London Daily

Focus on the big picture.
Wednesday, Nov 12, 2025

'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
UK Upholds Firm Rules on Stablecoins to Shield Financial System
Brussels Divided as UK-EU Reset Stalls Over Budget Access
Prince Harry’s Remembrance Day Essay Expresses Strong Regret at Leaving Britain
UK Unemployment Hits 5% as Wage Growth Slows, Paving Way for Bank of England Rate Cut
Starmer Warns of Resurgent Racism in UK Politics as He Vows Child-Poverty Reforms
UK Grocery Inflation Slows to 4.7% as Supermarkets Launch Pre-Christmas Promotions
UK Government Backs the BBC amid Editing Scandal and Trump Threat of Legal Action
UK Assessment Mis-Estimated Fallout From Palestine Action Ban, Records Reveal
UK Halts Intelligence Sharing with US Amid Lethal Boat-Strike Concerns
King Charles III Leads Britain in Remembrance Sunday Tribute to War Dead
UK Retail Sales Growth Slows as Households Hold Back Ahead of Black Friday and Budget
Shell Pulls Out of Two UK Floating Wind Projects Amid Renewables Retreat
Viagogo Hit With £15 Million Tax Bill After HMRC Transfer-Pricing Inquiry
Jaguar Land Rover Cyberattack Pinches UK GDP, Bank of England Says
UK and Germany Sound Alarm on Russian-Satellite Threat to Critical Infrastructure
Former Prince Andrew Faces U.S. Congressional Request for Testimony Amid Brexit of Royal Title
BBC Director-General Tim Davie and News CEO Deborah Turness Resign Amid Editing Controversy
Tom Cruise Arrives by Helicopter at UK Scientology Fundraiser Amid Local Protests
Prince Andrew and Sarah Ferguson Face Fresh UK Probes Amid Royal Fallout
Mothers Link Teen Suicides to AI Chatbots in Growing Legal Battle
UK Government to Mirror Denmark’s Tough Immigration Framework in Major Policy Shift
UK Government Turns to Denmark-Style Immigration Reforms to Overhaul Border Rules
UK Chancellor Warned Against Cutting Insulation Funding as Budget Looms
UK Tenant Complaints Hit Record Levels as Rental Sector Faces Mounting Pressure
Apple to Pay Google About One Billion Dollars Annually for Gemini AI to Power Next-Generation Siri
UK Signals Major Shift as Nuclear Arms Race Looms
BBC’s « Celebrity Traitors UK » Finale Breaks Records with 11.1 Million Viewers
UK Spy Case Collapse Highlights Implications for UK-Taiwan Strategic Alignment
On the Road to the Oscars? Meghan Markle to Star in a New Film
A Vote Worth a Trillion Dollars: Elon Musk’s Defining Day
AI Researchers Claim Human-Level General Intelligence Is Already Here
President Donald Trump Challenges Nigeria with Military Options Over Alleged Christian Killings
Nancy Pelosi Finally Announces She Will Not Seek Re-Election, Signalling End of Long Congressional Career
UK Pre-Budget Blues and Rate-Cut Concerns Pile Pressure on Pound
ITV Warns of Nine-Per-Cent Drop in Q4 Advertising Revenue Amid Budget Uncertainty
National Grid Posts Slightly Stronger-Than-Expected Half-Year Profit as Regulatory Investments Drive Growth
UK Business Lobby Urges Reeves to Break Tax Pledges and Build Fiscal Headroom
UK to Launch Consultation on Stablecoin Regulation on November 10
UK Savers Rush to Withdraw Pension Cash Ahead of Budget Amid Tax-Change Fears
Massive Spoilers Emerge from MAFS UK 2025: Couple Swaps, Dating App Leaks and Reunion Bombshells
Kurdish-led Crime Network Operates UK Mini-Marts to Exploit Migrants and Sell Illicit Goods
UK Income Tax Hike Could Trigger £1 Billion Cut to Scotland’s Budget, Warns Finance Secretary
Tommy Robinson Acquitted of Terror-related Charge After Phone PIN Dispute
Boris Johnson Condemns Western Support for Hamas at Jewish Community Conference
HII Welcomes UK’s Westley Group to Strengthen AUKUS Submarine Supply Chain
Tragedy in Serbia: Coach Mladen Žižović Collapses During Match and Dies at 44
Diplo Says He Dated Katy Perry — and Justin Trudeau
Dick Cheney, Former U.S. Vice President, Dies at 84
Trump Calls Title Removal of Andrew ‘Tragic Situation’ Amid Royal Fallout
UK Bonds Rally as Chancellor Reeves Briefs Markets Ahead of November Budget
×