Tag: CARICOM

  • Youth: The Untapped Resource We Need to Save the Planet

    Youth: The Untapped Resource We Need to Save the Planet

    Johnny Calliste

    Climate change is one of the most alarming global threats of our time, and its effects are being felt by people of all ages, young and old. For a significant segment of our population, though, climate change has become a particularly pressing issue; for the youth, the future of their planet is in jeopardy, and their outlook on the world is quickly shifting to reflect that.

    Climate change is already having numerous impacts on the lives of youth worldwide. Young people are witnessing and actively experiencing its effects first-hand, whether through extreme weather events like floods, droughts, freak storms, wildfires or increased air and water pollution. These alterations make accessing various activities, from leisure to livelihoods, more challenging. Youth are then met with reduced opportunities for meaningful growth and engagement in a world increasingly shaped by the unpredictability of extreme weather events. Moreover, the emotional distress experienced by youngsters when contemplating the effects of climate change on their future is alarming.

    Over the past few decades, the Caribbean region has experienced a significant shift in weather patterns, resulting in an increased frequency of extreme weather events such as hurricanes, floods, and droughts. This has significantly impacted the region, with effects seen from Jamaica in the north to the South American area. From 2019 to 2022, the Caribbean experienced severe storms that caused immense damage and loss of life. Hurricane Dorian hit the Bahamas in 2019, leaving behind a trail of destruction with at least 70 people dead and over $3 billion in damages. In November 2020, Hurricanes Eta and Iota struck the Northern Caribbean and Central America, leaving over 200 people dead and forcing thousands to flee their homes. In 2021, a series of hurricanes hit the Caribbean island of Dominica. The first hurricane to land was Hurricane Grace in late August, causing significant damage to the island’s infrastructure and leaving thousands without power. A few weeks later, Hurricane Ida unleashed even more devastation on the battered island. Many more countries in the region have faced a similar fate of the rise in freak storms.  Higher temperatures and increased precipitation have also caused the spread and increased presence of invasive species, including the Sargassum seaweed.

    Sargassum seaweed is a brown alga belonging to the Sargasso family. It is commonly found in the pelagic regions of the ocean and is known for forming large floating masses, referred to as the Sargasso Sea. Seaweed is essential in marine ecosystems as it provides shelter and food for sea animals such as turtles, crabs, and fish. Despite its significance, sargassum seaweed growth can become invasive if not properly managed and controlled, as excessive growth can pose risks to human health and disrupt aquatic ecosystems. Sargassum seaweed began attracting international attention when it washed up on Caribbean islands in the summer of 2011. This trend, commonly called the ‘sargassum bloom’, has continued every year since then in varying amounts.

    The seaweed contains chemicals, such as ammonia and hydrogen sulphide, which harm human health. For example, they can cause rashes and other skin irritations in contact with the skin. At the same time, inhaling sargassum-associated air pollutants often leads to respiratory tract irritation, asthma attacks, and other related illnesses. In addition, the seaweed serves as a breeding ground for mosquitoes, which is particularly of concern for those living in coastal regions, as the insects are vectors of severe illnesses such as malaria, Zika and dengue fever. As such, the physical health of youth living in affected areas is often compromised due to the presence of sargassum seaweed.

    Not only do the massive accumulations of seaweed create an unsightly landscape and block access to beaches, but they also considerably harm economies dependent on the tourism industry and the sale of seafood. Excessive persistent sargassum seaweed not only has a direct economic cost due to the expenses incurred in its removal and disposal, but it also has an indirect economic cost in that it drastically reduces local tourism, leading to a decrease in revenue for beach-associated businesses and a subsequent decrease in job opportunities for youth living in the area.

    As the effects of climate change worsen, the implications can be seen in new generations through the increased burden of mental health issues and psychological distress. Youth are particularly vulnerable to the psychological impacts of global warming, especially when the livelihood of their parents, communities, and themselves faces the threat of becoming socioeconomically vulnerable.

    Today, youth are more conscious and aware of their environment than ever and are part of a significant and inspiring movement sweeping the world. Climate change’s economic, environmental, and political implications are becoming increasingly apparent, and young people are responding with innovative, inspiring initiatives. Their critical involvement is essential to tackle the climate crisis, especially considering their broad outreach and ability to spur change quickly. For example, in Grenada, groups such as the Caribbean Youth Environment Network-Grenada (G-YEN) and Leo Clubs of Grenada, Rotaract Club and various School groups have been engaged in activities and public awareness campaigns that have proven practical ways to draw attention to environmental causes and bring about change.

    To further support these efforts, international organisations such as the Global Youth Environment Assembly (GYEA-UN), convened by the UN Environment Programme and Global Youth Climate Action Fund (GYCAF), provide small grants and finance that support the youth’s role in this fight. In addition, they spread awareness, inspire and encourage child to act, and connect youth organisations and activists worldwide. On the international scale, young people use social media platforms such as Tik Tok, Instagram, and Facebook to organise initiatives such as global climate strikes and participate in online petitions and discussions.

    The youth are proving that their innovative solutions can tackle and resolve some of the most complex climate challenges. Despite the daunting task of halting global warming, these young people are bringing the fight to the politicians, corporations, and communities, exhibiting impressive determination and creativity.

    Encouraging youth participation in local initiatives such as community clean-ups, smart agriculture & composting programs, and renewable energy projects helps young people see the impact they can have on the environment. Additionally, donor-funded agencies can further empower youth initiatives by providing more grant funding opportunities and funding pools to support their efforts, especially at the community level. It must be noted that while many funding streams are available to support climate resilience projects, youth are often unable to mobilise these resources since they lack the skills and competence necessary to create winning proposals to secure funding. Therefore, capacity building and training in resource mobilisation strategies can form an integral part of the support given to youth climate advocates and groups.

    Providing funding to support youth-driven innovative climate-smart small businesses and cooperatives is an excellent strategy for allowing creative young entrepreneurs to contribute to promoting climate resilience while earning sustainable income and providing employment opportunities. In the Caribbean, one such business example is the attractive option for sustainable business ventures that the Sargassum seaweed offers. It can be used in various industries, such as agriculture, cosmetics, and animal food production. Sargassum seaweed is rich in vitamins, minerals, and antioxidants, making it ideal for fertilising and processing into fertilisers and animal feed supplements. Businesses supported through a grant or concessionary business loans are bound to enjoy high yields given the low competition in this field of speciality. With its numerous benefits and growing concern surrounding consumer sustainability, start-ups utilising sargassum seaweed have great potential to succeed in the marketplace.

    All in all, the Caribbean must recognise and appreciate what the youth are doing and support their journey in every way possible if we are to have any chance at solving the critical issue of climate change and essentially saving the planet.

    Johnny J. Calliste, MSC, CMC, Dip (M&E) is a Grenadian with a master’s degree in International Business from the Arthur Lok Jack GBS-University of the West Indies, St. Augustine. He also holds post-graduate certifications in Youth Development, Monitoring and Evaluation, Project Risk & Cycle Management, and Human Resource Management.  He is preparing for doctoral studies/research in Developmental Economics and Public Policy Management. Johnny works in the Global Development sector with an international organisation and is a climate change and youth development aficionado. As part of his studies, he will conduct considerable research to understand climate change’s socioeconomic and psychological impact on Small Island Developing States. Please feel free to contact him via LinkedIn.

  • EVENT: Optimising the Canada-CARICOM Trade Relationship – Thursday, June 29

    EVENT: Optimising the Canada-CARICOM Trade Relationship – Thursday, June 29

    The CIC National Capital Branch Latin America and Caribbean Study Group, and the Canada Caribbean Institute invite you to a virtual discussion on

    Optimizing the Canada-CARICOM trade relationship

    Thursday, June 29, 2023, 10 am to 1 pm

    Canada and CARICOM are working to define a forward-looking bilateral cooperation agenda. While trade has been an important part of the relationship for many years, recent trade and investment flows have seen a decline. Can enhanced trade relationships contribute to the forward bilateral cooperation agenda? And if so, how can this best be achieved?

    The Canada International Council Latin America and Caribbean Study Group and the Canada Caribbean Institute are pleased to host a panel on Optimizing the Canada CARICOM trade relationship. The panel will feature several exporters and investors outlining their experiences and lessons in the market. The main trade promotion and facilitation agencies from the two sides will set out their programs and experiences in seeking to expand bilateral trade. Finally, the panel will feature a discussion of the current “government to government” trade arrangements and whether these are appropriate going forward.

    The moderators of this event will produce a short summary of proceedings to share with attendees and others following the event.

    REGISTRATION FOR EVENT

    The registration link is the following: Optimizing the Canada-CARICOM Trade Relationship Tickets, Thu, Jun 29, 2023 at 10:00 AM | Eventbrite

    Note that several days before the event all registrants will receive an email with the actual Zoom link.

  • Revised Treaty of Chaguaramas to be amended to regulate M&A activity in CSME

    Revised Treaty of Chaguaramas to be amended to regulate M&A activity in CSME

    Photo credit: CARICOM Secretariat

    Alicia Nicholls

    Competition policy within the CARICOM Single Market and Economy (CSME), particularly the need for merger control regulation, was one of the major items discussed at the recently held Forty-Fourth Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) in the Bahamas last week (February 15-17, 2023).

    The lengthy communique issued from the meeting revealed a packed agenda. Of interest to this author, of course, were the components dealing with continuing the consolidation of the CARICOM Single Market and Economy (CSME), especially because July this year will mark the regional grouping’s fiftieth anniversary.

    Heads agreed that the Revised Treaty of Chaguaramas (RTC) would be amended to provide for the regulation of mergers and acquisitions in the CSME. This would be done on the basis of an approved Community Policy. They agreed that Member States should complete their internal consultations and approval processes on the Draft Policy on Mergers and Acquisitions in the CSME in time for the Council for Trade and Economic Development (COTED) to consider and approve the Policy in April 2023.

    The CARICOM Competition Regime, as elaborated in Chapter 8 of the RTC, presently has three objectives (1) the promotion and maintenance of competition and enhancement of economic efficiency in production, trade and commerce, (2) the prohibition of anti-competitive business conduct which prevents, restricts or distorts competition or which constitutes the abuse of a dominant position in the market; and (3) the promotion of consumer welfare and protection of consumer interests. The Suriname-based CARICOM Competition Commission, along with the national commissions, is therefore a key institution for the functioning of a competitive CSME which is not harmed by anti-competitive conduct by businesses. However, currently, the CARICOM Competition Regime only regulates cross-border anti-competitive business conduct and the abuse of a dominant position. It does not deal with merger control regulation, which is the third aspect of competition policy. The Heads were also updated on the progress towards creating a dual role for the CARICOM Competition Commission (CCC) at the national and regional levels.

    Asides from competition policy, the subject of progress towards completing the Draft Policy on a Regional Capital Market was also discussed. The Heads “called upon the Council for Finance and Planning (COFAP) and the Legal Affairs Committee to take the necessary action to ensure that the infrastructure for the regional capital market is largely in place within eighteen (18) months”.

    They also supported COFAP’s decision to amend the Intra-CARICOM Double Taxation Agreement (ICDTA), through a Protocol on Treaty Shopping and Exchange of Information. Other topics discussed included advancing the CARICOM Agri-food systems agenda, the 50th anniversary celebrations, Afri-Exim Bank, the Bridgetown Initiative, Climate Change and Climate Finance, among others.

    The full communique may be accessed here.

    Alicia Nicholls, B.Sc., M.Sc., LL.B. is an international trade and development consultant and the founder of the Caribbean Trade Law and Development Blog http://www.caribbeantradelaw.com.

  • Assessing the Ninth Summit of the Americas: A Caribbean Perspective

    Assessing the Ninth Summit of the Americas: A Caribbean Perspective

    Alicia Nicholls

    Twenty-three heads of government and the representatives of eight other countries of the Americas gathered in Los Angeles, California, United States (US) on June 6-10, 2022 for the Ninth Summit of the Americas (CRS 2022). It was the first time the US has hosted since the inaugural 1994 Summit in Miami, Florida. The Summit of the Americas is a hemispheric summit at which leaders of the Americas gather every three years to discuss cooperation on issues of hemispheric importance. The Summit has also been the setting against which US Presidents have tended to launch major Caribbean-specific partnership initiatives, such as the Third Border Initiative (TBI) revealed by President George W. Bush at the Third Summit of the Americas in 2001 and the Caribbean Basin Security Initiative (CBSI) announced by President Barack Obama at the Fifth Summit of the Americas in 2009.

