Implementation of the revised 2013-14 budget is currently under
discussion with partner governments and organisations.
Australia's development assistance in the Caribbean is a modest program with the bulk of assistance delivered through regional and multilateral partners. We focus mostly
on building skills and expertise by supporting selected regional institutions and frameworks, benefiting multiple countries across the region. We contribute to improving
effectiveness of communities, regional partners and nations to reduce the impact of climate change and natural disasters; we contribute to an enhanced ability within the
Caribbean to manage and respond to economic challenges; and we promote opportunities for interaction between Caribbean, Australian and Pacific citizens and leaders which add
to Caribbean knowledge and capacity to address climate change, natural disasters and economic challenges.
Australia and the Caribbean region have an effective development partnership guided by a Memorandum of Understanding with the Caribbean Community (CARICOM).
Australia has invested $56 million in the Caribbean region in the previous three years. Our investment has contributed to important development results including:
- improved education opportunities, with 48 long-term and 33 short-term Australia Awards since 2011; and sports for development activities reaching more than 18,000
- networks fostered between the Caribbean and the Pacific through joint training and workshops in climate change including cooperation between the Caribbean Community
Climate Change Centre and the Pacific Regional Environment Programme.
- technical and financial assistance helped reduce trade barriers for CARICOM countries.
More on results can be viewed on the ‘See our results tab’ above.
Australia expects to provide $14.3 million in development assistance to the Caribbean region in 2012-13. We will:
- continue to improve financial sector regulation and reduce barriers to regional trade through the International Finance Corporation and the Caribbean Regional
Technical Assistance Centre
- offer 58 Australia Awards in the 2013 intake in priority areas such as natural resource management, engineering, economics, education and natural resource management
- support the Caribbean in the development of a regional framework for reducing coral reef vulnerability to climate change.
More on expected outcomes can be viewed under the ‘See our results’ tab above.