CDB and CCRIF plan Caribbean regional risk conference

Map of the Caribbean region

Leaders from the World Economic Forum, the United Nations, The World Bank, Swiss Re, and the University of the West Indies to come together on April 6 and 7.

The Caribbean Development Bank (CDB) and CCRIF SPC will host the 2022 Caribbean Regional Risk Conference on April 6 & 7, bringing together leaders from regional and international organisations like the World Economic Forum, the United Nations, The World Bank, Swiss Re, and the University of the West Indies.

Under the theme, ‘Introducing Country Risk Management to Advance Sustainable Development’, the event will examine solutions to the myriad of risks facing Caribbean countries. These will span natural hazard risks and climate change, as well as economic, geopolitical, environmental, societal, and technological risks that continue to impact the region’s development prospects.

President of the CDB, Dr. Hyginus Leon said, “In the wake of the global pandemic and the growing threat of climate change, this conference takes on special significance as it sets the stage for us to explore country risk management through a wider lens and build much-needed capacity amongst key stakeholders. We will leverage the experience of both CDB and CCRIF along with recognized experts to stimulate new policy direction and action.”

The conference will highlight the role of integrated risk management frameworks at the country level to enable policymakers to anticipate, identify and manage risk.  Participants also will be exposed to cutting-edge tools, processes and governance structures necessary for enhancing country risk management and developing all-hazards policy frameworks. 

CCRIF’s CEO, Mr. Isaac Anthony said, “As we seek to build forward stronger post-COVID and achieve the SDGs, country risk management and integrated risk governance must be seen as a key strategy for Caribbean sustainable development. This initiative will req uire action by a range of partners whose mandates focus on areas outside of natural catastrophe risks – mandates related to economic and financial risks as well as social and other humanity-related risks – to make it a resounding success for the small island and coastal states of the region.”

The conference will be held virtually and is open to the public. The programme will cater to several target groups including the public and private sectors, civil society organizations, development organizations, academia, and the media. 

At the end of the conference, CCRIF, CDB and the Caribbean Centre for Development Administration (CARICAD) will launch the Caribbean Integrated Risk Management Training Programme for the Public Sector.