Canada commits $170M to Caribbean climate resilience at G7
Carney met three CARICOM PMs in Toronto on June 4 and pledged $170M to the Clean Energy and SIDS Resilience Facility, renewing the Canada-CARICOM Strategic Partnership.
Canadian Prime Minister Mark Carney met Caribbean leaders including Barbados Prime Minister Mia Mottley and Grenada Prime Minister Dickon Mitchell in Toronto on June 4, with Canada committing $170 million to the Clean Energy and Small Island Developing States Resilience Facility managed by the World Bank. The leaders agreed to renew the Canada-CARICOM Strategic Partnership and to deepen cooperation across sustainability, security, commerce, and energy — including geothermal development in Grenada and clean-energy financing across the broader region.
For the Caribbean diaspora in Canada, the partnership renewal has practical weight. It positions Ottawa as a structured climate-finance counterparty to multiple CARICOM capitals at a time when US bilateral channels have narrowed, and it formalises engagement on file-types — geothermal, ocean conservation, hurricane-resilience infrastructure — that have direct downstream effects on diaspora-funded property and family-housing decisions at home.
Source: Prime Minister of Canada June 4 readout; Yahoo Finance / CNW June 4 release.