Unit for Sustainable Development and Environment – Caribbean Division

Climate Risk

Jean Marc Racine and Marco Alcaraz

Project Managers

Climate Risk: Key Challenges

Loss of lives and Property Set-backs in National Economy: loss of capital, lo

ss of income Diversion/delays in Public and Private Sector

Investments Fiscal difficulties (loss of revenues, increased bor

rowing) All of the above will be affected and/or

aggravated by Climate Change.

Addressing the Challenges

Preparedness/Response Risk Management

Vulnerability Identification & Analysis Risk/Vulnerability Reduction Risk Transfer

Public Education, Awareness Adaptation: Living with Risk

OAS/USDE Responses

Focus on Vulnerability and Risk Reduction as part of Development planning and Investment

Since 1992: Caribbean Disaster Mitigation Programme (USAID funded); CDMP (1993-99); Post Georges (2000); Post Lenny (2001).

OAS/USDE Responses

Support to Disaster Mitigation Facility at the CDB

Collaboration with CDERA in Caribbean Hazard Mitigation Capacity Building Program (CHAMP)

Collaboration with CARICOM in Climate Change Adaptation : CPACC (1997-2002); MACC (2003-2007); St Vincent & the Grenadines Enabling Activity (2004).