Achieving Development Resilient to Climate Change: A SOURCEBOOK FOR THE CARIBBEAN WATER SECTOR

The document highlights the critical need for climate-resilient investment in the Caribbean water sector to mitigate high economic losses from hazards like hurricanes and droughts. Between 2010 and 2012, USD 8.3 billion in ODA was disbursed to the Caribbean, with USD 172 million allocated to the water sector; of this, only USD 12 million was tagged as climate change relevant. In contrast, global climate funds provided USD 14 million to the water sector during the same period, showing a stronger focus on strategy development and technical studies compared to the infrastructure focus of traditional ODA. The brief identifies five key global climate funds that disbursed a total of USD 44 million to the Caribbean, with 32% targeted at water. It recommends that water sector planners use online platforms like Climate Finance Options to identify funding and suggests matching specialist climate finance with traditional sources to leverage larger investments.

• Climate hazards cause severe economic disruption in the Caribbean; for instance, Hurricane Ivan's 2004 impact on Grenada resulted in direct and indirect losses of EC$2.4 billion, which represented 227% of the island's GDP.
• Between 2010 and 2012, the Caribbean water sector received USD 172 million from Official Development Assistance (ODA), but only USD 12 million of that was identified as climate change relevant, with USD 11 million specifically for adaptation.
• Global climate funds provided USD 14 million to the Caribbean water sector between 2010 and 2012, slightly exceeding the amount of climate-relevant ODA. These funds focused more on technical studies and strategy development, while ODA focused on infrastructure.
• Five global climate funds disbursed approximately USD 44 million to the Caribbean from 2010-2012, with 32% (USD 14 million) targeted at the water sector. These funds include the Global Climate Change Alliance, the Adaptation Fund, the Pilot Program for Climate Resilience, the Least Developed Countries Fund, and the GEF Trust Fund.
• The Green Climate Fund, adopted in late 2011 as a UNFCCC operating entity, is expected to eventually disburse USD 100 billion per year to support climate action in developing countries and harmonise climate finance.

APA

Climate and Development Knowledge Network (n.d.). Achieving Development Resilient to Climate Change: A SOURCEBOOK FOR THE CARIBBEAN WATER SECTOR. http://cdkn.org/wp-content/uploads/2017/01/Information-Brief-3-WV.pdf

Chicago

Climate and Development Knowledge Network. Achieving Development Resilient to Climate Change: A SOURCEBOOK FOR THE CARIBBEAN WATER SECTOR. n.d. http://cdkn.org/wp-content/uploads/2017/01/Information-Brief-3-WV.pdf.

Wikipedia

{{cite report |author=Climate and Development Knowledge Network |title=Achieving Development Resilient to Climate Change: A SOURCEBOOK FOR THE CARIBBEAN WATER SECTOR |url=http://cdkn.org/wp-content/uploads/2017/01/Information-Brief-3-WV.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climateanddevelopmentknowledgenetworkndachieving, author = {{Climate and Development Knowledge Network}}, title = {{Achieving Development Resilient to Climate Change: A SOURCEBOOK FOR THE CARIBBEAN WATER SECTOR}}, institution = {Climate and Development Knowledge Network}, url = {http://cdkn.org/wp-content/uploads/2017/01/Information-Brief-3-WV.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }