Connect with us

Uncategorized

Reviving Coastal Reefs: A Collaborative Effort in the Virgin Islands

Published

on

The Government of the Virgin Islands has partnered with the Association of Reef Keepers (ARK) and Rethink Rebuild Regenerating (rrreefs) to breathe new life into the reefs surrounding the islands.

Rrreefs, an award-winning organisation based in Zurich, Switzerland, is renowned for its mission to revive 1% of coastal coral reefs by 2033. Employing cutting-edge 3D printing technology, they have developed underwater modular clay reef systems that serve as complex habitats conducive to coral recruitment and marine life proliferation.

Marine Biologist and Environmental Officer at the Ministry of Environment, Natural Resources and Climate Change, Ms. Argel Horton, expressed optimism about the innovative approach, stating, “Once it starts thriving, it can be replicated and integrated into our existing reef system so the Territory’s coastal defense can protect us from intense hurricanes, storms, and flooding in our critical low-lying communities.”

The first 3D printed reef, measuring 20 cubic meters, was assembled off Cooper Island at Cistern Rock, a popular snorkeling and dive site. Mr. Christophe Gudin, head of Institute Le Rosey in Switzerland, which facilitated the project, emphasised the importance of marine conservation for future generations, stating, “The changes I have witnessed over the past 20 years underwater and the importance for the next generation of leaders to grasp this fundamental issue has matched remarkably well with this project.”

Over the next two years, ARK will monitor the reef’s impact on marine biodiversity, while Dr. Shannon Gore, Managing Director for ARK, highlighted the critical role of restoration in combating the ongoing threats to coral reefs globally.

“We look forward to seeing how this reef evolves over the coming years and how we can implement more of these types of reefs in the BVI,” said Ms. Marie Griesmar, Co-Founder of Rrreefs, reflecting on the project’s potential for long-term conservation efforts.

Rrreefs has successfully implemented similar projects worldwide, including San Andrés Island, Colombia, where coral recruitment was observed just eight months after installation, demonstrating the efficacy of their approach.

Uncategorized

Liburd and Croal Break BVI National Records at NCAA Championships

Published

on

By

Liburd erases Ashley Kelly’s 400m record; Croal ranks 6th globally in 200m

Athletes from the British Virgin Islands made history at the NCAA Division I Outdoor Track & Field Championships First-Round held in Jacksonville, Florida this week, setting new national records in the 400m and 200m events.

On 29 May, Kaelyaah Liburd ran 51.43 seconds in the women’s 400 metres, establishing a new BVI national record and qualifying for the second round of competition scheduled for 31 May. The performance breaks the previous mark of 51.63 seconds, set by Ashley Kelly, OLY, on 8 July 2017 at the Tru Fit Miami Invitational.

One day later, on 30 May, Jaleel Croal delivered a standout performance in the men’s 200 metres, clocking 19.95 seconds at the NCAA East Prelims. The result set a new BVI national record and currently ranks Croal sixth in the world for the 2025 outdoor season in the event.

Continue Reading

Uncategorized

British Virgin Islands Regulators Move to Wind Down Bank of Asia (BVI) Limited

Published

on

By

Regulators in the British Virgin Islands (BVI) have begun the process to wind down operations of Bank of Asia (BVI) Limited, officials announced on Thursday. The Virgin Islands Deposit Insurance Corporation (VIDIC), in collaboration with the British Virgin Islands Financial Services Commission (the Commission), stated that the decision was taken to protect depositors and ensure stability in the Territory’s banking sector.

“Our remit is to provide protection for depositors against the loss of insured deposits placed within member institutions,” said VIDIC CEO Mrs. Lisa Violet. “We are committed to ensuring that consumers using banks in the BVI are protected. We will provide updates on this process as developments warrant.”

The Commission, the regulatory authority established under the Financial Services Commission Act of 2001, emphasized the need for the action. “The banking sector in the BVI remains stable, strong, and resilient,” said Managing Director/CEO Mr. Kenneth Baker. “We remain committed to lending maximum support to VIDIC as per our statutory obligations.”

The move to wind down Bank of Asia (BVI) Limited follows the guidelines and legal framework set by the Virgin Islands Deposit Insurance Act, which was passed in January 2024. The Act established VIDIC as an independent statutory body tasked with protecting depositors and strengthening the financial system in the Territory.

The British Virgin Islands Financial Services Commission oversees a wide range of financial activities in the Territory, including banking, insurance, fiduciary services, investment business, and the registration of companies and intellectual property. The Commission’s role is to ensure that financial services are well-regulated, transparent, and aligned with international best practices.

Continue Reading

Uncategorized

BVI Leads Launch of Caribbean Sustainable Development Network

Published

on

By

The British Virgin Islands, in coordination with 16 Caribbean governments, has formalised the establishment of a new regional body to strengthen cooperation on sustainable development.

The Caribbean Subregional Sustainable Development Network (CSSDN) was launched following a virtual debriefing of the Eighth Meeting of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development. The network is expected to facilitate more structured collaboration among governments implementing the 2030 Agenda for Sustainable Development.

“The CSSDN creates a dedicated space for Caribbean countries to coordinate and engage on sustainable development issues that matter most to our region,” said Mr Benito Wheatley, Special Envoy of the British Virgin Islands and Vice Chair of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), who chaired the session. Wheatley was selected to serve as Interim Chair of the new network.

Ms Latoya Clarke, Programme Director and SDG Focal Point at the Planning Institute of Jamaica, was named Interim Vice Chair.

The initiative was convened by the Government of the British Virgin Islands with technical support from ECLAC. It is also intended to support the Caribbean Development and Cooperation Committee (CDCC) and provide a framework for consistent dialogue with the broader United Nations system.

Participants received updates on key sustainable development topics from various UN agencies during the meeting, including a progress report on the Antigua and Barbuda Agenda for SIDS (ABAS) by the United Nations Department of Economic and Social Affairs’ (UN DESA) SIDS Unit.

Mr Sainivalati Navoti, Chief of the SIDS Unit, was joined by Ms Emanuela Calabrini, Senior Sustainable Development Officer, and Ms Anya Ihsan Thomas, Sustainable Development Officer, in delivering the report.

Mr Abdullahi Abdulkadri, Coordinator of the Statistics and Social Development Unit at ECLAC, and Mrs Diane Quarless, Chief of ECLAC’s Subregional Headquarters for the Caribbean in Port of Spain, presented on the outcomes of the forum and the status of the Sustainable Development Goals (SDGs) across the Caribbean.

Economic strategy was also addressed through a presentation on productive development policy by Mr Paul Wander, Economic Affairs Officer from ECLAC’s Division of Production, Productivity and Management.

At the close of the meeting, participants recognised Mrs Diane Quarless for her contributions to Caribbean sustainable development as she prepares to conclude her term as Chief of ECLAC’s Caribbean Subregional Headquarters.

The meeting included representatives from Anguilla, Aruba, Barbados, The Bahamas, Belize, Bermuda, the British Virgin Islands, Cayman Islands, the Dominican Republic, Curaçao, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Sint Maarten, and Suriname.

Continue Reading

Trending