Connect with us

Bahamas News

Bahamas Prime Minister Philip Davis’ Remarks at the COP28 Green Climate Blue Co Launch

Published

on

#TheBahamas, December 7, 2023 – We are here today because we are short on time and even shorter on the resources needed to empower every nation in the world to respond to an increasingly dire climate crisis.

We are approaching the tipping point from which there will be no return. At our current rate, the world will cross the 1.5 degrees Celsius threshold sometime within the next two decades.

The window of opportunity is closing.

But it is not closed yet.

And as long as there is even a small opening, just a sliver of time left for us to take action, there is still hope that we can save the world from the worst-case climate change scenarios.

I’ve travelled the globe representing Small Island Developing States like mine which have contributed the least to global carbon emissions but are already experiencing the worst effects of climate change.

Global inaction will soon threaten our continued existence as nations, but we will do everything within our power to avoid this outcome.

The Bahamas is here this week at COP 28 to invite the people of the world to partner with us and all vulnerable states to face this existential threat together.

As a region, the Caribbean has seen the results of our advocacy take shape in the form of the Loss and Damage fund to help us recover from the destruction already wrought on our nations. And we will continue to push for greater access to financing opportunities as we seek to protect our shorelines, build climate-resilient infrastructure, and invest in a renewable and sustainable future.

Through collaborative action, we will also create new industries and generate demand for novel solutions. Solving the world’s most pressing problems has always been good for business. We are entering an era of socially responsible investments, regenerative financing, and ESG finance. And the Caribbean is prepared to lead the way. In fact, if we want to continue to thrive as a region, we have no choice but to lead the way.

My country has been hit by four major hurricanes over the past few years. Over a third of our national debt is directly linked to the impact of storms, causing billions in damages that threaten the economic and fiscal health of our nation and people. With the situation projected to worsen at its current rate, we have gone all-in on making the necessary investments to solve our climate woes. Our future as a nation depends on it.

So, today, I applaud the Green Climate Fund for its efforts to support the developing world in creating climate-resilient pathways to a sustainable future. This is life-saving work.

With the approval of the application for preparation funds to finance the development of the Blue Co Caribbean Umbrella Coordination Programme, we fully expect to see new, effective solutions emerge for the people of the Caribbean.

The Blue Co  Caribbean project will provide the foundation for strategic investments at a scale not possible without embracing the spirit of cooperation and co-investment through this Caribbean-targeted, climate-focused investment opportunity.

Through this platform, Caribbean nations will be empowered to strengthen their blue economy frameworks and develop data-backed projects that can then be replicated and scaled across the region. My nation, as one of the world leaders in the research and development of blue carbon credits as a viable source of revenue generation, looks forward to the ways that Blue Co will strengthen The Bahamas’ mission to develop home-grown solutions that can fund a climate-resilient future for our people.

It turns out that saving the world isn’t just good for people, it’s also good for business.

Just yesterday, we were privileged to host a discussion on the Bahamas Sustainable Investment Programme, which will generate up to $500 million for climate-related investments. This is a testament to our commitment and resolve to generate our own innovative solutions to the climate crisis. And we are by no means standing alone.

Within the Caribbean, we have the passion, motivation, and expertise to drive the success of this initiative. There is no doubt in my mind that Blue Co can and will serve as a model for other regions to follow.

I invite all interested parties to reach out, get involved, and together we will save countless lives and livelihoods on our way to building a more resilient, renewable, and prosperous future for all nations.

Continue Reading

Bahamas News

Bahamas Consulate Opens in LA

Published

on

Rashaed Esson

Staff Writer

#Bahamas#LosAngeles, February 19th, 2024 – The Bahamas Consulate General in Los Angeles, United States. officially opened on February 19th, 2024, by Prime Minister Philip Davis, reaffirming the commitment of the Government to protect all Bahamians as well as The Bahamas’ Economic interests and provide consular support for Bahamians on the West Coast of the United States. This was announced by the Ministry of Foreign Affairs in a press release.

