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Barbados Inter-American Development Bank Newswire

  • Published on Nov 19, 2024

    Barbados Puts On Good Government Show At COP29–It’s All About Zero Emissions.

    Barbados showed its commitment to good governance and climate resilience at the Ministerial Forum on Green Good Governance during COP29. The forum took place at the Azerbaijan Pavilion in the Blue Zone of the Baku Olympic Stadium. Leaders and experts from …

    Source: The St Kitts Nevis Observer - Neutral
  • Published on Nov 20, 2024

    Straughn says 20-year loan from local banks has favourable terms

    81 Barbados will be paying back almost $10 million every three months for 20 years under the terms of a special $600 million loan it has secured from a trio of Canadian-owned locally operated commercial banks, as part of a debt-for-climate swap.   However, …

    Source: Barbados Today - Neutral
  • Published on Nov 20, 2024

    PM hails groundbreaking $240m debt-for-climate swap

    2 Prime Minister Mia Mottley on Tuesday defended a groundbreaking debt-for-climate swap as a global first that will finance a $240 million upgrade to critical infrastructure, including the South Coast Sewage Treatment Plant, without increasing the national …

    Source: Barbados Today - Neutral
  • Published on Nov 19, 2024

    $600 million for debt for nature swap

    The Barbados Government is preparing to borrow 600 million dollars as it seeks to engage in its second debt for nature swap. The revelation from Minister in the Ministry of Finance, Ryan Straughn, as he moved a Resolution to approve the borrowing of the …

    Source: Caribbean Broadcasting Corporation - Public Broadcaster
  • Published on Nov 19, 2024

    ‘It is feasible’: climate finance won’t burden rich countries, say economists

    Raising money needed to tackle the climate crisis need not be a burden on overstretched government budgets, leading economists have said. The sums needed – approximately $1tn a year by 2030 – are achievable without disruption to the global economy, and …

    Source: The Guardian - Center-left
  • Published on Nov 18, 2024

    COP For Hope: EIB Well Represented At COP29, Sharing Experience To Help Countries In Accelerating Climate Action - VP ...

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, November 18. As part of COP29 in Baku, Trend News Agency proudly presents COP for Hope, a special project offering an unparalleled platform to hear from world leaders and trailblazers in politics, economics, …

    Source: MENAFN - Uncategorized
  • Published on Nov 17, 2024

    Climate finance can be hard sell, says aide to banks and PMs

    Avinash Persaud, special climate adviser to the president of the Inter-American Development Bank, said raising money and getting it to the most in need 'is hard' - Copyright AFP Nick Perry Nick Perry Trillions of dollars are needed to make poorer …

    Source: Digital Journal - Neutral
  • Published on Nov 17, 2024

    Why the IMF is not doing enough to support Africa

    President William Ruto and IMF Managing Director Kristalina Georgieva during a past meeting. [File, Standard] At the 2021 UN Climate Summit, Barbados prime minister Mia Mottley called for more and better use of special drawing rights (SDRs), the …

    Source: The Standard - Uncategorized
  • Published on Nov 16, 2024

    Marine Spatial Plan 80 per cent complete

    61 Barbados’ Marine Spatial Plan (MSP) has reached some 80 per cent completion in data collection, covering 435 marine sites around the island.  Project Manager of the Marine Spatial Planning Unit Allison Wiggins confirmed this milestone during a press …

    Source: Barbados Today - Neutral
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