Beautiful Virgin Islands

Monday, Jul 21, 2025

Climate Change Trust Fund the ‘best hope’ for VI’s protection- Hon Turnbull

Climate Change Trust Fund the ‘best hope’ for VI’s protection- Hon Turnbull

Minister for Natural Resources and Labour, under the Government of National Unity, Hon Melvin M. Turnbull (R2) said the Virgin Islands’ (VI) Climate Change Trust Fund remains the ‘best hope’ VI’s protection in the future.

He made the statements on August 17, 2022, while announcing that the Climate Change Trust Fund and its board is being re-established.

Fund will support Gov't


He reminded that the Trust Fund was established by The Virgin Islands Climate Change Trust Fund Act, 2015 as an independent entity responsible for raising, managing, and disbursing funds to build our resilience to climate change impacts and to reduce our carbon emissions. It is the first of its kind in the region.

“The Trust Fund, as established, can support actions by the Government, private sector and civil society, including on-the-ground projects, capacity building, education, research, studies, introduction of innovative technologies, changes in legislation, policy/strategy development, and establishment of incentive programmes.”

Hon Turnbull said in real terms, the Trust Fund provides a vehicle to access large-scale international financing to ensure the Virgin Islands can survive in a changing climate that is hotter and drier with more extreme weather events, rising seas, and new diseases.

Hon Melvin M. Turnbull said in real terms, the Trust Fund provides a vehicle to access large-scale international financing to ensure the Virgin Islands can survive in a changing climate that is hotter and drier with more extreme weather events, rising seas, and new diseases.


Resources will go towards investments


He added that Resources pooled in the Trust Fund can support investment in schools, health facilities, ports, roads and other infrastructure and facilities that are hurricane and flood resilient and added that it opens room for innovative opportunities like financing programmes for home and business owners to make their own properties resilient.

“The Trust Fund is our best hope for protecting our low-lying coastal communities from sea level rise and stronger storm surge, by restoring and protecting our coral reefs and mangroves,” Hon Turnbull said.

He added that it also remains a ticket to funding the VI’s transition to energy independence and security, while being an example to the world, through large-scale conversion to clean, green, renewable energy.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
U.S. Resumes Deportations to Third Countries After Supreme Court Ruling
Excavation Begins at Site of Mass Grave for Children at Former Irish Institution
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Defends Attorney General Pam Bondi Amid Epstein Memo Backlash
Renault Shares Drop as CEO Luca de Meo Announces Departure Amid Reports of Move to Kering
Senior Aides for King Charles and Prince Harry Hold Secret Peace Summit
Anti‑Semitism ‘Normalised’ in Middle‑Class Britain, Says Commission Co‑Chair
King Charles Meets David Beckham at Chelsea Flower Show
If the Department is Really About Justice: Ghislaine Maxwell Should Be Freed Now
NYC Candidate Zohran Mamdani’s ‘Antifada’ Remarks Spark National Debate on Political Language and Economic Policy
×