RESOURCES AVAILABLE TO AMCs VERY SCARCE – PARTNERSHIPS NEEDED TO FILL GAP

The resources available to some Associate Member Countries (AMCs) are extremely scarce and have resulted in the existence of several gaps which are hindering these countries from achieving the objectives needed for the 2030 agenda for sustainable development in the fight against climate change.

This is due to the disparity in the governing laws and policies by international bodies such as the United Nations (UN), which disqualifies the British Virgin Islands and other AMCs who are classified as middle or high-income countries, from gaining financing towards climate change.

The Premier’s Special Envoy, Mr. Benito Wheatley, highlighted the challenges faced by the territory and other AMCs in seeking financing, during the recently held Regional Preparatory Meeting for the Caribbean Small Island Developing States (SIDS) in St. Vincent and the Grenadines.

To fill these gaps, Wheatley said partnerships are desperately needed between the AMCs and international bodies.

With the BVI not receiving any financial assistance from the United Kingdom since the late 1970’s, including funds towards the territory’s operational budget, Wheatley called on the United Nations to reevaluate its policies towards SIDS.

He said a change in policies will allow for SIDS to gain the needed assistance from international bodies which is vital if these states are to achieve the goals set out in the 2030 agenda for sustainable development.