Those Barbadian businesses and non-governmental organisations (NGOs) that have climate-related project concepts can now get some necessary assistance in developing their proposals.
Interested persons should call Senior Economist in the Economic Affairs Division, Kelly Hunte at 535-1354, or Economist, Richelle Gaskin, at 535-1323, who will connect them to Barbados’ National Climate Finance Adviser.
The Commonwealth Secretariat, under its Climate Finance Access Hub pilot programme, has assigned the adviser to assist in preparing projects and facilitating the required institutional reforms for accessing climate funds, as well as aid in building capacity through training of stakeholders in the public and private sectors and NGOs.
Within recent years, developed countries have provided financing to developing countries to mitigate and adapt to climate change. However, access to these funds has been difficult for developing countries due to many reasons.
The aim of the Hub, therefore, is to facilitate improved access to climate finance resources by these small vulnerable countries to meet their development needs.