At the time of writing this report, Barbados, Saint Lucia, St. Vincent and the Grenadines, Grenada, Haiti and Jamaica were the only CCRIF member countries where wind speeds, computed with the CCRIF SPHERA model, were greater than 39 mph (62.7 km/h) due to Hurricane Elsa. This report describes the performance of the CCRIF models on Haiti and Jamaica due to Elsa.
On July 2 at 1145 UTC Tropical Storm Elsa intensified and became Hurricane Elsa, passing near Barbados, Saint Vincent and the Grenadines and Saint Lucia, spreading hurricane-force winds and tropical-storm-force winds over these countries.
The COAST product for fisheries comprises two components: Adverse Weather – based on wave height and rainfall that occurs for at least 3 consecutive days; and Tropical Cyclone – based on wind and storm surge.
Grand Cayman, Cayman Islands, June 14, 2021. CCRIF SPC is pleased to announce that its member governments have renewed their parametric insurance coverage for tropical cyclones, excess rainfall, earthquakes, and the fisheries sector ahead of the upcoming 2021 Atlantic Hurricane Season.
A magnitude 5.1 earthquake occurred at 22:37:52 (UTC) on 23 May 2021, 63.6 km (39.5 mi) SW of Masachapa, Nicaragua; 74.3 km (46.2 mi) SW of San Rafael del Sur, Nicaragua and 92.2 km (57.3 mi) SW of Diriamba, Nicaragua. Estimates from the United States Geological Survey (USGS) located the epicentre of the event at 11.401°N, 86.944°W, and at a depth of 35.0 km.
A magnitude 5.5 earthquake occurred at 22:19:51 (UTC) on 21 May 2021, 40.7 km (25.3 mi) SW of Jiquilillo, Nicaragua; 55.1 km (34.3 mi) W of Corinto, Nicaragua and 62.7 km (38.9 mi) WSW of Chinandega, Nicaragua. Estimates from the United States Geological Survey (USGS) located the epicentre of the event at 12.456°N, 87.680°W, and at a depth of 55.8 km.
This document is a “toolkit” designed for NGOs and CBOs to enable them to prepare and submit project proposals to the CCRIF Small Grants Programme. This programme provides grants between US$5,000 and US$25,000 to NGOs CBOs and academic institutions to implement community-based disaster risk reduction projects.
Grand Cayman, Cayman Islands, April 19, 2021. CCRIF has provided financial support in the form of a grant of US$2,209,000 (approximately EC$6.0 million) to the Government of St. Vincent and the Grenadines following the eruption of the La Soufrière Volcano. According to CCRIF CEO, Mr.
Grand Cayman, Cayman Islands, March 19, 2021. CCRIF SPC now invites applications for scholarships under the CCRIF Scholarship Programme. These scholarships are open to Caribbean nationals who intend to pursue postgraduate studies at the master’s level in areas such as Disaster Risk Financing, Disaster Risk Management (DRM), Risk Management and Modelling, Climate Change/Climate Studies, Civil with Environmental/Climate Engineering, Actuarial Science, Meteorology, or an MBA with a major in risk management and/or insurance or a related field.
Panama City, Panama. March 12, 2021. The Directorate of Investments, Concessions and State Risks (DICRE) of the Ministry of Economy and Finance (MEF) of Panama, and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), with the support of the World Bank, held a technical workshop on CCRIF’s parametric insurance products, held virtually on March 11 and 12, for government officials responsible for disaster risk management.