1. Towards Effective Climate Finance in LAC Caribbean Community Climate Change Centre

2. In 2009 the Caribbean Community (CARICOM) Heads of Government approved two significant policy documents to address Climate Change and its financing in the Caribbean. They are: the Liliendaal Declaration on Climate Change and Development which defines the national and international positions of the CARICOM member states. In support of the Declaration, “A Regional Framework for Achieving Development Resilient to Climate Change” prepared by the Caribbean Community Climate Change Centre

3. mainstreaming Climate Change into the sustainable development agenda and work programmes of public and private institutions in all Caribbean Community countries at all levels; promoting systems and actions to reduce the vulnerability of Caribbean Community countries to global Climate Change wherever possible; promoting measures to derive benefit from the prudent management of forests, wetlands, and the natural environment, in general, and to protect that natural environment; and promoting actions and arrangements to reduce greenhouse gas emissions, including those aimed at energy-use efficiency by increasingly resorting to low-emission renewable energy sources.

4. seeks to guide the identification and prioritisation of actions by regional and national stakeholders under each strategic element and goal area of the Regional Framework through the use of risk management approaches to decision-making. acknowledges that a transformational change in mind set, institutional arrangements, operating systems, collaborative approaches and integrated planning mechanisms are essential to deliver the strategic elements and goals of the regional framework.

5. One co-ordinating mechanism to manage the process. A proposed Liliendaal Bureau will coordinate actions at the regional level while Governments will coordinate actions at the national level. The Bureau will be chaired by the Head of Government with responsibility for Sustainable Development and Emergency Management and will be supported by leaders from key regional institutions, both public and private. One plan that provides the framework for co-ordinated action by all partners. The Liliendaal Declaration provides common goals and objectives which drive the Regional Framework and the IP. One monitoring and evaluation framework to measure progress, transparency and value for money.

6. Institutional and governance building blocks  Caribbean states must become low-carbon economies  Building resilience through transformational change and effective mobilisation of scare resources  Collective action among CARICOM institutions  Risk assessment and management must be the standard in decision making Technical and physical impacts  Uncertainty is not a reason for inaction Cross-cutting challenges  DRR and climate change are inextricably linked  Adverse effect of global climate change

7. CARICOM Heads of Government CARICOM Ministerial CARICOM mandated Regional Institutions

8. Establishment of and functioning of the Liliendaal Bureau as the regional coordinating mechanism for the IP; Develop and begin to use the CARICOM Risk Management Guidelines to review and assess projects/investment; Establishment of a Funding Advisory Facility with the CCCCC; Selected country investment risk profiles completed; Complete a policy review by CARICOM and regional organizations; and Review of the Regional Framework and the Implementation Plan.

9. June – December 2012 The CCCCC would have completed A Risk management Guideline for use by all stakeholders. The CCCCC in collaboration with the Caribbean Development Bank establish an Advisory Funding Facility and a Special Unit for the development of regional and national projects consistent with the goals of the Strategic Framework. January – June 2013 Country development Risk Profiles completed June – December 2013 Review Regional Framework and its Implementation Plan Policy Review Completed by CARICOM, Regional Organizations and National Governments

10. www.caribbeanclimate.bz