The World Bank’s Climate Action Peer Exchange (CAPE), supported by NDC Support Facility (NDC-SF), and the Eastern Caribbean Central Bank (ECCB), and jointly with Caribbean Regional Technical Assistance Centre (CARTAC) held a workshop on “Fiscal Policy for Climate Action in the Caribbean” on Jan 21-23, 2019 in the St. Kitts and Nevis.
The workshop aims to discuss fiscal reforms for a low carbon growth transition in the Caribbean, climate-informed budget processes, and debt and risk management instruments. The agenda includes presentations and discussions on:
- Environmental tax reforms and incentives for renewable energy sources to promote low carbon growth;
- National budgeting and public investment processes to support climate action, including for adaptation and resilience measures;
- Debt structures for climate investments, risk insurance, and other financial instruments.