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Caribbean Regional Preparatory Meeting

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Facilitating access to credit on affordable terms; ... Establish debt management policies and programmes. Ensure follow-up of the Monterrey Agenda ... – PowerPoint PPT presentation

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Title: Caribbean Regional Preparatory Meeting


1
Caribbean Regional Preparatory Meeting
  • Synthesis of National Reports

2
Purpose of Presentation
  • to build consensus on common issues and
    constraints re implementation of SIDS/POA
  • to identify best practice and strategies with
    potential for replication
  • to build consensus on an agenda and negotiating
    strategy for Mauritius

3
Main Conclusions
  • Caribbean SIDS are highly vulnerable
    (economically, environmentally, and socially)
  • Vulnerability is the result of strictures of
    smallness, openness and dependency
  • Characteristics/causes of vulnerability not fully
    understood by key decision-makers
  • Lack of understanding has increased
    vulnerability
  • Implementation of resilience-building strategies
    delayed.

4
Main Conclusions (contd)
  • Utility of SIDS/POA as a resilience-building tool
    not sufficiently recognised
  • SD initiatives not consciously driven by or made
    responsive to SIDS/POA
  • SIDS/POA has heavy environmental bias
  • SIDS/POA needs to be broadened to take account of
    economic and social imperatives.

5
Common Challenges
  • Lack of capacity most pervasive and critical
    constraint
  • Capacity deficiencies made worse by absence of
    clear development plans and strategies that
  • Quantifies and makes effective use of existing
    capacity
  • Sets out plans to create additional capacity
  • Takes a/c of regional and international
    opportunities for short-term capacity boost.

6
Capacity Challenges (contd)
  • Economic planning and management
  • National and regional planning
  • Financial management
  • Policy cycle management
  • ICT management
  • Negotiating (trade,environment, finance)
  • Energy planning and management
  • Applied research
  • Resource management (natural, human, financial)

7
Trade-related challenges
  • Managing accelerated globalization
  • Internalizing opportunities while mitigating
    threats
  • Effectively linking with global economy
  • Optimizing use of existing comparative/competitive
    advantage
  • Building the capacity of firms to trade
  • Understanding and internalizing international
    trade rules
  • Effectively influencing the formulation of
    international trade rules

8
Challenge of international competitiveness
  • Firms trade, not governments!
  • Governments must create the conditions for firms
    to trade including
  • Removing tariff and non-tariff barriers to
    business development and trade
  • Facilitating access to credit on affordable
    terms
  • Fostering the growth of entrepreneurial capacity
  • Facilitating the implementation of the CSME
  • Facilitating active participation by the private
    sector and civil society in bilateral and
    multi-lateral trade negotiations.

9
The Challenge of Energy Management
  • vulnerability deepened by unnecessarily heavy
    dependence on fossil fuels
  • demand depletes foreign exchange reserves
  • Volatility in energy market prices weakens
    competitiveness productive sectors
  • Need for an energy policy and strategy that
    promotes
  • Energy efficiency
  • flexible options for generation/distribution of
    energy
  • effective regulation of the energy sector
  • Application of renewable energy and efficient
    technologies.

10
Building resilience to social vulnerability
  • High levels of unemployment and under-employment
  • Relatively high rates of poverty
  • Reduced levels of labour force participation
  • Changing family structures and in composition of
    the workforce
  • Increasing levels of crime especially among the
    youth
  • Declining participation of males in formal
    education
  • Weaknesses in law enforcement
  • Increase in substance abuse especially among
    youth.

11
Social vulnerability
  • Expanded provision of economic and educational
    opportunities
  • Improved enforcement of legislation
  • Scientific research into the nature and causes of
    crime
  • Expanded safety net to provide relief to exposed
    groups
  • Targeted support for development of
    micro-business

12
Challenge of environmental vulnerability
  • Increased vulnerability to natural and man-made
    disasters such as climate change and extreme
    weather events
  • Thin freshwater lenses that are easily
    contaminated
  • High susceptibility to water stress
  • Fragility of eco-systems to pests, disease and
    human activities
  • Limited financial, technical and administrative
    capacity to cope with CC/CV
  • Extensive interface between land and sea.

13
Resilience to Environmental Vulnerability
  • Integrated Development Planning techniques and
    approaches
  • Development of SD indicators
  • Development and validation of Vulnerability
    indices
  • Development of integrated policies and strategies
    for land, water, coastal zone, marine space
  • Design of disaster management strategies
  • Development of waste management policies and
    strategies.

14
Challenge of Governance
  • Facilitating active participation of civil
    society in decision making (Barbados Social
    Compact)
  • Building the capacity of CSOs for effective
    participation in governance
  • Promote accountability and transparency
  • Strengthen capacity of law enforcement especially
    the judiciary
  • Strengthen national coordinating mechanisms
  • Develop public-private partnerships
  • Sustained PEA

15
Challenge of Financial Mobilization
  • Examine best practice for financing for SD e.g
    Green Fund/Environmental Levies etc.
  • Promote use of international mechanisms e.g CDM,
    GEF Debt for Nature Swaps Economic Rents
  • Build capacity of development agencies in project
    cycle management and programme management
  • Establish debt management policies and
    programmes.
  • Ensure follow-up of the Monterrey Agenda
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