leaders in the field through experiential learning.”

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Research finds rising temperatures will limit adaptation options in The Bahamas, with implications for the wider Caribbean

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service
Dr. Carl-Freiderich Schleussner.

New evidence from the European Union’s Horizon 2020 funded PROVIDE project, run by leading climate scientists, urban planners and adaptation experts, shows that rising temperatures will increasingly limit the options available to adapt to climate change in The Bahamas, with increased intensity of tropical cyclones, sea level rise and ocean acidification expected to strain infrastructure and affect people’s livelihoods.

The report emphasises that limiting global temperature rise to 1.5?C, a global goal established in the 2015 Paris Agreement, is fundamental to reducing pressures on resources, and risks to people.

While the latest Intergovernmental Panel on Climate Change findings tell us this goal remains within reach, a very significant gap remains between the emissions reductions that governments have committed to by 2030 and what would be required to get the world on a 1.5?C track. Without significant increases in global mitigation ambition this decade, overshooting 1.5?C limit becomes increasingly likely, at least temporarily.

Impacts of such an overshoot will materialise globally but be particularly consequential for vulnerable regions.

“If temperatures rise over this limit, there is still an option we can bring them back down again if we can get to net zero emissions and get carbon out of the atmosphere,” commented Dr. Carl-Freiderich Schleussner, from Humboldt University and Climate Analytics, who leads the PROVIDE project.

“But it’s really important for people to recognise that some of the changes that occur at these higher temperature levels – like sea level rise for example – may not be reversible. So policy makers need to have this in mind. Reducing our emissions buys us so much on the adaptation front.”

The Bahamas is entirely classified as a coastal zone, due to its low elevation and small land area. More than 70% of the population resides on the capital island of New Province, concentrating much of the population and assets in a small geographic space of 207km2. It, and other small island developing states, are particularly vulnerable to the impacts of climate change with environmental impacts intersect with socioeconomic constraints, like high levels of public debt.

Adaptation and urban planners do not routinely consider the implications of temporary overshoot of 1.5?C and what this would mean locally and regionally for sea level rise, flooding, extreme heat, and other extreme weather events.

“Incorporation of potential overshoots into adaptation planning is crucial to avoid maladaptation”, says Dr. Schleussner.

To share its findings the PROVIDE project has set up an innovative web tool, Climate Risk Dashboard. Built for everyday users and adaptation practitioners alike, users can explore different warming scenarios and its implications, and eventually be able to input their own specifications for adaptation options and see what kind of warming scenarios these correspond with. The final version will be available in 2024.

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Antigua and Barbuda to host major SIDS conference next year

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service

Minister of Foreign Affairs, E. P. Chet Greene was elected Vice President of the Fifth United Nations Conference on the Least Developed Countries (LDC5) in Doha, Qatar.

Greene and the high-level delegation of Antigua and Barbuda were in Doha on a fact-finding mission to facilitate the transfer of knowledge and provide guidance to Antigua and Barbuda on hosting a similar global conference, the Fourth United Nations Conference on Small Island Developing States (4th SIDS Conference) in the summer of 2024.

Greene noted the necessity to collaborate and partner with the government and people of Qatar as an exemplar of their successful hosting of FIFA World Cup 2022 and their demonstration of strong leadership in hosting LDC5.

The team was afforded the opportunity to engage with the secretariat of LDC5 and gained behind the scenes experience associated with hosting the international conference.

Coming out of a bilateral with Alya Ahmed Saif Al-Thani, Permanent Representative of the State of Qatar to the United Nations, a commitment was made to offer support to the Government of Antigua and Barbudan in hosting the 4th SIDS Conference.

The minister expressed his profound gratitude to the people and Government of Qatar for its continued generosity for providing travel and accommodations to the delegation of Antigua and Barbuda at LDC5 and most importantly for its commitment of support towards the 4th SIDS Conference.

The 4th SIDS Conference will bring together World Leaders, the Private Sector, Civil Society, and youth to generate a holistic approach that will identify challenges and opportunities for the sustainable development and building the resilience of SIDS.

Throughout the five days visit, Greene also held talks with high officials from the United Nations including the interim Executive Director of UNOPS who made commitments to support Antigua and Barbuda’s hosting of the 4th SIDS Conference and to provide technical support to Antigua and Barbuda’s national development efforts. While in Doha, the delegation of Antigua and Barbuda actively participated in various meetings and key events.

Walton Webson, Ambassador and Permanent Representative of Antigua and Barbuda to the UN, led discussions at an event on the development of a Multidimensional Vulnerability Index (MVI) where Prime Minister Browne is currently the Co-Chair of the High-Level Panel of Experts on the development of the MVI.

Tumasie Blair, Deputy Permanent Representative of Antigua and Barbuda to the UN was elected Rapporteur-General of LDC5 and delivered the report of the Conference at its closing.

Other members of the delegation included Karen Cabral, Chief Protocol Officer within the Ministry of Foreign Affairs, Claxton Duberry, First Secretary at the Permanent Mission of Antigua and Barbuda to the UN, Lance Browne, Consular Officer within the Ministry of Foreign Affairs and Sheila Roseau, special adviser for the 4th SIDS Conference.

