January 16, 2026 Barbados has taken another step to finally close the door on an embarrassing issue, says Prime Minister Mia Amor Mottley, as ground was broken yesterday for a tertiary wastewater treatment facility. The $220 million Barbados Climate Resilient South Coast Water Reclamation Project, set to be completed in five years, will be located … Continue reading No increase to debt from project, says Mottley
Category: International Financial Architecture
The Fourth International Conference on Financing for Development convened world leaders, international and regional organizations, the private sector, civil society and the UN System in Seville, Spain, from 30 June to 3 July 2025. It aimed to reform the global financing architecture and mobilize the resources needed to bridge the annual $4 trillion gap for … Continue reading Fourth International Conference on Financing for Development (FFD4): Outcomes
Co-organized panel by Professor Thomas Marois (Public Banking Project, McMaster University) and Professor Bonny Ibhawoh (Senator William McMaster Chair in Global Human Rights and Vice-Provost, International), featured contributions from experts in international law, economic justice, and development banking. July 3, 2025 The Fourth International Conference on Financing for Development (FFD4), convened on July 2, 2025, in Seville, Spain, brought together leading … Continue reading McMaster Scholars Call for a Cohesive Public Development Bank Ecosystem to Advance the UN Sustainable Development Goals
30 June 2025 Economic Development “We’re here in Sevilla to change course,” the UN chief told world leaders on Monday, calling on them to grasp a once-in-a-decade opportunity to close a $4 trillion financing gap facing developing countries to meet sustainable development goals – and build a better world for all. António Guterres issued his clarion call noting … Continue reading It’s time to finance our future and ‘change course’, Guterres tells world leaders in Sevilla
June 13, 2025 BRASILIA - As part of the Brazil-Caribbean Summit, with the participation of Caribbean Community (CARICOM) nations, the Inter-American Development Bank (IDB) today announced new measures to support the region through development and integration. In the IDB's view, the joint efforts of Brazil and CARICOM prove that regional integration works. One of the … Continue reading IDB Creates Fund to Strengthen Caribbean Integration, Provides R$1.6 billion to Haiti in Grants, and Prepares an Unprecedented Multi-Country Debt Exchange
U.S. Treasury Secretary Scott Bessent puts it a bit more diplomatically than his boss would, but he is nonetheless clear. In a recent speech to the Institute of International Finance, he said that the U.S. Administration wants to expand its role in the Bretton Woods institutions such as the International Monetary Fund and the World … Continue reading US Treasury Secretary says the IMF and World Bank must end “mission creep” and return to core mandates
Source: UN News © UNOCHA/Giles Clarke Young Haitians are calling for peace and stability in the troubled Caribbean nation. 19 February 2025 Peace and Security In an address on Wednesday to Caribbean leaders meeting in Barbados, UN Secretary-General António Guterres announced a potential plan to support an “effective force” in Haiti as armed gangs continue to … Continue reading Guterres urges Caribbean leaders to keep pushing for peace, climate action
Posted on January 10, 2025 McMaster University has been granted an organizational accreditation to attend The Fourth International Conference on Financing for Development Conference to be held in Sevilla, Spain between 30 June-2 July 2025. This conference aims to address new and emerging issues, and the urgent need to fully implement the Sustainable Development Goals, and support reform … Continue reading McMaster is granted organizational accreditation for the United Nation’s 4th International Conference on Financing for Development Conference in Sevilla, Spain
First comprehensive study on health and climate change in small island developing states lays bare impact of the crisis and calls for action from richer countries Source: The Guardian. Omar Soloman and Keysha Hill survey the wreckage of Soloman’s shop in Old Harbour, Jamaica, after it was destroyed by Hurricane Beryl in July. Photograph: Joe Raedle/Getty … Continue reading Small island nations face climate-induced ‘catastrophe’, warn experts
Source: Eco Watch. Barbados' capital city Bridgetown on May 28, 2023. Xin Yuewei / Xinhua via Getty Images Cristen Hemingway Jaynes Published: December 3, 2024 Barbados has secured the world’s first “debt-for-climate” swap to finance crucial water and sewage projects that will help the island cope with the destructive impacts of climate change. Through a deal with international funding partners, the … Continue reading Barbados Completes World’s First ‘Debt-for-Climate’ Swap