    The 2022 Summit outcomes have elicited differentiated reactions from commentators depending on their success metrics. Those focusing on a geopolitical perspective have generally panned it as a diplomatic failure for the Biden Administration (Norton 2022), a squandered opportunity (Newman 2022) and a sign of America’s declining hemispheric influence (Barry 2022).

    This article assesses the summit from a Caribbean perspective. Specifically, it looks at to what extent do the Summit’s outcomes provide meaningful initiatives for deepening US-Caribbean partnership on issues of importance to the Caribbean and in a mutually beneficial way. It is argued that while not particularly groundbreaking, there are some noteworthy outcomes from the Summit. However, the success of the initiatives announced will be dependent on several factors discussed in this article.

    The Controversy

    The Ninth Summit was postponed by one year due to the on-going novel coronavirus disease 2019 (COVID-19) pandemic. The Summit’s theme “Building a Sustainable, Resilient, and Equitable Future” recognizes the numerous challenges facing countries in the hemisphere, chief of which include climate change, COVID-19 and the economic fall-out from the Russia-Ukraine conflict and the consequent escalated Western sanctions on Russia.  

    The lead up to the Summit stimulated an inordinate amount of controversy not so much for its agenda, but US President Joseph Biden’s refusal to invite the leaders of three countries – Cuba, Nicaragua and Venezuela – which the US regards as authoritarian. This exclusionary policy sparked a backlash as several countries threatened to boycott the Summit. Some leaders, including most notably Mexico’s President Lopez Obrador, decided not to attend and instead sent lower-level delegations.

    Caribbean country leaders also expressed misgivings about this exclusionary policy both privately and in their speeches. In fact, CARICOM Heads in the communique emanating from their recently held 43rd Regular Meeting emphasised “the importance of an inclusive Summit with the full participation of all countries of the Americas”.

    The Outcomes

    Ultimately, St Vincent & the Grenadines was the only CARICOM Member which boycotted the conference. A total CARICOM boycott would not have been in the region’s best interest as the Summit provided an opportune forum in which Caribbean leaders could meet face to face with US leadership to ventilate and obtain high-level commitments on issues of specific interest to Caribbean States. Generally speaking, topics of specific interest to the Caribbean rarely make it on the agenda of these Summits and in this case, the Ninth Summit was an exception. In his op-ed after the Summit, Antigua & Barbuda’s Ambassador to the US, Sir Ronald Sanders, noted that Caribbean leaders (including the Dominican Republic) were successful in their insistence on meeting not just with the Vice President Kamala Harris, as was originally planned, but with President Biden himself. This meeting, according to Sir Ronald, was very productive and CARICOM Heads in their communique also welcomed the exchange with the US President to address some of their concerns. The read-out from the meeting referenced the proposed launch of a Caribbean Zero Hunger Plan to promote nutrition security in the Caribbean, while President Biden has also pledged US$28 million in new food security assistance to the region.

    It was, therefore, interesting that CARICOM Heads of Government also expressed concern that the outcome of the Summit “did not adequately reflect issues of significance to the Community”. These issues, they noted, include post-pandemic recovery, climate financing, debt and debt financing, energy and food security, access to financing and firearms entering the CARICOM Region. It could be that this statement in their communique was meant to reiterate that while Caribbean leaders are happy with the opportunity to raise these issues, they want to ensure there is meaningful follow-up action.

    Indeed, one particular area in dire need of action and which was raised in the bilateral meeting between Caribbean leaders and the US President and Vice President is the illegal flow of firearms into the Caribbean from the US. While Caribbean countries do not manufacture guns and have strict laws on gun ownership, the flow of illegal firearms into the region, particularly from the US, remains a driver for the escalating gun violence and crime plaguing Caribbean states. The readout from the joint meeting reveals a disappointingly limited and vague approach which simply proposes the development of national action plans to counter firearms trafficking and which would “help the US more effectively tailor support to CARICOM Member Countries”.

