By the Caribbean Climate-Smart Coalition Many of us are still reeling from the devastation caused by Hurricanes Irma and Maria. Our Caribbean countries have experienced deep pain; we lost everything – our homes, our livelihoods, but we certainly did not lose our spirit. Too often we treat our problems with a Band-Aid solution hoping that the next hurricane will not hit. But … [Read more...] about Time for Resilience: Announcing the Caribbean Climate-Smart Accelerator
IDB’s US$1billion commitment to climate-smart investments The President of the Inter-American Development Bank Luis Alberto Moreno and Founder of the Virgin Group, Sir Richard Branson hosted the Caribbean Climate-Smart Accelerator launch, on August 9 at 12PM EST at the University of the West Indies Mona Campus Assembly Hall Kingston, Jamaica. The Most Honourable Andrew … [Read more...] about The IDB partners with the Caribbean Climate-Smart Accelerator to build the first climate-smart zone
Innovation levels in the Caribbean region are relatively low. On average, roughly 19 percent of Caribbean firms reported having engaged in some form of innovation in the past three years. The range varies from the lowest, at 4.8 percent of firms in Dominica, to the highest at 53 percent of firms in Guyana. A higher proportion of firms reported their intention to engage in … [Read more...] about How much do workforce skills matter for innovation in the Caribbean?
Caribbean countries face serious fiscal and debt challenges. As recorded in the most recent OECD Latin American and Caribbean Economic Outlook 2018, two Caribbean countries hold the highest debt in the region: Barbados and Jamaica. Public debt by currency and legislation, circa 2016 (central government, % of GDP) Source: OECD Latin American and Caribbean Economic Outlook … [Read more...] about Are fiscal rules the solution to the Caribbean’s fiscal woes?
Featured image: design composition by Lynn Saghir, Communications and Creative Director, Inter-American Development Bank - Composition made from Shutterstock photos Disrupting the present to write and right the future of the Caribbean The Inter-American Development Bank (IDB)’s video ‘Jump Caribbean’ presents a vision of what the Caribbean can look like in 2040. A … [Read more...] about UWI, IDB partnering to promote innovation and job creation in the Caribbean