The Caribbean region is identified as "ground zero for the global climate emergency," with small island developing states (SIDS) facing disproportionate impacts despite contributing less than 1% to global greenhouse gas emissions. Rising sea levels, stronger hurricanes, coastal erosion, and ecosystem changes affect the livelihoods, health, and cultural heritage of many people. These threats endanger coastal resilience, food and water security, and public health, posing significant obstacles to the countries’ national development goals. The Indigenous Peoples and Local Communities (IPLCs) are at the forefront of these realities, managing natural resources, safeguarding biodiversity, and applying generations of environmental knowledge to sustain their territories and way of life. Yet these communities often face disproportionate climate risks, limited access to decision-making, and historical marginalization in policy and development processes.
The Climate Actions for Building Resilience in Coastal Communities in the Caribbean (CABRIC) programme is a transformative initiative aimed at enhancing climate adaptation and resilience in five Caribbean countries: The Bahamas, Belize, Grenada, Jamaica, and Saint Lucia. The project, supported by the Green Climate Fund {GCF) and coordinated by the Caribbean Community Climate Change Centre {CCCCC), focuses on community-based adaptation, nature-based solutions, ecosystem-based adaptation (EbA), and enhanced stakeholder engagement mechanisms.
The Estimates of Revenue and Expenditure is the Government’s financial plan outlining the
revenues to be collected and the planned spending for the upcoming fiscal year. It provides the
general policy and strategic direction of the Government and details the allocation of resources
based on Government functions organized by departments, divisions, cost centres, programmes
and sub-programmes.
The Public Financial Management Act, No. 14 of 2020 provided the legislative authority for the
compilation and approval of the Estimates of Revenue and Expenditure. The Estimates are
prepared in accordance with Government Finance Statistics (GFS) 2014 standards which were
implemented during the Budget Planning process for the fiscal period 2025-2026. The
Estimates are arranged by schedules for recurrent and capital revenue, operating expenditure,
non-project capital expenditure, and project expenditure.
The primary objective of this Public Debt Statistical Bulletin is to provide the public with relevant information and data on the nation’s domestic and external debt positions. The Commonwealth Secretariat Meridian Database System (Meridian) serves as the repository for loan agreements, compiles aggregate data, generates reports on public sector debt, and provides the necessary information used in this report.