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Roban attends Caribbean conference on climate change

Walter Roban, the Minister of Home Affairs (File photograph by Akil Simmons)

The Minister of Home Affairs represented Bermuda at a conference exploring the use of environmentally-focused funds across the Caribbean region.

Attending the second Caribbean Environmental, Social, Governance and Climate Financing Summit held in Trinidad and Tobago on November 29 and 30, Walter Roban participated in a panel discussion entitled ‘The Regional Leadership Session: Can Sustainable and Climate Finance Re-shape Caribbean Economies?’

He was accompanied on the panel, which was moderated by Matthew Perks, chief executive of Energy Events, by James Fletcher, founder and managing director of Soloricon Ltd.

Mr Roban spoke on challenges in the Caribbean region including the need for Caribbean nations to work together to advance climate change and implement appropriate policies to address rising sea levels.

He also discussed the Caribbean region's work to finance, manage and oversee the impact of climate change, and implement appropriate legislation to conserve and protect the environment.

Mr Roban said: "While larger industrial nations will provide some support, all island nations must work together and focus on solving our problems, including building a unified response and strategy to address climate change.

"As an island, Bermuda must stand alongside our sister nations in the Caribbean and work together to address the challenges of climate change.

“We will bear the brunt of rising seawater and other challenges it brings. This summit was an excellent opportunity to reinforce that message and share what Bermuda is doing around our blue economy strategy and maritime environment.”

Walter Roban’s panel discussion centred around five questions:

• Is climate finance flowing in a meaningful and sustainable way to Caribbean economies? What's working and what needs to change?

• What can and should governments do to support good ESG in the private sector?

• Are the multilateral development banks doing enough to support climate finance issuance and debt management strategies?

• Are regional national development plans successfully aligning with sustainable development goals?

• With the dust now settling from COP 27, what was achieved from the perspective of small island states?

Launched in 2021, the event brings together borrowers, lenders and investors to promote the use of environmental, social, governance and climate finance region-wide.

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Published December 09, 2022 at 7:45 am (Updated December 09, 2022 at 7:45 am)

Roban attends Caribbean conference on climate change

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