Participation in the sub-project - Resilient aquaculture for food security and well-being in the Caribbean
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Food import dependency remains an economic and food security problem for the Caribbean region, which imports 60 to 80 percent of its food. The countries of the region have some of the highest obesity rates in the world, and about a third of their population living in poverty. There is room and clear economic and social benefit for the development of a locally produced, accessible and nutritious food source, and aquaculture is capable of providing a clear and fruitful part of the solution.
Aquaculture offers a flexible method of using available aquatic and terrestrial resources to compensate for deficiencies in capture fisheries and unreliable or unsustainable imports. Based on the Caribbean's available aquatic resources, limited arable land, and worsening water scarcity problems, aquaculture represents a resilient approach to promoting food security and rural employment now and in the future.
Grenada and three other Caribbean countries are actively seeking to develop their aquaculture industries to improve the resilience of their fisheries and aquaculture sector. The Resilient Caribbean Initiative supports this effort.
Participation in Component 2 - Facilitation of access to climate and environmental financing for resilience and adaptation to climate change
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The Small Island Developing States (SIDS) of the Caribbean are particularly vulnerable to global systemic risks, due to their small territories, dependence on food imports and the tourism industry, as well as their exposure to extreme hydro meteorological events. The Coronavirus (COVID-19) pandemic has added a new layer of vulnerability to the economies and livelihoods of these island countries, completely affecting the well-being of their inhabitants and further evidencing their fragility in the face of external risks.
Likewise, there is abundant documentation on the fact that the Caribbean is particularly vulnerable to climate change, having to face important and extensive climatic variations, changing rainfall patterns and the increasing occurrence and force of natural disasters in the region.
Grenada, like other countries, has a high need to promote resilience and adaptation measures to climate change. To this end, through the Resilient Caribbean Initiative, work is being done, on the one hand, on strengthening the capacities of government technical teams in the design of technical cooperation or investment projects to access climate and environmental financing and in the exchange of experiences. between countries in the case of multi-country proposals. On the other hand, technical assistance is given to the governments of the countries, in the design and presentation of proposals for technical cooperation or investment projects, whether national or multi-country, to be presented to the Fund for the Global Environment Facility (GEF) and the Green Climate Fund (FVC).
Thus, the Resilient Caribbean Initiative is contributing to the preparation of the proposal for the National Adaptation Plan for the Agricultural Sector in Grenada, to be presented at the Preparation Window of the Green Climate Fund, support that will continue throughout the project. The project is also supporting Grenada to develop the AG-ADAPT funding proposal: Scaling Climate Resilience in Food and Nutritional Security in Grenada.
The Resilient Caribbean Initiative technically accompanied Grenada, along with seven other countries, in the design of the Soilcare proposal that was endorsed by the Executive Director of the GEF.