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Prime Minister Davis Calls on World Leaders to ‘Get Real’ on Addressing Climate Change Issues

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#TheBahamas, November 16, 2022 – During his National Statement at the 2022 United Nations Climate Change Conference (COP27) World Leaders Summit, on November 8, 2022, Prime Minister and Minister of Finance the Hon. Philip Davis highlighted reasons to attend the event, including because his country has to believe that “a safer, better future is possible.”

“I say that we have come, because we believe that action — real, concerted, action — can save the planet, and save our human race,” Prime Minister Davis said, at the Summit, being held in Sharm El-Sheik, Egypt.  “And I say that we have come, because each nation here, acting in its own, enlightened self-interest, knows, in a most profound way, that we need each other to make this work.”

“I live in the most beautiful country on earth,” he added.  “But right now, even as I speak, Bahamians are mobilizing to prepare for the impact of yet another powerful storm, a Tropical Storm Nicole.

“So I come here with a simple request:  Let’s get real.”

Prime Minister Davis pointed out that what was needed most at that conference was to confront “the radical truth.”

“Big, ambitious goals are important – but not if we use aspirations to obscure reality,” he said.  “The goal to limit global warming to 1.5 degrees is on life support.”

“This is a hard truth for many to admit because even the best-case scenarios will mean almost unimaginable upheaval and tragedy,” he added.

Prime Minister Davis stated that the realities of war, economic headwinds, the hangover from the pandemic, and competition among world powers, cannot be used as justification not to confront these imminent dangers.

“Let’s get real: it’s only going to get worse,” Prime Minister Davis said.  “We are entering a new climate era that will drive extreme geopolitical and economic instability.”

“Statements without binding commitments or enforcement mechanisms have been used again and again as a way to postpone real action,” he added.  “Yes, the world’s wealthiest carbon polluters should pay for the very extensive loss and damage caused by their emissions.

“But ‘getting real’ means understanding that it will be self-interest that drives decision- makers.”

Prime Minister Davis noted that he was not there to ask any of those in attendance to love the people of The Bahamas with the same passion as he does, or even to act on behalf of future generations in their own countries.

“I’m asking: what is it worth to you, to prevent millions of climate refugees, from turning into tens of millions, and then hundreds of millions, putting pressure on borders and security and political systems across the world?” he asked.

He added that he was not telling those in attendance to overhaul the World Bank for that “new climate era” because it was the right thing to do.

“I’m telling you to get smart and act quickly to address the systemic risk of climate change,” Prime Minister Davis said.  “Multilateral banks must play a crucial role in scaling up financing options that will provide real solutions.”

“I’m not here to tell the private sector to give up caring about profits,” he added.  “I’m here to say that in a world of profound instability, your profits are very much in danger.  So, we need to work together to transition the world to clean energy.

“Let’s get real about what’s coming. Let’s get real about what we need to do next.”

Prime Minister Davis pointed out that most Bahamians were descended from people who were forcibly removed from their homes, shackled in the bottom of boats, and shipped across the Atlantic.

“We are the children of the survivors of that man-made tragedy,” he stated.  “We inherit their moral imperative.”

“We have a duty to fight for our survival, as they fought so desperately for theirs,” Prime Minister Davis added.  “So, even as we have urged the world to act, we have not waited.”

Prime Minister Davis pointed out that Bahamians knew that they “have what it takes” to provide the kind of leadership and innovation that contributed to meaningful solutions.

He noted that The Bahamas’ mangroves, seagrasses and salt marshes were a critical carbon sink.

“While others were talking, we took action, and passed innovative new legislation to deal with Blue Carbon,” Prime Minister Davis pointed out.  “We created a regulatory framework for dealing and trading in carbon credits. Other countries are already considering adopting our model.

“And just this past Sunday, we agreed in principle with the IMF, to partner together, among other things, to determine how carbon credits can be used productively, as a new asset class,” he added.  “Yes, this is what real, life-changing action looks like. We in The Bahamas are not sitting still.

“We will not flinch from confronting the hard truth.”

Prime Minister Davis stated that The Bahamas would also continue to offer its leadership, and its drive for innovation and ingenuity.”

“Whoever you are, wherever you are, bring your climate solutions to The Bahamas,” he said.  “Help us convert our front-line vulnerabilities into cutting-edge solutions for all.

“Because we refuse to lose hope,” he added. “We will not give up.

“We have no other choice.”

Prime Minister Davis noted that the alternative compels Bahamians to present themselves at their borders as refugees.

He added: “The alternative consigns us to a watery grave.  The alternative will erase us from history.  This is why we fight.  We will continue to lift up our heads toward the rising sun.  We will continue to march on.  We will continue to believe that a safer, better future is possible.

“Because all our lives – all our lives – depend on it.”

 

Release: BIS

Bahamas News

New Manifestos Released as Bahamas Heads to Historic May 12 Vote

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The Bahamas, April 14, 2026 – With the 2026 Bahamian general election set for May 12, the country’s major political parties have now formally placed their plans before the electorate, offering competing visions for governance, growth and relief.

