Caribbean Leaders Call for Urgent Climate Financing After Devastating Hurricane Beryl
Hurricane Beryl, the earliest Category 5 storm on record, has left thousands homeless and caused massive economic damage in Grenada and St. Vincent and the Grenadines.
- Hurricane Beryl intensified rapidly due to record warm Atlantic waters, becoming the first Category 5 storm of the season.
- The storm caused hundreds of millions of dollars in damages and left over 20,000 people homeless across the affected islands.
- Leaders from Grenada and St. Vincent and the Grenadines are urging international lenders to ease financing costs and provide immediate aid.
- The Caribbean Catastrophe Risk Insurance Facility will pay $44 million to Grenada, but local leaders say much more is needed.
- The United Nations has requested $9 million in aid to help the 43,000 people affected by the hurricane.