St. George’s, Grenada, May 14, 2025- The Global Green Growth Institute (GGGI) engaged key stakeholders and partners during the 3^rd Caribbean Nationally Determined Contribution Finance Initiative (NDCFI) Investment Forum and Market Place in Grenada, which aimed at promoting solutions to some of the region’s climate challenges. The event, organized by the Organisation of Eastern Caribbean States (OECS) was held from March 31 to April 2, 2025.

Throughout the forum, leaders from across the region exchanged ideas and discussed innovative climate financing mechanisms and projects. Participants also strengthened partnerships for accelerating investments on national climate priorities and goals. GGGI’s contributions to the NDCFI helped reaffirm its commitment to collaborate with Eastern Caribbean countries to maximize resources and opportunities to meet Nationally Determined Contributions (NDCs).

“The forum provided a key platform for countries and partners across the Eastern Caribbean to come together and shape the financing strategies needed to meet their climate goals,” said Daniel Munoz-Smith, GGGI’s Caribbean Representative. “Whether through innovative housing solutions, support to green entrepreneurs, or our technical expertise in finance mobilization and project development, GGGI is well positioned to assist countries in the region deliver on their NDC commitments.”

In keeping with the focus on climate resilience and sustainable development in the Eastern Caribbean, GGGI hosted a side-event on March 31, titled “Financing Options for Green and Resilient Housing in the Eastern Caribbean”. This event was organized in collaboration with the Government of Saint Lucia and Agence Française de Développement (AFD). The session gathered key stakeholders from the financial, housing and climate resilience sectors to explore financing mechanisms that support the integration of green and resilient designs in the region’s housing development.

Mylène Lerigab, Chargée de Mission, Agence Française de Développement (AFD) indicated, “We are proud to support multiple initiatives in the Eastern Caribbean that advance sustainable and resilient housing solutions.” She added, “AFD is committed to working alongside governments and partners to design and scale models that improve living conditions, strengthen climate resilience, and promote inclusive development across communities most vulnerable to climate change.”

Imran Williams, Director of Finance, Government of Saint Lucia, stated “Access to resilient green affordable housing remains a significant hurdle in the Eastern Caribbean, and bridging this gap requires innovative solutions. By fostering innovation and collaboration, we can build a future where sustainable housing is both accessible and resilient.”

GGGI also contributed to a session hosted by GIZ, which unpacked the operationalization of Article 6 of the Paris Agreement and its relevance to Caribbean nations. The discussion focused on the role of blue carbon initiatives and the emerging potential of blue bonds to help adaptation and mitigation efforts.

Throughout the forum, GGGI highlighted collaboration at its exhibition booth where two (2) entrepreneurs from GGGI’s Eastern Caribbean Green Entrepreneurship Initiative presented their green business solutions. The showcase emphasized the impact of inclusive green economic development.