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T he Caribbean Centre for Development Administration (CARICAD) and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) recently signed a Memorandum of Understanding (MOU) to promote and facilitate comprehensive risk management within the Caribbean. This MOU will lead to collaboration on regional studies concerning programmes and projects that contribute to improving the quality of public services in member countries, improved technical capacity of public officers, implementation of capacity development initiatives for leaders and officers in the public sector, enhanced public sector governance as well as peer-to-peer exchange of knowledge, expertise and best practices related to risk management in public administration. It is also expected that the provision of assistance to the institutions for education and training in public administration in the countries of the region will result in improved teaching programmes and the implementation of sustainable national plans for economic and social development. Additionally, the development and implementation of collective strategies to promote post-disaster recovery action plans and a standardised integrated risk management framework for use throughout the Caribbean are also projected. After the debilitating 2004 hurricane season, CARICOM Heads of Government requested World Bank assistance in improving access to catastrophe insurance. The CCRIF was the result of two years of collaborative work between the region’s governments, key donor partners, and a team of experts from the World Bank. CCRIF, which functions as a mutual insurance company, also has MOUs with eight other organisations in the region, all designed to help build capacity and knowledge bases for the development of disaster risk management and climate adaptation strategies in the Caribbean. The CARICAD Horizon is a regular publication of the Caribbean Centre for Development Administration (CARICAD). The Horizon has superseded the “Chronicle”. The Editor-in-Chief is CARICAD’s Executive Director, Devon Rowe. The Production Team comprises: Franklyn Michael, Rosemund Warrington, Dr. Lois Parkes, Trudy Waterman, Angela Eversley and Petra Emmanuel. Previous editions can be viewed at: Board Meeting 2019 Special Edition: https://publizr.com/car…/caricad-august-2019-special-edition April 2019: https://publizr.com/caricadsec/caricad-april-2019-newsletter-final December 2018: https://publizr.com/caricadsec/caricad-december-2018-newsletter-hl August 2018: https://publizr.com/caricadsec/caricad-august-2018-newsletter-final December 2017: https://publizr.com/caricadsec/caricad-december2017-newsletter July 2017: https://publizr.com/caricadsec/caricad-horizon-july-final The Caribbean Centre for Development Administration, 1st Floor Weymouth Corporate Centre, Roebuck Street, Bridgetown, Barbados Tel: 246-427-8535 Fax: 246-436-1709 Email: caricad@caricad.net Website: www.caricad.net 14

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