Time for climate action, Holness tells G20 leaders
Prime Minister Andrew Holness has underscored the need for more action and less talk on climate change, which continues to pose a serious threat to small island states.
Addressing a G20 meeting in Buenos Aires, Argentina, yesterday, Holness declared that it is time to move from "climate talk to climate action".
Holness added: "The small island states of the Caribbean, whose case I plead at this summit, do not have the luxury of engaging in a philosophical debate on climate change.
"We are on the front lines. Every year without fail one or more of our islands will be hit by weather events of greater frequency and intensity, which can wipe out entire economies several times over in a few hours, as was the case last year."
Holness, who recently accepted an invitation to co-chair an initiative on climate financing with the President of France Emmanuel Macron, nudged the G20 leaders to meet the long-standing commitment to mobilise the agreed US$100 billion per annum by 2020 to address climate change.
"While the international community works towards a consensus on the approach to the existential global threat of climate change, vulnerable states must act on their own behalf to adapt and build their own resilience.
"We have a duty to be fiscally responsible, energy smart, and embracive of technology and innovation in this regard," added Holness, as he pointed out that Jamaica has embraced fiscal responsibility and energy diversity with the help of development partners.
"However, despite our efforts and ownership of the problem, these gains could be easily reversed with the direct hit of a single hurricane.
"It is for that reason that Jamaica has a simple, principle-oriented proposition: countries which demonstrate fiscal credibility, and develop a track record of fiscal responsibility, but yet remain vulnerable to the fiscal impact of natural disasters, should be eligible for international cooperation and assistance in the acquisition of ex ante financial insulation for the cost of emergency response to natural disaster," said Holness.
The prime minister reiterated his position that "GDP should not remain the sole determinant of graduation, where vulnerability so clearly impacts on small islands' economic resilience."