Continue Reading

Bahamas News

NBA’s Buddy Hield appointed as Ambassador

Published

on

Rashaed Esson

Staff Writer

 

#BuddyHield#Bahamas, February 19th, 2024 – Accomplished Bahamian Basketball player Chavano Buddy Hield, has been appointed as Ambassador-at-Large for Sports and Cultural Achievement, by the Davis Administration. This is a major accomplishment recognizing, according to the Office of the Prime Minister, Hield’s outstanding journey from Eight Mile Rock, Grand Bahama to the NBA as well as his commitment to inspire Bahamians. Prime Minister Philip Davis speaking at his Credential Presentation, expressed great appreciation to Hield. He said “Thank you for being a shining example of what it means to be truly great, both on and off the court. Congratulations Ambassador.”

 

 

 

 

Continue Reading

Bahamas News

UNDP appoints new Resident Representative for The Bahamas

Published

on

[Nassau, 6 February 2024] – The United Nations Development Programme’s (UNDP) newly appointed Resident Representative for The Bahamas, Kishan Khoday presented his credentials to Director General in the Ministry of Foreign Affairs, Jerusa Ali yesterday at the Ministry.

As Resident Representative assigned to the UNDP Multi-Country Office in Jamaica, Mr. Khoday also represents UNDP in The Bahamas, Belize, Bermuda, Cayman Islands, and Turks and Caicos Islands. 

Mr. Khoday, a Canadian national of Indian descent, is currently leading a team from the Kingston office on the first leg of an official mission to The Bahamas and Bermuda. While in Nassau, he will also meet with Minister of Environment and Natural Resources, Honourable Vaughn Miller; Minister of Agriculture and Marine Resources, Honourable Jomo Campbell as well as other officials from the Office of the Prime Minister, Ministry of Finance; Ministry of Social Services and Community Development and the National Commission for Persons with Disabilities.

In welcoming the new Resident Representative, Ms Ali lauded significant areas of ongoing cooperation with the UNDP including disaster resilience and climate change adaptation and mitigation. She also outlined other key areas for potential collaboration related to digitization and data collection. 

Mr. Khoday pledged continuing support for The Bahamas’ development aspirations anchored on an inclusive and sustainable approach that leaves no one behind. He lauded the significant partnership between UNDP and the Government on the nation’s disaster management, climate resilience, biodiversity and debt management agendas, as well as investments in community-based action through the UNDP-implemented GEF Small Grants Programme and the India-funded Abaco Shelter project. He said that through the current Country Programme (CP)(2022-2026), UNDP offers a strategic approach to combating multidimensional poverty and advancing climate resilient, nature-based pathways, leveraging UNDP’s capacities in innovation, digitalization, and sustainable finance. “As we near the 50th anniversary of UNDP cooperation in The Bahamas, I look forward to building on our long-standing history and expanding cooperation in a way that builds resilience to multi-dimensional crises and advances results under the SDGs. This includes our partnerships for social inclusion and community empowerment; climate resilience and biodiversity, disaster management and sustainable finance,” he stated.

Mr. Khoday has served with UNDP for 25 years, having coordinated over USD $1 billion in country programming to help partners and communities around the world advance inclusive and sustainable development pathways. This included tours of duty with UNDP Country Offices in China, Saudi Arabia and Indonesia and with UNDP’s regional offices for the Middle East and North Africa based in Egypt and Jordan. Prior to joining the UN, Mr. Khoday worked with government and community organizations in his home countries of Canada and India on issues of poverty reduction, ecological resilience, and community empowerment. 

Mr. Khoday is a scientist and lawyer, holding a Juris Doctorate specializing in constitutional, international, and environmental law; a Master of Science in natural resource management focused on land and water systems, and a Bachelor of Science in agriculture specializing in biodiversity and ecological change. The UNDP Resident Representative is a frequent speaker at international conferences and policy dialogues on the development agenda and a recognized thought leader on strategic issues such as climate change, ecosystem resilience, constitutionalism, postcolonial and decolonial theory, and resilience-based approaches to development, having published extensively on these and other issues.

Continue Reading

FIND US ON FACEBOOK

TRENDING