The Global Water Partnership-Caribbean was pleased to participate in the 3rd Nationally Determined Contribution (NDC) Finance Investment Forum and Marketplace, that was held in Grenada from March 31st- April 2, 2025. The event brought together governments, private sector and development partners and discussed innovative financing mechanisms, best practices and new ways to increase investments in key climate sectors including the water sector, renewable energy and others.
The NDC Finance Initiative (NDCFI), is a joint initiative of the Organisation of Eastern Caribbean States Commission and the Government of Saint Lucia, that seeks to further enhance the region's climate action efforts, particularly in the context of NDC implementation, resilience-building, and low-carbon development. Programme Assistant Kerron Martinez along with Chair of the GWP-C Steering Committee- Dr. Paulette Bynoe and Member Mr. Trevor Thompson, participated in the three-day event in Grenada.
During the forum, participants had the opportunity to discuss innovative financing mechanisms, share best practices, and identify new pathways to increase investments in key climate sectors- dialogues that were pivotal in ensuring that the Caribbean’s climate actions are both ambitious and achievable, in key sectors through the establishment of Working Groups (WGs) on Energy, Water, and Critical Infrastructure.
The Caribbean NDC Finance Initiative was formally launched in 2017 with the support of the United Nations Framework Convention on Climate Change (UNFCCC) and under the auspices of the NDC Partnership. The initiative has received initial funding from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and aims to support OECS Member States in mobilizing financial resources to meet their NDC commitments.