| NEWS RELEASE |
| Wednesday, June 24, 2009 |
| CCRIF presents Climate Change and Caribbean Economies: Implications, Adaptation and Risk Management Briefing |
| Against the background of the impending Atlantic Hurricane Season, the Caribbean Catastrophe Risk Insurance Facility (CCRIF) today released a briefing document outlining the role of risk management in the region's adaptation strategy in the face of climate change. The briefing was prepared by Caribbean Risk Managers Ltd in support of the CCRIF Chairman's contribution to a discussion session forming part of the Caribbean Development Bank (CDB) Board of Governors' meeting in the Turks & Caicos Islands. The purpose of the document is to examine ways in which the region can implement best practice in sovereign risk management to continue in the proactive management of natural hazards risks. It also explores the inter-linkages between many aspects of the region's risk landscape both at a national and regional level.
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