IMF managing director in Barbados for high-level Caribbean forum on green energy transition

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, arrived in Barbados on Sunday to participate in the Caribbean High-Level Forum on Managing the Energy Transition, a joint initiative with the Government of Barbados and the IMF.

Georgieva was met at the Grantley Adams International Airport by a high-level delegation, led by Minister of Economic Affairs and Investment, Senator Chad Blackman; Permanent Secretary in the Prime Minister’s Office, Alies Jordan, and other government officials.

The three-day forum, slated to begin on Tuesday, at the Lloyd Erskine Sandiford Centre, will see government ministers, regional central bank governors, private sector stakeholders, academics, and members of civil society convene to hear various presentations on the green energy transition.

Prime Minister Mia Mottley and the IMF Managing Director will be the main speakers during the opening ceremony on Tuesday, which starts at 9 a.m.

Thereafter, there will be presentations and panel discussions covering a range of issues such as Taking Stock of the Macroeconomic Implications of the Green Energy Transition, Achieving a Sustainable and Equitable Green Energy Transition, in which Minister in Finance, Ryan Straughn, will be one of the panellists, and Scaling Up Climate Finance – The Potential of the Private Sector.

In the afternoon session, Mottley and Georgieva will participate in a panel discussion entitled: How Can the International Community Support the Green Energy Transition?  That discussion will begin at 3:40 p.m.

It is expected that at the end of the forum, Barbados and the region would be in a better position to achieve the various targets set to fully transition and implement the various green initiatives. (BGIS)