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The Big Thinking of Carbon Credits in Guyana

Black Immigrant Daily News

The content originally appeared on: Caribbean News Service
Dr. Lorraine Sobers is a Fulbright Scholar and currently lectures at the University of the West Indies, St. Augustine. Dr. Sobers has a BS in Chemical Engineering and postgraduate degrees, MS and Ph.D., in Petroleum Engineering from Texas Tech and Imperial College London respectively. She has 18 years’ experience in the energy sector specializing in geologic CO2 storage. Dr. Sobers is the Project Coordinator for CO2 Emission Reduction Mobilisation (CERM) Project and a Fellow of the Caribbean Policy Consortium (CPC).

By Dr Lorraine Sobers

John Hess, CEO of Hess Corporation, speaking at the recently concluded International Energy Conference and Expo Guyana, explained to the audience that “Carbon credits provide financial incentives to preserve forests and biodiversity that are at risk to growing economic activities and demand for natural resources.”

The purchase of carbon credits by an oil producer within the jurisdiction of its operations is direct as any carbon emission offsetting arrangement can be. In December 2022, American-based Hess Corporation announced that their company will purchase US$750 million in carbon credits, over a 10-year period. Hess Corp is currently a consortium partner in the prolific oil-producing Stabroek Block, located offshore Guyana. These carbon credits are intended to help conserve Guyana’s lush rainforest which consume CO2 and release oxygen into the atmosphere. In the simplest terms, carbon credits are a mechanism to obtain waste disposal services for CO2.

I remember booking my first online flight, with my first credit card in hand, to travel to Trinidad while a student at Texas Tech University. The travel website offered the sale of carbon credits to offset emissions attributed to my 3000-mile flight from Lubbock, Texas to Piarco, Trinidad, with a stop or two along the way. “Would you like to purchase carbon credits to offset your trip?” the screen prompted, with the options, ‘yes’ or ‘no’. A similar question is posed to corporations and countries worldwide “Would you like to purchase carbon credits to offset your operations?”

The United Nations’ Reducing Emissions from Deforestation and Forest Degradation (REDD+) program, established in 2007 under the Paris Agreement, facilitates carbon offsets for forest conservation a larger scale. The program provides guidance for the management of the forest sector to mitigate climate change. REDD+ and its formal mechanism to operate, Architecture for REDD+ Transactions (ART), are outlined in Article 5 of the agreement. A company can offset its carbon emissions by purchasing credits, these funds support projects that promote conservation and forestry.

Guyana’s forests are estimated to store almost 20 billion tonnes of carbon dioxide within 18 million hectares of rainforest, making Guyana a significant carbon sink on the planet. Recently, ART verified 33.47 millions tons of Carbon Credits to Guyana for the period 2016 to 2020; each carbon credit offsets one metric ton of carbon emissions. By purchasing these carbon credits, Hess Corp moves closer to achieving its objective of net zero greenhouse gas emissions by 2050 and Guyana is able to conserve its forest and maintain one of the lowest deforestation rate in the world. This initiative to avoid deforestation is aligned to aim stated in the Paris Agreement to limit global average temperature increase to well below 2 ?C. Under this agreement Guyana and over 100 countries committed to end deforestation by 2030

Several speakers at Guyana’s International Energy Conference and Expo referred to Guyana’s strategy as a model for global sustainable development. Featured speaker, President Dr Irfaan Ali, said, “When we speak about development and transformation and the positioning of Guyana, it is not guesswork…It calls for big thinking.” President Ali hailed Guyana’s expanded Low Carbon Development Strategy 2030 (LCDS) as a document and approach that the world should emulate stating, “The LCDS is not an idea…The LCDS is a demonstration of a practical document and Guyana’s position is to make the LCDS a global model for sustainable development.”

At the forefront of this document is Guyana’s proposed “new ecosystems services economy” which currently focuses on “forest climate services” with future intentions to integrate biodiversity, water management, ocean, and marine resources into these services. The ‘big thinking’ that President Dr Ali refers to includes placing monetary value as carbon credits on natural resources that provide climate services to the planet. It is well known that under the LCDS, the government of Guyana also plans to use funds to support renewable energy and climate mitigation projects.

Vice President Bharrat Jagdeo put forward the argument that Guyana was not only a model for sustainable development, but the country is also able to develop its resources with credibility because of its long time advocacy for climate action and its carbon negative status. Several Guyana government ministers and Trinidad and Tobago’s Prime Minister Dr Keith Rowley and Minister of Energy, Stuart Young, pointed out that developed countries returned to coal fired power stations following the recent gas shortage resulting from the Ukraine-Russia conflict. However, these countries persist in asking developing countries not to develop their hydrocarbon resources, including natural gas, which is a much cleaner burning fuel than coal.

Each Guyanese government official at the conference reiterated Guyana’s credibility and right to produce hydrocarbon because 1) the country needs to develop its resources before peak oil demand, 2) the country needs funds to improve its infrastructure and adapt to climate change, and 3) the country has been doing more than its share for the planet as a carbon sink by maintaining its very large, pristine forest.

If developed countries are displeased with this perspective, they have only themselves to blame. The roll out of funding from the United Nations Framework Convention on Climate Change (UNFCCC) is painfully cumbersome and slow. Vice President Jagdeo stated that other Caribbean countries may be waiting for these promised funds, but Guyana cannot afford to wait. As I said previously, developing countries are footing the bill for climate change. Guyana has presented an innovative way to achieve its low carbon development objectives without sacrificing its progress. This solution may not be applicable to all CARICOM or Small Island Developing States but I hope this approach is a catalyst for at-risk nations to explore affordable funding options that meets national development objectives.

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