08.11.2017 Views

Climate Action 2016-2017

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

BUSINESS & FINANCE<br />

People gather on a riverbank in Bangladesh to recieve aid packets.<br />

money so they have a clearer appreciation<br />

of what countries need. For example, nations<br />

such as those in the Caribbean, among the<br />

most indebted in the world, have come to<br />

depend on expatriates sending money home<br />

in the form of remittances. Now with banks<br />

and financial institutions de-risking, pulling<br />

out because they perceive potential perils<br />

with the tightening up of regulations, or it<br />

simply not being cost-effective to trade, these<br />

remittances are going to be needed more than<br />

ever. The Hub can now come into its own. It is,<br />

if you will, one funnel which has the capacity<br />

and energy to help the whole.<br />

The Commonwealth states in the Caribbean<br />

breathed a sigh of relief as Hurricane Matthew<br />

swept out of town and flew to America. But<br />

people like Conrad Jack know it was luck that<br />

they were left relatively unscathed and only<br />

a matter of time before they are pummelled,<br />

once again, by an unwanted visitor to their<br />

shores, disrupting and changing lives for<br />

ever. My work is clear: the Commonwealth<br />

Secretariat has to be better at providing<br />

collaborative, concrete, facilitative support<br />

for all our members so that we can really feel<br />

that, as a family, we have mechanisms which<br />

enable us to support each other in our hour<br />

of need. The Commonwealth <strong>Climate</strong> Finance<br />

Access Hub is only the start of that journey.<br />

Patricia Scotland QC took office as Secretary-<br />

General of the Commonwealth of Nations<br />

on 1st April <strong>2016</strong>. She is the first woman to<br />

hold the post of Secretary-General. Born in<br />

Dominica, she moved to the UK at an early age<br />

and has had a dynamic career in law, public<br />

service and politics. She has served in many<br />

ministerial positions within the UK government,<br />

most notably as the Attorney-General for<br />

England and Wales.<br />

The Commonwealth of Nations (http://<br />

thecommonwealth.org) is a voluntary<br />

association of 52 independent and equal<br />

sovereign states. It is home to 2.2 billion<br />

citizens, of which over 60 per cent are under<br />

the age of 30. The Commonwealth includes<br />

some of the world’s largest, smallest, richest<br />

and poorest countries, spanning five regions.<br />

Thirty-one of its members are small states,<br />

many of them island nations. The Secretariat<br />

provides guidance on policy-making, technical<br />

assistance and advisory services to the<br />

Commonwealth countries.<br />

www.climateactionprogramme.org 63

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!