World Bank To Caribbean: Invest More In Climate

THE CARIBBEAN – The World Bank is advising small Caribbean countries to accelerate private-sector development to improve investment in climate.

In its latest report titled, “The Caribbean regional private sector diagnostic” the organization noted measures to reduce cross-cutting constraints to private investment, such as gaps in connectivity and skills mismatches, and break the region’s current low-growth, low-productivity trend.

Countries covered by the report included Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana and other.

The World Bank, says these countries “Face major cross-cutting constraints and addressing them would foster an environment more conducive to trade, investment and growth”.