(MENAFN-Caribbean News Global)
BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) and CCRIF SPC will host the Caribbean Regional Risk Conference 2022 on April 6-7, to provide a forum for policymakers, high-level technocrats and other stakeholders to explore country risk management and risk governance.
Under the theme “Introducing Country Risk Management to Advance Sustainable Development”, the event will address the myriad of risks facing Caribbean countries, taking the discussion beyond natural hazards and climate change, to explore economic, geopolitical, environmental, societal and technological aspects. risks that continue to affect the region’s development prospects. Already confirmed speakers and presenters come from several regional and international organizations, including the World Economic Forum, United Nations, World Bank, Swiss Re, University of the West Indies, and PriceWaterhouseCoopers, among others.
The conference will highlight the role of integrated risk management frameworks at the national level to enable decision-makers to better anticipate, identify and manage climate and non-climate risks. Participants will also be exposed to state-of-the-art tools, processes and governance structures necessary for operationalizing country risk management and developing all-hazards policy frameworks.
CBD Chair Dr Hyginus “Gene” Leon said: “In the wake of the global pandemic and the growing threat of climate change, this conference takes on particular significance as it paves the way for us to explore the management risk analysis through a broader lens and build much-needed capacity among key stakeholders.We will leverage the experience of CBD and CCRIF as well as recognized experts to stimulate new policy directions and actions.
The Caribbean Regional Risk Conference is part of the Caribbean Integrated Country Risk Management project, launched by CBD and CCRIF SPC in 2017 to support the development of a regional risk platform for Caribbean governments.
Commenting on the conference and the broader Country Risk Management project, CCRIF Chief Executive Isaac Anthony said, “As we seek to strengthen post-COVID and achieve the SDGs, Country Risk Management and integrated risk governance should be considered as key elements. Caribbean Sustainable Development Strategy. This initiative will require action from a range of partners whose mandates focus on areas outside of natural disaster risk – 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 in the region.
The conference will be held virtually and is open to the public. The program will address 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, CBD and the Caribbean Center for Development Administration (CARICAD) will launch the Caribbean Integrated Risk Management Training Program for the Public Sector.
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