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Climate Change Trust Fund the ‘best hope’ for VI’s protection- Hon Turnbull

-in building resilience to climate change impacts & to reduce VI's carbon emissions
Minister for Natural Resources and Labour, under the Government of National Unity, Hon Melvin M. Turnbull (R2) said the Virgin Islands’ (VI) Climate Change Trust Fund remains the ‘best hope’ VI’s protection in the future. Photo: VINO/File
Hon Melvin M. Turnbull said in real terms, the Trust Fund provides a vehicle to access large-scale international financing to ensure the Virgin Islands can survive in a changing climate that is hotter and drier with more extreme weather events, rising seas, and new diseases. Photo: Internet Source
Hon Melvin M. Turnbull said in real terms, the Trust Fund provides a vehicle to access large-scale international financing to ensure the Virgin Islands can survive in a changing climate that is hotter and drier with more extreme weather events, rising seas, and new diseases. Photo: Internet Source
ROAD TOWN, Tortola, VI – Minister for Natural Resources and Labour, under the Government of National Unity, Hon Melvin M. Turnbull (R2) said the Virgin Islands’ (VI) Climate Change Trust Fund remains the ‘best hope’ VI’s protection in the future.

He made the statements on August 17, 2022, while announcing that the Climate Change Trust Fund and its board is being re-established.

Fund will support Gov't 

He reminded that the Trust Fund was established by The Virgin Islands Climate Change Trust Fund Act, 2015 as an independent entity responsible for raising, managing, and disbursing funds to build our resilience to climate change impacts and to reduce our carbon emissions. It is the first of its kind in the region. 

“The Trust Fund, as established, can support actions by the Government, private sector and civil society, including on-the-ground projects, capacity building, education, research, studies, introduction of innovative technologies, changes in legislation, policy/strategy development, and establishment of incentive programmes.”

Hon Turnbull said in real terms, the Trust Fund provides a vehicle to access large-scale international financing to ensure the Virgin Islands can survive in a changing climate that is hotter and drier with more extreme weather events, rising seas, and new diseases.

Resources will go towards investments 

He added that Resources pooled in the Trust Fund can support investment in schools, health facilities, ports, roads and other infrastructure and facilities that are hurricane and flood resilient and added that it opens room for innovative opportunities like financing programmes for home and business owners to make their own properties resilient.

“The Trust Fund is our best hope for protecting our low-lying coastal communities from sea level rise and stronger storm surge, by restoring and protecting our coral reefs and mangroves,” Hon Turnbull said.

He added that it also remains a ticket to funding the VI’s transition to energy independence and security, while being an example to the world, through large-scale conversion to clean, green, renewable energy.  

9 Responses to “Climate Change Trust Fund the ‘best hope’ for VI’s protection- Hon Turnbull”

  • WEW (20/08/2022, 11:50) Like (1) Dislike (1) Reply
    "Resources will go towards investments " True meaning. Politicians pockets. Look at NHI, SSB being raided by HOA
    • Incompetence (21/08/2022, 03:52) Like (1) Dislike (0) Reply
      What logic does the Minister see in reinstating the EXACT same board? Because I find this retarded
  • jack (20/08/2022, 12:02) Like (5) Dislike (1) Reply
    We don't want Mich managing the money for this fund
  • Windy (20/08/2022, 12:20) Like (3) Dislike (1) Reply
    Mich another sell out the voters will deal with him
  • Native Senior Citizen of the British Virgin Islands (20/08/2022, 13:05) Like (4) Dislike (1) Reply
    Climate change the "best hope" for VI protection: Hon. Minister Melvin Turnbull. In my honest opinion, if you have said the words that I have read in reference to the VI protection, your have clearly proven to us, and others how ignorant you are. Sadly you know very little about our best hope at this point and time.
  • Rubber Duck (21/08/2022, 14:30) Like (1) Dislike (0) Reply
    The climate changes, always has, always will. I have no idea what a board can do about it. I suspect they dont either.
  • Smh (21/08/2022, 15:55) Like (4) Dislike (0) Reply
    END OF TIMES READ AYO BIBLE THESE THIEFING POLITICIANS DONT DONE WITH THE LIES
  • Two tongue (22/08/2022, 02:41) Like (0) Dislike (0) Reply
    If ALL boards MUST advertise then why should this climate change board be any exception? Why?
    Were other boards with equally competent people not disbanded but were compelled to advertise when being reinstituted? Be consistent, that's all we ask.


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