The conference will host a number of different sessions delivered by international and regional experts. The first day will focus on “Demystifying Climate Change for Financial Institutions” with workshops on Disaster Risk Management, Greening of Financial Institutions and Quantifying the impact of Climate Change on Loan Portfolios, among others. On the second day, attendees will have the opportunity to learn of new ways and tools to ‘Mainstream’ Climate Finance in their operations. These will cover pathways to adopting innovative Climate Adaptation tools as well as Digital Technologies but also expose the role that Financial Institutions can have in empowering MSMEs to become “Climate Smart”.
The EIB Roadshow will continue with a second event, which will take place the week after in the Dominican Republic on 18-19 February. This event will have a similar structure to the one in Jamaica, tailored for the Spanish-speaking partner institutions of the EIB in the region.
This conference comes in the midst of increasing environmental changes in the region, including rising sea levels, increased hurricane frequency and force, longer dry seasons and shorter wet seasons, all of which are expected to have many detrimental environmental, social and economic effects in Caribbean countries. These climate challenges, coupled with the proximity of population centres to the coast, limited natural resources and economies open to external shocks further increase the vulnerability of the Caribbean states. The EIB Technical Assistance Programme, implemented by the Frankfurt School of Finance & Management, addresses some of those challenges by aiming to build up the resilience of the Caribbean Financial Sector through knowledge development at Regional Conferences (e.g. EIB Caribbean Roadshow), but also through direct intervention with Partner Financial Institutions as well as their end-beneficiaries. The latter include activities such as the development of green loan products aimed at helping MSMEs finance energy-efficiency and renewable energy solutions, strengthening the risk management frameworks of banks so they are better able to handle the adverse effects of climate change amongst other risks, amongst many others.
Interested organizations may contact firstname.lastname@example.org to request more information about the event’s agenda and how to participate.
The EIB is organising a series of conferences as part of a Roadshow on Climate Finance under the EIB Technical Assistance Programme for Lending Operations in the Caribbean. The first event will take place in Kingston, Jamaica on 12-13 February and will bring together more than 50 representatives of both beneficiaries of the EIB TA Programme, as well as EIB Partners from Jamaica and the region.
The conference will host a number of sessions, including workshops on Disaster Risk Management, Greening of Financial Institutions, Quantifying the impact of Climate Change on Loan Portfolios, as well as seminars on how to adopt innovative Climate Adaptation solutions including Digital Technologies.
#EIBCaribbean #TechnicalAssistance #ClimateFinance #Roadshow2020