Press Release
The Government of Belize, through the Ministry of Economic Transformation (MET), convened a Climate Finance Coordination Meeting on Monday, February 23, 2026, at the Grand Resort and Residences in Belize City. The meeting brought together key partners and stakeholders to enhance coordination and strengthen alignment across climate-related initiatives in Belize, including representatives from the World Bank (WB), CABEI, Green Climate Fund (GCF), PACT, Development Finance Corporation (DFC), Inter-American Development Bank (IDB), Caribbean Community Climate Change Centre (CCCCC), and other line Ministries.
As Belize’s National Designated Authority to the Green Climate Fund (GCF) and the Adaptation Fund, MET continues to advance a cohesive and strategic national approach to climate finance. The meeting focused on two primary objectives: improving coordination within the national climate finance framework through strengthened information sharing and priority alignment; and minimizing duplication across programmes, projects, and financing mechanisms to enhance efficiency and development impact.
Opening remarks were delivered by Dr. Hon. Osmond Martinez, Minister of State in the Ministry of Economic Transformation, and Mr. Carlos Pol, Chief Executive Officer. In his remarks, Minister Martinez reaffirmed Belize’s commitment to climate resilience, noting, “Belize continues to champion climate finance to help the most vulnerable people and productive sectors suffering from climate change.”
The agenda included presentations outlining the mandate and responsibilities of MET’s Policy and Planning Unit, the role of the Climate Finance Unit, and an overview of the CFU’s current project portfolio. Participants engaged in constructive dialogue aimed at strengthening collaboration, identifying synergies, and ensuring that ongoing interventions are effectively aligned with national priorities. Discussions also highlighted the CFU’s project pipeline, identified sectoral investment gaps, and explored opportunities to improve the sequencing and coordination of partner support.
A featured session on “GCF Latest Changes and Expectations” was delivered by Mr. Cayetano Casado, Subregional Head for the Caribbean, Department of Latin America and the Caribbean, Green Climate Fund.
Emphasizing the importance of institutional alignment, CEO Pol stated, “Accessing climate finance is not only about funding; it is about readiness, coherence, and the ability of our institutions to work together effectively. Strong coordination allows us to present a clear national vision to partners, close technical gaps, and accelerate implementation.”
The Ministry of Economic Transformation looks forward to convening these coordination meetings on a quarterly basis to further strengthen collaboration and improve project implementation across Belize’s climate finance landscape.
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Press Release The Government of Belize, through the Ministry of Economic Transformation (MET), convened a Climate Finance Coordination Meeting on Monday, February 23, 2026, at the Grand Resort and Residences in Belize City. The meeting brought together key partners and stakeholders to enhance coordination and strengthen alignment across climate-related initiatives in Belize, including representatives from
The post Ministry of Economic Transformation hosts climate finance coordination meeting appeared first on Belize News and Opinion on www.breakingbelizenews.com.
