London Daily

Focus on the big picture.
Saturday, Oct 03, 2026

'Greedy capitalists paying no heed to Climate Change' - Premier Fahie

'Greedy capitalists paying no heed to Climate Change' - Premier Fahie

With the Bahamas still grappling with the aftermath of Hurricane Dorian that ravaged the country in September of 2019, Premier and Minister of Finance, Hon Andrew A. Fahie says now more than ever, the region and especially the British Virgin Islands must focus on building resilient economies to mitigate the effects of climate change.

The Leader of Government business made the utterance during his opening statement, when the Seventh Sitting of the First Session of the Fourth House of Assembly of the Virgin Islands commenced today Thursday, October 17, 2019, in Road Town, Tortola.


Empathise with the Bahamas

Turning his attention to the state of affairs in the Bahamas, Hon Fahie said, "If anyone can empathise with the people of the Bahamas, we the people of the Virgin Islands can, because only two years ago we faced what they are facing at present... their situation is worst because the latest death toll from Dorian is 61 confirmed fatalities with about 600 persons still unaccounted for and they are dealing with a spill of about 1.5M gallons of oil from a damaged storage facility."

According to the Premier, every year storms are growing more unexpected due to a change in weather patterns for the worst and he says the region must, therefore, be prepared for anything.

"We are witnessing more powerful storms and hurricanes being formed, they are developing in more rapid succession... their behaviour is unusual and unpredictable often deviating from the forecast models [and] are more destructive," he said, noting that modern storms are defying known science and redefining it.

Premier Fahie pointed out that the Virgin Islands now has 'a front-row seat' to the destructive vicious cycle of climate change brought about by global warming, rising ocean temperatures and melting of ice in the polar region.

As a result of this, he said the region is now taking steps to do all that it can to protect the environment by building awareness and using international forums to keep the topic on the front burner.


Buiding resilient economies

"Regional leaders, including myself, and using every available forum to bring urgent attention to this situation that places countries like ours at the greatest immediate risk, but greedy capitalists in other so-called more developed countries are paying no heed as they continue to pump pollution and carbon into our atmosphere and oceans."

The Premier pointed to a September 23, 2019, presentation at the United Nations (UN) by Prime Minister of Barbados, Hon Mia A. Mottley where she was allotted an extremely limited time to speak on the topic of climate change and the Caribbean, yet interrupted, as an example of callousness to the subject by the developed world.

"Would you believe that the moderator tried on 6 occasions to cut off Prime Minister Motley before she could complete her statement, that is how they treat us as small counties," he said noting that three minutes was hardly enough to speak on such a vast issue even as the region accounts for less than 1% of global greenhouse gasses.

"These are some of the reasons why we in the Caribbean are now living on the edge and having to deal with the kind of trauma we faced when Hurricanes Irma and Maria ravaged us two weeks apart in 2017 and this is why as we continue the work to recover, we have to become more resilient."

Premier Fahie said moving forward, better economies will be designed as in the case of the VI, "Not just in terms of building infrastructure that can withstand strong hurricane winds, but resilient in terms of the diversity of our economy, the equipping of our people with skills that will reduce or remove their vulnerability to shocks."

Newsletter

Related Articles

0:00
0:00
Close
Church of England to Apologize for Role in Historical Forced Adoptions
UK Defence Ministry Investigates Historical Use of RAF Bases by Jeffrey Epstein
Scottish Housing Completions Fall to 11-Year Low
Welsh First Minister Calls for Expanded Devolution Settlement
UK Pledges £50 Million to Expand Domestic Military Drone Capabilities
UK Opens First Commercial Geothermal Plant in Cornwall
Green Party Wins Gorton and Denton By-Election as Labour Falls to Third
Prime Minister Andy Burnham Opens Review of UK-EU Relationship
UK Inflation Rises to 3.1%, Adding Pressure on Household Finances
UK Removes VAT From Domestic Electricity Bills to Ease Winter Energy Costs
Counterterrorism Police Arrest Sixth Suspect Over RAF Fairford Incident
UK Councils to Receive Sweeping Planning Powers to Ban New Vape and Betting Shops
Chancellor John Healey Faces Tax and Pension Scrutiny Ahead of Autumn Budget
Metropolitan Police Apologise for Accidental Disclosure in High-Profile Investigation
UK Universities Report Record International Enrolment as Housing Pressure Grows
UK Logistics Firms Monitor Rhine Disruption as Low Water Threatens European Supply Chains
UK Food Industry Warns Inflation Could Approach 7%
UK Introduces Vaping Duty and Mandatory Retail Stamps
Scotland Raises Property Taxes and Expands Child Payment in Annual Budget
Greggs Plans Four Factory Closures With 740 Jobs at Risk
OECD Raises UK 2026 Growth Forecast to 1.1%
UK Inflation Rises to 3.1% as Bank of England Faces Rate Debate
Andy Burnham Criticises Brexit and Says Rejoining EU Single Market Remains an Option
UK Imposes New Sanctions on Russian Military Networks and Propagandists
UK Launches Nationwide Early-Release Prison Scheme
Andy Burnham Says Security Services See Signs of Iranian Involvement in RAF Fairford Incident
Manchester City Found Guilty on Premier League Financial Charges After Independent Investigation
Scottish Court to Rule on Bid to Force No-Confidence Vote Against Aberdeen Council Co-Leader
UK Bans Extra Charges for Seating Children Under 12 Beside Accompanying Adults
UK Introduces Vaping Duty and New Licensing Requirements
Greggs to Close Four UK Factories and Cut 740 Jobs
Hundreds of Prisoners Released Early as England and Wales Prisons Reach 98% Capacity
UK Unveils New Russia Sanctions Targeting War Funding and Shadow Fleet
Burnham Says There Are Strong Indications of Iranian Involvement in RAF Fairford Security Breach
Prime Minister Andy Burnham Raises Prospect of Reviewing Britain's Post-Brexit EU Relationship
Markets Price in Bank of England Rate Increases as Inflation Rises to 3.1%
UK Borrowing Costs Climb Toward 5.5% as Global Bond Sell-Off Intensifies
UK-France One-In-One-Out Migration Agreement Expires as London Seeks Alternative Measures
Southwest England Faces Flood Alerts After Heavy Autumn Storms
UK Expands Funding for Rapid Electric Vehicle Charging Infrastructure
Welsh Government Approves Funding to Upgrade South Wales Transport
Northern Ireland Tensions Rise as Orange Order Rejects Drumcree Compromise
NHS Leaders Back Early Design of Proposed National Care Service
More Than One-Third of Regional UK Universities Face Financial Deficits
UK Current Account Deficit Narrows as Cross-Border Financial Flows Remain Strong
Bank of England and FCA Issue New Rules for Stablecoins and Digital Assets
MI5 Warns UK Universities Over Research Links With Chinese Institutions
UK Energy Price Cap Rises 4% as Electricity VAT Is Temporarily Suspended
Equity Calls for UK Personality Rights to Protect Performers From AI Replication
OpenAI Pauses Advanced Model Training Following Safety Concerns
×