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Barbados has launched its investment plan for prosperity and resilience at the ongoing UN Climate Change Conference of the Parties or COP29 in Azerbaijan.
The ambitious plan seeks to enhance the quality of life for all people living in Barbados and position it as a pioneering hub for climate-positive and climate-resilient solutions.
It identifies 11.6 billion US in investment opportunities across multiple sectors, including the blue economy, housing, pharmaceuticals and renewable energy.
Implementing the plan should generate an additional one billion US in gross domestic product growth, create quality jobs for Barbadians over the coming decade and help avoid significant costs of climate-related natural disasters by investing in more resilient infrastructure.
