Climate Costs Outrun Small States’ capacity  – Antigua Envoy declares

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ronald-sanders.

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Antigua and Barbuda’s Ambassador Sir Ronald Sanders has warned that climate change and an inequitable financial system are trapping small Caribbean states in “permanent recovery,” urging the world to “price risk honestly and finance resilience fairly.”

Speaking at a consultation of more than 200 persons, convened by the Inter-American Commission on Human Rights (IACHR) on poverty, public debt and climate change, Sanders said disasters are driving debt while insurance costs surge.

“When a Category-5 storm wipes out homes, roads, and power, governments must borrow to rebuild—again and again.”

The Ambassador remarked that Ocean heating and mass coral bleaching are eroding the blue economy—“over 84% of the world’s reefs have faced bleaching-level heat stress since January 2023.”

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Sea level is rising roughly 3.4 mm a year in the Caribbean; without major adaptation, studies project 38–47% tourism-revenue losses by 2100.

A record sargassum influx this year has further strained coastal communities, while tighter reinsurance markets are making coverage unaffordable.

“The impacts of climate change are accelerating faster than the fiscal capacity of small states to adapt,” he said, pointing to average annual disaster losses near 2% of GDP, adaptation needs around 3.4% of GDP, and small island states receiving only about 2% of tracked adaptation finance.

Talent flight compounds the problem, with roughly 70% of the Caribbean’s tertiary-educated living in OECD countries.

Sanders said per-capita income “distorts reality,” graduating vulnerable states out of affordable finance taking little accounts of their exposure to shocks.

He urged rapid implementation of the UN-endorsed Multidimensional Vulnerability Index to unlock affordable, long-tenor financing.

Framing climate and debt as human-rights issues, he cited recent Inter-American and International Court findings that financing terms must protect essential services and social spending as human rights.

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4 COMMENTS

  1. Well if those larger nations don’t get that message they may never get it again. I’ve been hearing this from since Jesus was in Mary womb

  2. In 1989, a senior U.N. environmental official said, “Entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000.”
    https://www.snopes.com/fact-check/nations-vanish-global-warming/

    ‘They’ have been putting out messages like that for 36 plus years now, and if NATIONS haven’t realized what’s really happening by now, they may never get it.

  3. SCIENCE HAS NEVER BEEN ABOUT CONSENSUS.
    WHO ATE THESE PEOPLE, WHOSE GOAL IT IS, BEYOND TRANSFERRING BILLIONS OF DOLLARS OF PERSONAL WEALTH FROM US, TO THEMSELVES, THAT THINK THE SUN (DIMMING PROJECTS) BELONGS TO THEM, AND THAT EXTORTING MONEY FROM THE 99%ERS, IS A GLOBAL THERMOSTAT FOR CONTROLLING THE CLIMATE?

    U.N. urged to freeze climate geo-engineering projects
    By Reuters – October 21, 2010

    The United Nations should impose a moratorium on “geo-engineering” projects such as artificial volcanoes and vast cloud-seeding schemes to fight climate change, green groups say, fearing they could harm nature and mankind.

    The risks were too great because the impacts of manipulating nature on a vast scale were not fully known, the groups said at a major U.N. meeting…
    https://www.reuters.com/article/lifestyle/science/un-urged-to-freeze-climate-geo-engineering-projects-idUSTRE69K183/

  4. Re; “Climate change disasters are driving debt while insurance costs surge”. – Sir Ronald Sanders.

    The $1 billion threshold used to classify “severe” storms is fixed and not adjusted for inflation beyond the basic Consumer Price Index.

    According to NOAA’s Climate.gov, this flawed approach has resulted in 57 events since 1980 that were originally below the billion-dollar threshold but are now classified as billion-dollar disasters simply due to inflation.

    Read more: https://www.thegatewaypundit.com/2025/07/climate-alarmists-wrong-increased-economic-damage-doesnt-prove/

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