This pivotal event will see Caricom Member States advocating for urgent climate action and robust financial commitments to address the unique vulnerabilities of Small Island Developing States (SIDS).
Caricom’s approach to COP29 is anchored in the principles of limiting global warming to below 1.5°C, emphasizing science-driven action and reinforcing the special circumstances of SIDS.
It is a landmark year for financing as Caricom seeks to secure a climate finance goal that guarantees access for SIDS to grant-based or concessional finance, especially for Adaptation and Loss and Damage respectively, through minimum allocation floors and highest levels of concessionality for SIDS.
In preparation for COP29, Caricom will continue its advocacy at several key events, with coordinated messaging.
To enhance the Region’s representation and coordination, the region has identified Ministerial Champions for key negotiation areas: Just Transition (Trinidad Tobago), Finance and the New Collective Quantified Goal (NCQG) (Belize), Global Stocktake (Grenada), Markets (Suriname) and Adaptation (Dominica).
These ministers will spearhead high-level political advocacy at the upcoming negotiations and engage in key bilateral meetings in the margins, to ensure Caricom priorities are recognized and reflected in COP29 outcomes.
Unified Regional Voice
At their 47 Regular Meeting held in July, Caricom Heads of Government reiterated the importance of unified advocacy and messaging in the annual climate negotiations, emphasizing the urgency of climate action and a robust climate finance goal to meet the needs of SIDS.
This is crucial as Member States of Caricom repair the damage from Hurricane Beryl, whose record strength in June resulted in hundreds of millions of dollars in damages at the start of the annual Atlantic hurricane season.
The Community is expected to have a strong presence at COP 29, including Heads of Government, Ministers, negotiators, youth delegates, and experts from the Caricom Secretariat and other regional institutions.
