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Created 08 July 2014

As the costs of climate change continue to mount, officials with the Commonwealth grouping say it is vital that Small Island Developing States (SIDS) stick together on issues such as per capita income classification.

Deputy Commonwealth Secretary General (Economic and Social Development) Deodat Maharaj told IPS the classification affects the ability of countries like Antigua and Barbuda, Grenada and others to access financing from the international financial institutions.

“To my mind, the international system has to take special consideration of countries such as Antigua and Barbuda, Grenada and others,” he said.

“The example I like to use is the example of Grenada. You would recall Hurricane Ivan about 10 years ago. It damaged about 70 percent of the housing stock in Grenada. It cost a billion U.S. dollars in damages, equivalent to two years GDP.

“So the countries in the Caribbean can move from high income or middle income to almost zero income with an economic shock or natural disaster,” Maharaj added.

Maharaj, whose appointment took effect earlier this year, said the Commonwealth is preparing “an analytical framework based on research, a case, so that countries such as Grenada when there is a natural disaster their international debt obligation for a particular period of time will be suspended so that they don’t have to continue to pay their debt when it is that they have suffered a natural disaster.”

On the issue of collaboration, one of only three female prime ministers in the Caribbean has reaffirmed her country’s commitment to dealing with climate change and all the issues associated with the global phenomena.

“I would like to reaffirm my strong belief in collaboration with other nations,” Sarah Wescot-Williams, the prime minister of St. Maarten, told IPS.

“Economic issues have forced us to look at ways and means of getting together and we are working collaboratively with other Caribbean nations to mitigate the effects of climate change as well as social issues of unemployment, crime and health.”

Source: For the Caribbean, a United Front Is Key to Weathering Climate Change