The governing Progressive Liberal Party (PLP), led by Philip Davis, launched its “Blueprint for Progress 2026” on April 8, 2026, outlining a 46-page plan focused on long-term development and systems reform. The document places heavy emphasis on energy transition, digital government, workforce training and food security, positioning the party as one seeking continuity following its first term. The full plan is publicly available online through official PLP platforms for voters to review.

Just days later, on Sunday, April 12, the opposition Free National Movement (FNM), under Michael Pintard, unveiled its 2026 Manifesto at a major event in Nassau. Spanning 54 pages, the document centers on cost-of-living relief, tax reform, healthcare expansion and housing, offering what the party describes as a more immediate response to economic pressures facing Bahamian families. The FNM has also made its manifesto accessible online.

Beyond the two major parties, the Coalition of Independents (COI) had already entered the policy space earlier, formally unveiling its long-range Vision 2030 framework on Saturday, March 1, 2025, at the Fusion Superplex in Nassau during a packed national launch led by party leader Lincoln Bain. That framework has since been complemented by a 100-day action plan released in late March/early April 2026, adding a short-term policy layer to its long-range proposals.

These policy rollouts come as the country prepares for a pivotal vote, with the Parliamentary Registration Department confirming a voters’ register of approximately 203,000 eligible voters, one of the largest in the nation’s history. Key dates are now set, with Nomination Day on April 16, followed by advance polls on April 30, ahead of General Election Day on May 12.

With platforms now in the public domain and the timeline locked in, the focus shifts squarely to the electorate—who must now weigh the promises, examine the plans and decide the country’s direction at the polls.

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

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From Concept to Approval: What a 2019 Water Security Plan Now Means for Bahamians

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The Bahamas, April 14, 2026 – At its core, the $65 million water security project is designed to strengthen the reliability, safety and resilience of the water supply across The Bahamas.

If implemented as planned, the investment is expected to improve water quality, reduce contamination risks and support public health, while increasing supply reliability and limiting service disruptions during droughts or system failures. The project also aims to expand and upgrade infrastructure, including wellfields, pumping stations and storage capacity, and to protect freshwater resources from saltwater intrusion—an increasing threat for low-lying islands. In practical terms, that could mean cleaner, more consistent and more dependable access to water for residents across the country.

The project was first conceptualised in 2019 under the previous administration, when a proposal was submitted to the Green Climate Fund to strengthen the resilience of the country’s water systems. That early work came just months before Hurricane Dorian exposed the vulnerability of national infrastructure, including critical water and sanitation systems, particularly in the northern Bahamas.

The initial phase focused on developing the concept, identifying priority areas and engaging regional and international partners, including the Caribbean Development Bank, to support the design and preparation of a full funding proposal.

Following the change in government in 2021, the project advanced into its most technical and demanding stages. The current administration oversaw the completion of key requirements, including feasibility studies, environmental and social assessments, and detailed financing negotiations with international partners—steps necessary to move the proposal from concept to approval.

That multi-year process has now culminated in approval of a $65 million financing package, combining grant funding with concessional loans to support long-term upgrades to the country’s water infrastructure.

While the project brings significant international support, it is not entirely free money. The package is structured as a blended financing arrangement, combining grant funding with concessional loans—meaning a portion of the funding will ultimately need to be repaid. Based on information released by the Caribbean Development Bank, approximately $25 million of the total package is tied to loan financing, with the remaining portion provided as grant support.

Concessional loans typically carry more favourable terms than commercial borrowing, including lower interest rates and longer repayment periods. However, they still represent debt obligations that will be borne over time.

Notably, detailed terms of the loan components—including interest rates, repayment schedules and any associated conditions—were not disclosed in the initial announcement issued by the Office of the Prime Minister (Bahamas). Those details are expected to be outlined in formal financing agreements, but have not yet been made public.

For Bahamians, the project represents both investment and obligation. While the grant funding provides a significant boost to infrastructure development, the loan component adds to the country’s long-term financial commitments—making transparency around terms and implementation timelines especially important.

While the approval marks a significant milestone, the timeline for delivery remains a critical factor. Based on information available from project partners, implementation is not expected to begin immediately. The initiative is anticipated to move into its execution phase later in 2026, following finalisation of financing agreements and completion of preparatory requirements.

From there, the project is projected to unfold over several years, with estimates suggesting a multi-year implementation period of up to seven years to fully deliver the planned upgrades to water infrastructure across The Bahamas.

This means that while the funding has now been approved, the benefits will be realised gradually rather than all at once. A definitive completion date has not been publicly outlined, and detailed timelines tied to specific islands or phases of work have yet to be disclosed.

For Bahamians, the question now shifts from approval to execution—when funds are drawn down, when construction begins, and how consistently the project moves from plan to delivery.

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

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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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