Monday
November
07 - 18
2022
Time
8:00 a.m.
Time zone
EET

Location
Sharm El-Sheikh,
Egypt
Watch Live
Events

CDB at COP 27

Oct 26, 2022

At COP 27 in Sharm El-Sheikh, Egypt we will continue to advocate for access to adequate and affordable financing for Caribbean nations and other small island developing states (SIDS). Our messaging at COP 27 will be structured around six key themes:

  • Investment
  • Facilitation
  • Adaptation
  • Collaboration
  • Implementation
  • Integration

During the two-week event, members of the CDB delegation will participate in a number of side events, around topics such as climate finance, strengthening SIDS resilience, gender lens investing, water and climate change, and integrated utility services just to name a few.

building in Sharm El-Sheikh, Egypt with blue overlay

 

Speakers

Honourable Pennelope Beckles
Minister of Planning and Development, Trinidad, and Tobago
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Mr. Isaac Solomon
Vice-President (Operations), Caribbean Development Bank
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Ms. Anita Bhatia
Assistant Secretary-General and UN Women Deputy Executive Director, New York
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Mr. Doug Hewson
Managing Director, Portland Private Equity Caribbean
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Ms. Sumayyah Cargill
Strategic Development Manager, Bahamas Development Bank
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Ms. Patricia Francis
Moderator
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Dr. Hyginus "Gene" Leon
President, Caribbean Development Bank
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Mr. Daniel Best
Director of Projects, Caribbean Development Bank
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Ms. Catherine Collin
Senior Adviser, EIB Global
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Ambassador Janine Felson
Senior Advisor to the Alliance of Small Island States and the Caribbean Community on Climate Matters
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Dr. Colin Young
Executive Director, Caribbean Community Climate Change Centre
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H. E. Dr. Didacus Jules
Director General, Organisation of Eastern Caribbean States Commission
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Ms. Valerie Isaac
Coordinator, Environmental Sustainability Unit, Caribbean Development Bank
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Agenda

10:00 a.m. - 12:00 p.m. AST (4:00 p.m. - 6:00 p.m. EET)

Talanoa Dialogue at the Climate Action Stage 

The COP27 Talanoa Dialogue is critically focused on breaking through barriers to public-private action and accelerating investment opportunities in SIDS to achieve our 2030 ambitions as one, global community. 

2:30 a.m. - 3:30 a.m. AST (8:30 a.m. - 9:30 a.m. EET)
8:00 a.m. - 9:30 a.m. AST (2:00 p.m. - 3:30 p.m. EET)

Gender Lens Investing for Caribbean Resilience

The panel will highlight the steps being taken to address the urgent need towards a “big reset” of the region’s ecosystem to account for the gap between countries and people, focusing on the future of public private partnerships to meet the needs of the most vulnerable. It will explore the ways in which multilateral organisations are partnering with governments and the private sector through bold innovative gender smart financing and investments and the positive impact for sustainable development of SIDS. The panel will feature case studies from public and private sector organisations on the impact of such investments on closing existing inequalities and gender gaps.

Event Partner: UN Women Caribbean

11:00 a.m. - 12:30 p.m. AST (5:00 p.m. - 6:30 p.m. EET)

Innovative MDB financing for Adaptation 

Event Co-hosts: United Kingdom's Foreign, Commonwealth & Development Office and European Investment Bank

4:30 a.m. - 6:00 a.m. AST (10:30 a.m. - 12:00 p.m. EET)

Aligning Climate Finance Flows with Caribbean Countries' Climate Resilience Needs

The event will raise awareness about the climate change risks faced by Caribbean countries; highlight the efforts that have been made thus far to adapt; and advance discussions on how the New Collective Quantified Goal (NCQG) on climate finance can better respond to Caribbean countries' needs. 

Event partners: Organisation of Eastern Caribbean States and Caribbean Community Climate Change Centre

5:30 a.m. - 7:00 a.m. AST (11:30 a.m. - 1:00 p.m. EET)

Accelerating Gender-smart and Socially Inclusive Climate Finance through Public and Private Investments 

9:00 a.m. - 10:30 a.m. AST (3:00 p.m. - 4:30 p.m. EET)

A Sea of Opportunity – Water and Climate Change in the Caribbean 

The Caribbean is particularly vulnerable to the impacts of climate change being already greatly affected by the ongoing rise in sea levels, changes in rain patterns and temperatures, and increasing intensity of natural disasters.

More frequent floods and droughts  have already affected the water cycle and have had serious consequences, particularly for those living in vulnerable circumstances, and otherwise marginalized. 

Ensuring universal access to water and sanitation is therefore part and parcel of comprehensive climate resilience policies and actions. 

Water and sanitation policies must be aligned with climate commitments and be included in countries’ Nationally Determined Contributions (NDC) and National Adaptations Plans (NAP).

The low level of climate financing directed at ensuring basic access to water sanitation and hygiene represents only an estimated tenth of climate finance for water-related projects, accounting for less than 0.5% of total global climate finance.[1]

Multilateral, Regional Development banks and other Public Development Banks have climate action at the centre of their mandates but what type of obstacles do they encounter in financing this crucial investments specifically in the water and sanitation sector?  Which innovative solutions have they deployed to overcome some of these obstacles? What barriers are holding back investment? How create an enabling environment for these sectors and the role of non-financial inputs?


[1]  Nathaniel Mason, et.al (2020). Just add water: a landscape analysis of climate finance for water. Overseas Development Institute (ODI).

Source: Agenda - Joint MDB Pavilion @COP27 in Sharm El Sheikh (eib.org)


Event Host: European Investment Bank

Watch live: https://youtu.be/qUbfXvClphI

4:00 a.m. - 6:00 a.m. AST (10:00 a.m. - 12:00 p.m. EET)

Integrated Utility Services – Accelerating the Transition to a Secure and Resilient Energy Sector Within the Caribbean


Event Host: Caribbean Centre for Renewable Energy and Energy Efficiency

9:00 a.m. AST (3:00 p.m. EET)

Investor Forum: Leveraging Climate Finance to Build Caribbean Resilience

Event Host: Caribbean Climate-Smart Accelerator

Our Focus

collaboration implementation integration

Videos

Climate Financing and Gender Lens Investing
Investing for a Greener World
Behind the Scenes in Saint Lucia
Behind the Scenes in Uganda
Behind the Scenes in the Philippines

Event Recordings

A Sea of Opportunity – Water and Climate Change in the Caribbean
Strengthening SIDS Resilience to Climate Risks -Role of PDBs and Central Banks in the Pacific and Caribbean

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