    The outcomes of the Summit consist of several declarations and statements touching principally on areas of health, climate change, economic recovery, governance and migration. For example, leaders agreed to reach consensus on an Action Plan for Health and Resilience in the Americas to be implemented by 2030.

    Los Angeles Declaration on Migration and Protection

    The most detailed outcome, and likely because illegal immigration is a ‘hot button’ topic in the US, is the negotiated side agreement called the Los Angeles Declaration on Migration. Over 100 million people have been forcibly displaced globally with one in every 78 people on earth being a displaced person, according to the UNHCR.  In this hemisphere alone, for example, over 6 million Venezuelan refugees and migrants have fled the political and economic turmoil in their homeland and some 80% of them have settled in countries in the LAC region, according to the International Organisation for Migration (IOM). Trinidad & Tobago, which is at its nearest is just 11km from the Venezuelan mainland, has up to January 2022 been host to some 28,500 Venezuelan migrants. Data from the Government of Panama estimates that 130,000 migrants passed through the highly dangerous Darien Gap in 2021 on their way to the US and many were asylum seekers from Haiti and Cuba. Therefore, the decision to exclude Cuba, which is one of the largest sources of irregular emigration to the US, was a short-sighted one on the Biden administration’s part as solving the migration crisis would also require cooperation with the Cuban government.

    The Los Angeles Declaration on Migration and Protection recognises that irregular migration is a hemisphere-wide problem and tackling it should be the shared responsibility of source, transit and destination countries and solving the crisis also involves addressing the root causes or push factors which lead people to emigrate. Under the agreement, both the US and several other countries adopted specific commitments to ensuring legal pathways for immigration and fostering greater protections for migrants. However, only twenty countries have signed the Declaration so far and of those from CARICOM are Barbados, Belize, Guyana, Jamaica and Haiti. US Secretary of State Anthony Blinken, when asked about only twenty countries signing on so far, was confident that more countries would sign on.

    Americas Partnership for Economic Prosperity (APEP)

    The Summit’s main economic initiative, the Americas Partnership for Economic Prosperity, is the sister plan to the Indo-Pacific Economic Framework (IPEF) President Biden launched at a meeting of a dozen initial partners in the Indo-Pacific region in Tokyo Japan in May 2022. The five-pronged APEP framework would be based on reinvigorating regional economic institutions and mobilizing investment, making more resilient supply chains, updating the basic bargain, creating clean energy jobs and advancing decarbonization and biodiversity, and ensuring sustainable and inclusive trade. Many of these pillars are in consonance with the goals outlined under the prosperity pillar of the US Strategy for Engagement in the Caribbean formulated pursuant to the US-Caribbean Strategic Engagement Act of 2016, a legacy of the Obama Administration of which President Biden was then Vice President. However, the APEP consists primarily of aspirational goals rather than binding commitments, and is disappointingly vague with little specifics on timelines and how these goals would be achieved.

    U.S.-Caribbean Partnership to Address the Climate Crisis 2030 (PACC 2030)

    Perhaps the most substantive outcome for the Caribbean was the Partnership to Address the Climate Crisis 2030 (PACC 2030) launched by Vice President Kamala Harris. PACC 2030 recognises that Caribbean small States are at the frontlines of the adverse impacts of climate change and the need for the region to build resilience as the adverse effects of global warming accelerate. While this might seem obvious, US government recognition of this immutable fact cannot be taken for granted. The previous US administration, headed by a climate change denier president, heralded a 180-degree reversal in the US’ foreign policy position on climate change. Similar to the Biden administration’s rejoining the Paris Agreement after the Trump administration left it, the PACC initiative therefore is a welcomed signal and acknowledgement that this current US administration has returned to the longstanding US position of recognising climate change as a global and hemispheric crisis and priority.

    The PACC framework has two strategic objectives: strengthening energy security and promoting adaptation resilience. It also names four pillars for achieving these objectives: improving access to development financing, facilitating clean energy project development and investment to attract private investment in clean energy infrastructure and adaptation.

