Climate Week Concludes With Landmark Climate Finance Forum in Belize City

The events and activities commemorating Climate Week officially closed this morning following five days of intense discussions and meetings.  A closing ceremony took place at the Grand Resort in Belize City with a climate finance forum with a wide cross section of participants.  According to the Minister of State for Finance, Chris Coye, this morning’s forum was a first of its kind.

Christopher Coye, Minister of State (Ministry of Finance): “The intent and expectation is that um as we look at building climate resiliency alongside economic resiliency that we get that support from these development partners. The task is a  humongous one in terms of the financial gap. I mean we’re talking over a billion dollars for us to meet our nationally determined contributions over the next 10 years. So for us it’s important to have that partnership with these types of bodies but also with the private sector. You might be aware that as an example we are in the process of enacting carbon markets law. We are hopeful to  be able to attract private capital through that effort.  to support.”

Among the participants in today’s climate finance discussion were representatives from the World Bank and the Caribbean Development Bank.