The Prime Minister of Barbados, Mia Mottley, on Monday reiterated a call for the international community to re-think its lending policies towards small island developing states like those in the Caribbean.
In her address at the Caribbean launch of the United Nations Early Warning for All Initiative, Prime Minister Mottley said some regional countries were faced with debt burdens because of having to deal with the effects of climate change.
Using Barbados as an example, she explained that her island has been doing coastal preparations since the 1980s and part of its debt was accumulated during attempts to prevent a worsening of its coastal environment.
She stressed that it's time for policy makers to recognise that having arbitrary numbers for debt sustainability is not effective in the context of small island developing states.
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