Published On: Thu, Nov 21st, 2024

Climate disasters are fuelling a debt storm in the Caribbean. Insurance could help

Waves crash into a pier after Hurricane Beryl made landfall in Trinidad and Tobago in July. Beryl made history as the earliest Category 5 storm to ever form in the Caribbean.

For the island countries of the Caribbean, the trail of destruction left by tropical storms extends to government debt — and their ability to borrow the money they need to rebuild and recover.

CBC | World News

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Climate disasters are fuelling a debt storm in the Caribbean. Insurance could help