Brasília, Brazil – Bahamian Prime Minister Philip Davis has announced the signing of a landmark cooperation agreement with Brazil and the country’s entry into the Global Alliance Against Hunger and Poverty, following his participation in the Brazil–Caribbean Summit held in Brasília on June 14. The summit brought together leaders from CARICOM, Cuba, the Dominican Republic, and key regional bodies to address pressing development challenges and renew economic and diplomatic ties with South America’s largest economy.
In a statement posted to Facebook on Saturday, Prime Minister Davis highlighted the significance of these developments for the Bahamian
people: “We signed a key agreement with Brazil to work together on food security, education, disaster management, and climate resilience. The Bahamas also joined the Global Alliance Against Hunger and Poverty — unlocking new resources to fight poverty and tackle inequality.”
The Brazil–Caribbean Summit, hosted by Brazilian President Luiz Inácio Lula da Silva, marks a revitalization of Brazil’s engagement with the Caribbean after years of declining trade and limited collaboration. Trade between Brazil and the Caribbean region has dropped from $6 billion in 2010 to $4 billion in 2024, with most economic activity concentrated in Guyana, Trinidad and Tobago, and the Dominican Republic. This summit aimed to reverse that trend by fostering stronger cooperation on sustainable development goals, energy transitions, and disaster preparedness.
A key communique issued at the close of the summit underscored the joint commitment of participating nations to clean and inclusive energy transitions. “We recognize the urgent need to promote clean, sustainable, fair, affordable and inclusive energy transitions…with a view to contributing to the achievement of the Sustainable Development Goals, as well as the target of net-zero greenhouse gas emissions by mid-century,” the statement read. The leaders also called for increased financing mechanisms and international support to ensure developing nations can pursue these goals effectively.
The Bahamas’ inclusion in the Global Alliance Against Hunger and Poverty represents a significant step forward in its efforts to build resilience and reduce socio-economic disparities. The Alliance, launched under Brazil’s G20 presidency and officially adopted by G20 nations in July 2024, is focused on achieving the first two Sustainable Development Goals — the eradication of poverty (SDG 1) and hunger (SDG 2) — while also addressing inequalities (SDG 10). Since its inception, the Alliance has expanded successful national programs and fostered international cooperation through high-level summits and a champions council to guide its implementation.
Brazil has seen notable benefits from spearheading the initiative, including increased global recognition and strong support from leaders such as World Bank President Ajay Banga. The country has also used the platform to scale up its own social programs and promote the human right to nutritious food and dignified living conditions.
For The Bahamas, Davis emphasized that these partnerships will bring practical advantages: “For us, partnerships like these mean greater
access to expertise and innovation — lowering costs for families, strengthening our resilience, and driving national development.”
The summit also addressed wider regional concerns, including the ongoing humanitarian crisis in Haiti. Leaders expressed “deep concern” over the multidimensional challenges facing the Haitian people and affirmed their commitment to supporting the country’s path to stability. The participation of CARICOM leaders such as Guyanese President Irfaan Ali further underscored the importance of regional collaboration in meeting shared challenges. Discussions included scaling up investment for energy transition and disaster management infrastructure, areas of increasing urgency for climate-vulnerable Caribbean nations.
With its new commitments, The Bahamas joins a growing coalition of nations aligning development efforts with global best practices and collaborative frameworks. As climate risks intensify and inequality persists, these initiatives mark a shift toward proactive, cooperative strategies designed to safeguard the well-being of future generations.