18th August, 2017 – The Credit Delivery and Administration Department took part in a Caribbean Climate Online Risk and Adaptation Tool (CCORAL) training at the George Price Centre for Peace and Development.
CCORAL is a system developed by the Caribbean Community Climate Change Centre (CCCCC) which helps decision makers to see all kinds of activities through a “climate” or “Climate change” lens, and to identify actions that minimize climate related loss. take advantage of opportunities and build climate resilient development in their counties.
CCORAL is designed to engender a risk management ethic in decision making. It takes a pragmatic approach promoting the right tools and techniques to fit the context of Caribbean decision making, available time and resources and uncertainty and use components of CCORAL of most value to them.
By using CCORAL, decision makers will also be able to demonstrate to funders, investors and development partners that climate resilience has been considered and integrated into relevant activities.
This is in line with the DFC’s Strategic Development Plan 2017 – 2021 as it is one of DFC’s focus areas and objective to mainstream climate resiliency in all operations.