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One Trillion Dollars Needed for Climate Crisis; Caribbean calling for Developed Nations to Pay

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By Deandrea Hamilton

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#TheBahamas, August 20, 2022 – Time is running out and the Caribbean, the planet is facing an existential crisis which requires urgent action from the big Carbon emitters; that action involves cutting back and according to negotiators at the table, it is also means cutting cheques.

When four regional prime ministers hosted a finale press conference at the close of the Caribbean Regional Heads of Government Meeting in Nassau, Bahamas on Wednesday August 17, the message was clear and consistent, pointing to a compelling case being built for small islands of the Caribbean to demand hassle-free access and assurances to climate financing.

“Clearly we are at the front lines of the existential issue that climate change presents for us on a daily basis and at certain times of the year,” said Dakon Mitchell, Prime Minister of Grenada, who added, “I think the issue of climate change has gone beyond a moral issue but a justiciable issue and I think that as islands that have borne the brunt of the proven loss and damage arising from the Green House gases that we are entitled to compensation.”

The Caribbean Regional Heads of Government Meeting in Preparation of COP27 hosted by the Commonwealth of The Bahamas was described as an idea whose time had come.  The event, staged at the Baha Mar Resort was praised for amalgamating the forces of the region in a two-day caucus which will birth a document articulating the desires, even demands of a region hardest hit by a climate gone haywire.

“I don’t talk about Climate Change, I talk about the Climate Crisis because this is a crisis,” said Mia Mottley, Prime Minister of Barbados, who was among the four prime ministers in the final press conference.

Mottley, globally renowned now for her unapologetic stance on the disparities and inequitable pressures small island states are made to bear, said time is running out for action to save the planet.

“This is not a case of good COP or bad COP, because whether we have a good COP or bad COP this year or next year, it’s still a death sentence and that’s the point. And the arrogance of the developed world in believing there will not be failed societies or extinct species is what literally galls us.”

Mottley reflected on the volcano eruption which caused a near 100 percent evacuation of all people of Montserrat and she remarked, “I’ve never seen a dinosaur yet, so we know that there is something called extinct species as well. And the reality is that we are playing fast and loose with our future.”

The Caribbean country leaders expressed that it is time for the “culprits” to pay up with fair compensation and non-burdensome loans.

“What we really should be seeking to raise is at least a trillion (dollars), but here’s why:  It’s not just that 30 to 40 percent of that should go to climate adaptation, which only governments can spend on, but the rest of it has to go to Sustainable Development Goals (SDGs).”

Quality, free education and accessible, quality health care were cited as among the human development needs which effectively alleviate poverty.

“The developed world accepted that they are the ones who are causing the warming of the environment through their carbon emissions and they also recognized that we in the developing world and we are speaking of the Caribbean in particular are the major victims of their actions and therefore we are entitled to compensation.  They agreed that they would provide us with $100 billion a year; that was 14 years ago in Copenhagen, they promised to make $100 billion dollars available to us so that we could put systems in place to mitigate against the impact of climate change.  This was supposed to have been materialized in 2020, so we recognized, okay we’re in COVID and everyone has been affected so they’ve put it to 2023,” said Roosevelt Skerrit, Prime Minister of Dominica.

Skerritt candidly shared his frustrations about the unfulfilled promises of those developed nations, explaining that currently the dilemma is in mediation and by now, in a real world situation, this matter would have evolved to a court trial with the victims resoundingly winning the case.

“The reality is that we have to get the developed world to live up to the expectations, because if mediation does not work, then you go back to the judge and say well we couldn’t find agreement and therefore we have to go into open court to deliberate on this matter and let there be a decision.

The Keeping 1.5°C Alive movement reminds that it was the Paris Agreement of 2016 when the international community crafted the ambitious pledge to cool down the planet.  Limiting the global average temperature to 1.5 degrees above pre-industrial levels is the goal, but according to the World Meteorological Organization in a May 2022 report, there is a 93 percent  likelihood of the planet exceeding this goal, at least once within the coming five years.

Participating in the two day meeting were representatives from:  Antigua and Barbuda; Anguilla; Barbados; Belize; Bermuda; British Virgin Islands; Cayman; Cuba; Dominica; Dominican Republic; Grenada; Guyana; Haiti; Jamaica; Montserrat; St Kitts and Nevis; St Lucia; St Vincent and the Grenadines; Suriname; Trinidad and Tobago and the Turks and Caicos Islands.

