Local NewsNews UWI Vice Chancellor Says Caribbean in need of special and urgent attention by Barbados Today 11/09/2020 written by Barbados Today 11/09/2020 3 min read A+A- Reset FacebookTwitterLinkedinWhatsappEmail 395 Vice Chancellor of the University of the West Indies (UWI) wants a multi-billion-dollar fund established by countries that milked the Caribbean for centuries and then abandoned the region in a state of under-development. UWI Professor Sir Hilary Beckles said the regionโs underdevelopment, caused in no small part by the impact of colonialism, has made tackling the triple crises of COVID-19, the effects of climate change and the ravages of non-communicable diseases, even more difficult. Sir Hilary made the comments Thursday during the virtual 28th session of the Caribbean Development and Cooperation Committee (CDCC) of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). Describing the current situation as a โcocktail of disastersโ, the UWI chief insisted ECLAC had a moral and ethical duty to promote the Caribbeanโs well-articulated case for reparations through a $50 billion-dollar development fund. He contended that this would represent only a fraction of the wealth that had been taken from the Caribbean, but whose populations have never been compensated by their colonial masters. He called for an โinternational development fund into which countries that have extracted wealth from this Caribbean for the last 300 to 400 years will be invited to participate, if not lead, in the creation of an international development . . . fund of at least $50 billionโ. According to the Barbadian academic and historian: โThe Caribbean is in need of urgent and special attention . . . . There is no arrogance around the Caribbeanโs special claim for special intervention and treatment . . . Our case is not a case of division. Our case is a case of calling for the strengthening of a multilateral approach.โ You Might Be Interested In Crystal Beckles-Holder, 2nd runner up in regional competition GUYANA: Body of child found after gold mine collapses Barbadians asked to help with return tickets for Haitians โWe know that the Caribbean was the place where the business model for all the crimes against humanity were committed. It was the Caribbean that suffered the fundamental genocide of the native people. It was the Caribbean that became the model of African enslavement . . . . It was the Caribbean that had the longest journey with colonialism. . . . The Caribbean is still a place where there are colonies in significant numbers,โ he added. To this end, Sir Hilary said it was not a surprise that the region was among the oldest and the poorest in the hemisphere. โWhen the Western powers, in deciding they were going to help the East Indies to exit colonialism and enter nation building, provided them with a massive amount of grant and development support and the East Indian colonies emerged as nation states with a massive investment which was called the Colombo Plan, the West Indies never received that. โIt has had to fund its own development from debt. Hence the long journey into debt entrapment,โ Sir Hilary told participants from Latin America and the Caribbean. He said while the region might accept the strategy of borrowing for development, it did so reluctantly. Sir Hilary insisted that given the Caribbeanโs history of colonial exploitation, it was โdeserving of a capital investment approach to its developmentโ. He noted that the world was coming to grips with the need for equality and social justice and it should also extend that to the former colonies of the Caribbean. Accordingย to Sir Hilary, no one imagined that major corporations and institutions that benefited from slavery would be offering apologies for their roles in those crimes against humanity. (IMC1) Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like YouTube star draws crowds, global online audience 27/04/2026 Barbados urged to deepen platform economy, trade readiness 27/04/2026 Charity launches to support โinvisibleโ citizens 27/04/2026