
Caribbean officials are urgently seeking increased access to funding and assistance in addressing the impacts of climate change following the devastation caused by Hurricane Beryl. The recent demand was made during an OAS meeting in Washington, D.C., where officials highlighted the vulnerability of small islands in the region. Hurricane Beryl resulted in the loss of at least seven lives in the Caribbean and caused extensive damage to infrastructure on islands such as Grenada and St. Vincent and the Grenadines.
Officials emphasized the urgent need for climate financing to be more readily available, especially for small Caribbean islands that often have fragile economies reliant on tourism and fishing. The resolution approved at the OAS meeting called for the immediate operation of a loss and damage fund to assist vulnerable countries in rebuilding and preparing for future storms. It also urged financial institutions to provide funds to affected nations on a concessionary basis and to consider canceling or rescheduling debt repayments.