Building resilience of the private sector: a major issue for the Caribbean

resilience for the private sector

Building resilience of the Caribbean private sector – from April 2021 to March 2022

The Caribbean private sector is mainly made up of micro and small enterprises, particularly vulnerable to economic, health and climatic hazards. That is why strengthening the resilience of the private sector to face climate change is an essential element of the economic resilience of territories.

Organisations


  • Saint Lucia Chamber of Commerce, Industry and Agriculture (SLCCIA)
  • Dominica Association of Industry and Commerce (DAIC)
  • Chambre de Commerce et industrie de la Martinique (CCIM)
Project description





The project has four main objectives:

  • Demonstrate that any solution starts with collaboration and joint work between the territories;
  • Familiarise companies with the issue of climate resilience and business continuity plans;
  • Train chambers of commerce and CSOs to provide a psychosocial support, and therefore becoming a useful resource for SMEs;
  • Strengthen the position of chambers of commerce as focal points for climate change adaptation and risk reduction for businesses.
Main activities





  • A series of recorded training workshops (English, French and Creole) on climate change risk management, business continuity planning and psychosocial support;
  • An awareness campaign, media and internet, on climate resilience and business continuity;
  • A guide for adaptation to climate change in the private sector;
  • Support for companies on the design and implementation of a business continuity plan model.
Strengths



The project addresses the strengthening of resilience capacities of the private sector. It provides for the design and dissemination of a business continuity plan template which will be a useful tool for SMEs in the region. The project has a strong regional impact potential as the documents produced will be available online and the social media campaign will also be disseminated through the CARICHAM regional network.

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