The United Nations World Food Programme (WFP), in collaboration with Jamaica's Ministry of Labour and Social Security (MLSS), ...
The IMF has made available US$258 million under the Resilience and Sustainability Facility (RSF) and about US$980 million ...
Other forms of disaster insurance did pay out, however. The Caribbean Catastrophe Risk Insurance Facility, or CCRIF, disbursed a record $44 million to Grenada due to Beryl’s destruction.
Furthermore, coming out of Ivan, Dr Carby noted that the Caribbean Catastrophe Risk Insurance Facility (CCRIF) was set up which former Finance Minister Dr Omar Davies was part of. CCRIF is a not ...
CCRIF was designed as a regional catastrophe fund for Caribbean governments to limit the financial impact of hurricanes and earthquakes to Caribbean governments by quickly providing short term ...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) made payouts under parametric policies, including a record $42 million payment to Grenada. The transparency of parametric triggers enabled ...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is one such example and has recently supported immediate relief to Caribbean countries. However, strained fiscal positions have left countries ...
Decision-making tools which might be developed by CCRIF and/or ECLAC to assist in mitigating the economic impacts of natural catastrophes; and - Climate change adaptation strategies to facilitate ...
Bridgetown, Barbados – The Caribbean Development Bank (CDB) has approved a grant of US$14 million to CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility). CCRIF provides parametric ...
The Caribbean Catastrophe Risk Financing Facility (CCRIF) is a risk pooling facility with sixteen Caribbean members: Anguilla, Antigua & Barbuda, Bahamas, Barbados, Belize, Bermuda, Cayman Islands, ...