US$200m needed to cope with climate change
To function at full capacity and help the region to safeguard against the impending threats of climate change, the Caribbean Community Climate Change Centre (CCCCC) needs more than US$200 million.
Outlining some of the organization’s challenges, programme manager of the CCCCC, Joseph McGann, told the SATURDAY SUN that the centre required a significant amount of investment “and that investment is not available on the shelf”.
“We have to go out and solicit. Right now we have a portfolio of projects worth about US$200 million that we are trying to mobilize resources for. That is projects within the Implementation Plan and there are others that we have not included yet in that portfolio,” explained McGann.
The Implementation Plan is one component of the overall European Union (EU)-funded Global Climate Change Alliance Project launched in the region in July 2007. (MM)