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Caribbean Leaders Discuss Debt for Climate Adaptation Swap, Caribbean Resilience Fund

1 October 2019: The UN Economic Commission for Latin America and the Caribbean (ECLAC) Executive Secretary, Alicia Bárcena, highlighted the potential of a ‘Debt for Climate Adaptation Swap’ initiative during several events that convened during the UN Climate Action Summit and the 74th session of the UN General Assembly’s (UNGA) High-level Week. ECLAC has advocated for such an initiative at a number of events leading up to the 2019 Secretary-General’s Climate Action Summit. According to ECLAC, the Caribbean region has experienced over 385 climate-related disasters since 1990. Since 2000, the region has suffered eight disasters with an annual cost of between 33% and 200% of the affected countr

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