Bahamas seeks help to pay off debt brought by huge storms, result of climate change

(25 Sep 2024)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
ARCHIVE: Freeport, Bahamas – 4 September 2019
1. Various of houses destroyed by Hurricane Dorian

ASSOCIATED PRESS
New York – 23 September 2024
2. SOUNDBITE (English) Philip Davis, Prime Minister of the Bahamas:
“The Bahamas, which is an ocean state, spread over 100,000 square miles. We have 700 islands and keys, but the landmass is less than three meters above sea levels. We are standing on ground that is quickly disappearing.”

ASSOCIATED PRESS
ARCHIVE: Freeport, Bahamas – 2 September 2019
3. Various of trees being blown by strong winds
4. Wide of heavy rains and strong winds

ASSOCIATED PRESS
New York – 23 September 2024
5. SOUNDBITE (English) Philip Davis, Prime Minister of the Bahamas:
“More than 50% of my national debt, it could be directly attributed to recovery and rebuilding after a hurricane. Not the least to highlight that how might development… how that takes away from any development plans that we may have. And the other social responsibilities as a government we have, to our people.”

ASSOCIATED PRESS
ARCHIVE: Freeport, Bahamas – 31 July 2020
6. Various of a mom and son securing storm shutters

ASSOCIATED PRESS
New York – 23 September 2024
7. SOUNDBITE (English) Philip Davis, Prime Minister of the Bahamas:
“We have the issues of commitments by the Global North, pledges by the Global North. I’ve said to them many times in open forum that I am pledge fatigue and commitment fatigue, and action is required now. And they have to appreciate that what is happening in the Global North impacts the Global South. That this issue of the climate crisis doesn’t stay within borders.”

ASSOCIATED PRESS
ARCHIVE: Permian Basin, Texas – 11-15 October 2021
8. Various oil wells

ASSOCIATED PRESS
New York – 23 September 2024
9. SOUNDBITE (English) Philip Davis, Prime Minister of the Bahamas:
“Some of the oil producing companies ought to pay at least 2% of their profits into a fund to help, to help us in the Global South. So that that is the concept of The Polluters Pay. And yes, we do that. But insofar as the trillions of dollars that’s needed to assist in the change that is necessary, we appreciate the governments cannot do that. And we’ve been advocating that, that we need to get into the private sector.”

ASSOCIATED PRESS
ARCHIVE: Freeport, Bahamas – 4 September 2019
10. Various of houses destroyed by Hurricane Dorian

ASSOCIATED PRESS
New York – 23 September 2024
11. SOUNDBITE (English) Philip Davis, Prime Minister of the Bahamas:
“If the Global North and the world yield to our cries, we might be able to reverse sea level rises, we may be able to reverse the consequences of the crisis of climate change. If that happens, then we will all be safe.”

ASSOCIATED PRESS
ARCHIVE: McLean’s Town, Bahamas – 8 September 2019
12. Various of aerials of neighborhoods completely destroyed by Hurricane Dorian ++MUTE++
STORYLINE:
The Bahamas is stuck in a financial pickle, much of it because of the whims of climate change, bureaucracy and the fossil fuel industry, said its prime minister, who adds that he is tired of promises of help but little action.

Like many other countries in the Global South, Bahamas has a lot of debt from warming-connected weather disasters its leaders say it did little to cause.

In 2019 Hurricane Dorian, the strongest storm to hit Bahamas on record, caused $3.4 billion in damage. By comparison the country’s annual revenue is only $2.8 billion to $2.9 billion a year, Davis said. So just four days wiped out more than a year’s worth of revenue.

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