Barbados launched the world's first debt-for-climate-resilience operation.

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The deal generated US$125 million in fiscal savings which will be channeled into new resilience investments.
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The debt conversion represents an innovative financing model for climate adaptation that avoids increasing the burden of public debt.

Barbados has completed an unprecedented debt-for-climate operation to finance water and sewage projects resilient to climate change. Through support from its international funding partners, Barbados replaced outstanding, more expensive debt with more affordable financing, generating US$125 million in fisca...

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Shooting Incident Under Investigation on Fan Coral Road, Beacon Hill.

PHILIPSBURG:--- The Sint Maarten Police Force (KPSM) is investigating a shooting incident that occurred earlier today on Fan Coral Road in Beacon Hill. At approximately 6:30 p.m., Central Dispatch received the first report of an armed confrontation at a private residence.

Preliminary investigations indicate that an armed intruder on his property confronted a male resident. During the altercation, the resident and his dog attempted to defend themselves. The confrontation escalated, resulting in both the resident and his dog being shot.

The male vi...

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IETA Gives Passenger Transport Operators Stern Reminder to Comply with Regulations and to Always Carry Required Documentation.

PHILIPSBURG:--- The Inspectorate of Economic and Transport Affairs (IETA) reminds all passenger transport operators to adhere to the passenger transport ordinance and decree as well as the Regulation of Motor Vehicle Inspection and the Road Traffic Ordinance. Always have readily available the following documents to present at the first request of a transport controller: 1) the authentic version or authentic copy of the main permit, and if applicable, the assistant driver’s permit; 2) a valid vehicle insurance policy displaying the correct vehic...

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Dutch and French Transport Control Units Join Forces to Regulate Cross-border Public Buses.

PHILIPSBURG:--- On Thursday, November 21, 2024, from 3:00 PM to 5:00 PM, transport controllers from both the Dutch and French sides of the island collaborated near the Cole Bay and Bellevue Border Monument to monitor and enforce compliance among public passenger bus operators. The operation targeted cross-border movements, ensuring adherence to jurisdictional regulations and permit conditions, with a special focus on namely the 30 Dutch bus drivers authorized or appointed to operate on the Transborder route Philipsburg -Marigot -Philipsburg.
Enf...

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