    The framework contains some noteworthy commitments. The US has committed to partnering with Caribbean countries and regional institutions to promote stable access to clean energy resources and resilient energy infrastructure. It also speaks to climate finance, such as a promise to develop bankable infrastructure projects, enhancing local capacity building and deepening collaboration with Caribbean partners. The US International Development Finance Corporation will be charged with exploring ways to increase access to DFC financing for climate and clean energy projects in underserved countries. Critically on the issue of inadequate criteria for accessing concessional finance, the US government has committed to advocate for improving access to international financing mechanisms to unlock additional financing for infrastructure projects.

    Next steps

    Laudable as many of the commitments might be, they are non-binding and best endeavour in general and little will come from them without the required follow-through by both the US and Caribbean governments, as well as the meaningful involvement of the private sector, the diaspora and civil society. It is, therefore, notable that following the summit, CARICOM and Dominican Republic leaders accepted a US proposal to establish three US-Caribbean joint committees to address US-Caribbean cooperation on three fronts: finance, energy and food security. In their communique, the Heads of Government revealed that the CARICOM chairs for the committees would be as follows: Prime Minister of Barbados, Honourable Mia Amor Mottley, for the Finance Committee; President of Guyana, His Excellency Mohamed Irfaan Ali, for the Food Security Committee; and Prime Minister of Trinidad and Tobago, Dr. the Honourable Keith Rowley, for the Energy Security Committee. It is still unknown who will be the US co-chairs of these committees.

    The Heads of Government also noted the CARICOM Secretariat’s submission to the US of an initial list of CARICOM’s “near-term energy security, food security, and development/debt finance priorities” as advanced by the Co-Chairs of the respective Committees. It is not known publicly what is on this initial list and it is unclear why this should be treated as a confidential issue since matters of regional concern affect us all.

    There are some principal challenges for regional leaders to implement the commitments made at the summit. One is that the statements are non-binding and best endeavour non- time-bound commitments and are largely aspirational goals which need to be translated into concrete policy actions. A second is that there is the need for funding mechanisms for these proposals. Of some concern is that there was neither representation from the US Department of the Treasury nor the United States Trade Representative (USTR)’s office at the Summit, two agencies which would be central to the success of these initiatives.  

    Congressional action will also be needed to pass legislation to translate the initiatives into law and approve the funds necessary for financing the programmes emanating from these initiatives. Encouragingly, a congressional delegation from both houses, including Speaker Pelosi, attended the Summit and held a press briefing thereafter. Moreover, US Virgin Islands Representative in the US House of Representatives, Stacey Plaskett, introduced a non-binding resolution (H.Res 1168) “reaffirming the economic partnership between the United States and the Caribbean nations and recognizing the need to strengthen trade and investment between the United States and the Caribbean nations, our “Third Border”. Among other things, the draft resolution calls on the President to “prioritize and implement trade programs with the Caribbean region that promote sustainable and resilient economic development”.

    A third and not insignificant issue is the increasing polarisation and volatility in the US political landscape and whether the panoply of domestic issues facing the current Biden administration will truly allow for deeper hemispheric engagement. US foreign policy under the last administration had adopted a more insular “America first’ disposition, with limited hemispheric engagement, a rejection of multilateralism and a denial of climate change. While the Biden administration has reverted to the status quo on many of these issues, it has evinced very little appetite for the once longstanding US embrace of free trade. No doubt this more protectionist US posture is influenced by the groundswell of anti-trade sentiment among a politically important segment of the US electorate. The success and longevity of the 2022 Summit initiatives will, therefore, likely depend on the outcome of the presidential election of 2024.

    Conclusion

    The Summit of the Americas, while hailed as a failure by some and a success by others, cannot be seen in such absolutist terms. While the outcomes were not particularly earth shattering, there are some good initiatives that once fleshed out, well-funded and executed can lead to mutually beneficial outcomes for both the US and Caribbean countries.

    Alicia D. Nicholls, B.Sc.,, M.Sc., LL.B is an international trade specialist who specializes in foreign investment law and policy, global financial regulation and international business. She is the founder of the Caribbean Trade Law & Development Blog (www.caribbeantradelaw.com) and was one of the panelists at a recently held Global Americans and Caribbean Policy Consortium Webinar on the Summit whose recording may be accessed here.