Meeting host, Philip Davis, Prime Minister of The Bahamas pledged, “At COP 27, our voices will be loud, our voices will be heard and I am certain we will come up with a consensus position as to what we would like to do.”

Davis in that final press event admitted to be cautiously optimistic, “My caution is how the wealthier countries, who are the culprits (if I can call them that) of where we are today are prepared to acknowledge their sins, repent and do what is right in all the circumstances.

I am pleased in what has happened here and I am hoping that one of my colleagues will pick up the challenge to host if (Caribbean Regional Heads of Government Meeting) next year, because we need to do this every year until we get the results that we need.”

Bahamas News

Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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FNM’S $200 CHILD SUPPORT PLAN SPARKS DEBATE AS PLP QUESTIONS FUNDING AND SCOPE

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NASSAU, Bahamas — The Free National Movement has rolled out details of its proposed $200 monthly Working Parent Child Support Initiative, but the announcement has already ignited political debate and prompted clarification from the party.

Leader Michael Pintard said the initiative would provide $200 per month to qualifying caregivers during the first two years of a child’s life, as part of a broader push to ease the cost of living for Bahamian families.

The party estimates the programme would cost between $12 million and $14 million annually, with funding to come from reducing what it describes as excessive government spending — particularly consultancy contracts.

However, the proposal quickly drew scrutiny.

The governing Progressive Liberal Party has challenged the feasibility of the plan, questioning how the payments would be sustained without increasing the deficit or introducing new taxes. The response forced the FNM to further outline its funding strategy, emphasizing that a 21 percent reduction in consultancy spending could fully finance the initiative.

The exchange has highlighted a familiar election-season tension — bold proposals versus practical execution.

Beyond the child support plan, Pintard outlined a wide-ranging policy agenda, including:

  • Removing VAT on select essential goods
  • Constructing 5,000 affordable homes within five years
  • Cutting the country’s food import bill by half
  • Strengthening enforcement against illegal immigration
  • Reforming the nation’s healthcare system

Pintard also took aim at the current administration, accusing it of mismanaging public funds and awarding more than $400 million in contracts without competitive bidding — claims which have further fueled political back-and-forth.

“The best way to pay for high-quality public services in the long run is to have a strong, efficient economy,” Pintard said, arguing that government spending must be redirected toward ordinary Bahamians.

While supporters have welcomed the proposals as timely relief for struggling families, critics remain cautious, pointing to unanswered questions around implementation, eligibility, and long-term sustainability.

With election momentum building, the debate surrounding the FNM’s plan underscores a broader reality — Bahamians are being presented with big promises, but increasingly demanding clear answers on how those promises will be delivered.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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COI UNVEILS FIRST 100 DAYS PLAN, PROMISING SWEEPING CHANGE AND BREAK FROM MAINSTREAM POLITICS

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NASSAU, Bahamas — The Coalition of Independents has rolled out its First 100 Days Plan, positioning it as a roadmap for rapid national transformation and a clear break from what it describes as the failures of the country’s two dominant political parties.

Leader Lincoln Bain introduced the plan during a recent public presentation, outlining a series of early actions his party says would be implemented immediately upon taking office.

At the heart of the proposal is a push to redistribute access to Crown land, a signature policy of the Coalition, which argues that Bahamians should have greater direct benefit from national resources. The plan also prioritizes the full implementation of Freedom of Information legislation, with Bain framing transparency as a cornerstone of restoring trust in government.

Additional focus areas include proposed reforms to the healthcare system, including improved compensation for nurses and medical professionals, and broader governance changes aimed at increasing accountability and reducing political control over national decision-making.

The Coalition has branded the plan as a historic first, describing itself as the only political group to present a structured 100-day agenda ahead of a general election.

But beyond the policy points, the messaging was unmistakable.

Bain and his team continue to urge Bahamians to move away from the traditional two-party system, arguing that both the Progressive Liberal Party and the Free National Movement have failed to deliver meaningful change despite decades of governance.

“The system is not working for the people,” has been a consistent refrain from the Coalition, which is campaigning on the idea of resetting how the country is governed.

While supporters view the 100-day plan as a bold and necessary shift, questions remain about the level of detail provided, particularly around costing, timelines, and how proposed changes would be executed within the existing structure of government.

Still, the rollout signals that the Coalition of Independents is seeking to position itself not just as an alternative voice, but as a ready governing option — one promising immediate action and systemic reform.

With election momentum building, the emergence of a defined 100-day agenda adds a new dimension to the political landscape, as Bahamians weigh competing visions for the country’s future.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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