CCRIF, in collaboration with The University of the West Indies (UWI), will offer four special “Ivan+20” scholarships in 2024 as part of the Ivan+20 initiative: Remembering the Past, Reflecting on the Present, and Visioning for the Future: 20 Years Since Ivan… Resilience, Adaptation, Sustainability in Caribbean SIDS.
This year, CCRIF will offer 2 “Ivan+20” Scholarships at the undergraduate level and 2 at the postgraduate level to students from Grenada and the Cayman Islands – the two countries most devastated by Ivan 20 years ago. These scholarships are in addition to those that CCRIF provides each year to Caribbean nationals. Therefore, in 2024, CCRIF will offer a total of 16 scholarships to Caribbean nationals to pursue postgraduate and undergraduate programmes in areas of study related to disaster risk management at The UWI and other universities in the Caribbean.
Since 2010, CCRIF has provided 175 scholarships totalling US$1.8 million to young persons from the Caribbean to pursue their Bachelor’s degrees at The University of the West Indies or Master’s degrees at universities in the Caribbean, UK and USA. Of the 175 scholarships, 147 have been awarded to students at The UWI.
CCRIF CEO, Mr. Isaac Anthony, says, “CCRIF’s scholarship programmes are helping to build a cadre of young leaders to guide decision making, policy making and research in the region, on matters related to key issues faced by Caribbean countries: disaster risk management, disaster risk financing and climate change adaptation.”
The scholarships have been an important contribution to regional capacity building by CCRIF and The UWI. At the launch of Ivan+20 in March, Ms. Sandrea Maynard, Pro Vice-Chancelor, Global Affairs, indicated: “The partnership between CCRIF SPC and the University of the West Indies began in 2010 and over the years has developed to support a programme of cooperative activities inclusive of scholarship support.” She stressed the importance of the Ivan+20 initiative in “improving dialogue around disaster risk management, sharing best practices and engaging the youth in shaping a resilient future.”
These scholarships support study in a range of areas. Eligible programmes include natural resource management, climate studies, actuarial science, geography, meteorology, civil engineering, risk management, urban planning, integrated coastal planning, and building and construction management, among many more. We have recently added programmes in energy and environmental physics, and mathematics and modelling processes – programmes which are potential sources of future modellers to develop climate science tools and disaster risk financing instruments such as CCRIF’s parametric insurance products.
Information about these scholarships can be found on the CCRIF website:
- Undergraduate scholarships at The UWI: https://www.ccrif.org/ccrif-uwi-scholarships
- Postgraduate scholarships at universities in the Caribbean: https://www.ccrif.org/scholarship
The deadline for applications for 2024 is June 15, 2024.
The Ivan+20 Initiative is being spearheaded by CCRIF in collaboration with Caribbean governments and regional organizations to collectively reflect on the lessons learned from Hurricane Ivan, vision for the sustainable and resilient future we want to create in the next 20 years, and commit to playing our part in moving towards this vision. Ivan+20 is a year-long initiative that will engage Caribbean governments, regional organizations, academic institutions, civil society organizations, the private sector, youth and children as well as the general public and will include time capsule events, regional resilience dialogues, and special events for youth and children. For more information on Ivan+20 activities, visit the Ivan+20 webpage at https://www.ccrif.org/ivan20.
About CCRIF SPC:
CCRIF SPC is a segregated portfolio company, owned, operated and registered in the Caribbean. It limits the financial impact of catastrophic hurricanes, earthquakes and excess rainfall events to Caribbean and Central American governments by quickly providing short-term liquidity when a parametric insurance policy is triggered. It is the world’s first regional fund utilising parametric insurance, giving member governments the unique opportunity to purchase earthquake, hurricane and excess rainfall catastrophe coverage with lowest-possible pricing. CCRIF was developed under the technical leadership of the World Bank and with a grant from the Government of Japan. It was capitalized through contributions to a Multi-Donor Trust Fund (MDTF) by the Government of Canada, the European Union, the World Bank, the governments of the UK and France, the Caribbean Development Bank and the governments of Ireland and Bermuda, as well as through membership fees paid by participating governments. In 2014, a second MDTF was established by the World Bank to support the development of CCRIF SPC’s new products for current and potential members and facilitate the entry of Central American countries and additional Caribbean countries. The MDTF currently channels funds from various donors, including: Canada, through Global Affairs Canada; the United States, through the Department of the Treasury; the European Union, through the European Commission, and Germany, through the Federal Ministry for Economic Cooperation and Development and KfW. Additional financing has been provided by the Caribbean Development Bank, with resources provided by Mexico; the Government of Ireland; and the European Union through its Regional Resilience Building Facility managed by the Global Facility for Disaster Reduction and Recovery (GFDRR) and The World Bank. Since its inception in 2007, CCRIF has made 64 payouts totalling US$268 million to 17 of its members.
For more information about CCRIF SPC: Website: www.ccrif.org | Email: [email protected]
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