At the State of the Tourism Industry Conference (SOTIC) in Guyana, Jamaica’s Tourism Minister Edmund Bartlett put a blunt idea on the table: the region should create a Caribbean Tourism Resilience Fund before the next hurricane, not after it. For a region shaped by beauty and exposure, the proposal is more than a slogan. It is a call to treat tourism like critical infrastructure, one that depends on the Caribbean, Jamaica, Guyana, airports, small businesses, and the confidence of visitors who expect paradise to stay open when storms arrive.
The timing matters. Caribbean tourism sits at the intersection of tourism, hurricane risk, climate change, and repeated economic shocks. In that setting, resilience is not a buzzword; it is continuity, liquidity, and the ability to reopen quickly. The central question is no longer whether the region needs a fund. It is whether governments, private operators, and development institutions can agree on how to finance it, govern it, and keep it credible.
Why the proposal matters now
Caribbean economies are deeply exposed to disruption because tourism revenue spreads across airlines, ports, taxis, farmers, artisans, guides, and resorts. When a storm damages one beach strip, the effects ripple through the whole local economy. That is why disaster recovery in tourism cannot be left to ad hoc relief or slow insurance payments. It needs pre-arranged financing, a lesson long discussed in disaster risk reduction and increasingly urgent in climate policy.
Bartlett’s proposal is also a political signal. It says resilience should be funded like roads, ports, and airports, not treated as an emergency afterthought. That logic aligns with the wider shift toward climate resilience, where the goal is not just to rebuild after damage but to absorb shocks, shorten downtime, and protect livelihoods. For a region where tourism remains a pillar of growth, that is an argument with real economic weight.
Tourism’s hidden vulnerability
Tourism is often portrayed as a sunny sector, but it is also structurally fragile. A hotel can have full occupancy one week and a cancelled season the next. A damaged road, a closed airport, or a water system failure can stop revenue instantly. Small guesthouses and family businesses usually have the least cushion, even though they are essential to destination identity and community employment. In practice, the most vulnerable firms are often the ones carrying the greatest social value.
What a Caribbean Tourism Resilience Fund could finance
If the proposal is designed well, the fund would not simply write cheques after disasters. It could finance a layered strategy that combines preparedness, response, and recovery. The strongest systems in risk management spread support across different time horizons: before a storm, in the first days after landfall, and during the long rebuild. That logic is close to insurance and effective public-private partnerships.
| Funding layer | Possible use | Why it matters |
|---|---|---|
| Pre-disaster | Retrofits, drainage, backup power, staff training, business continuity planning | Reduces damage before the shock hits |
| Immediate response | Emergency cash for workers, temporary shelter, debris cleanup, reopening costs | Shortens the period when cash flow collapses |
| Recovery and rebuilding | Low-cost loans, grants for SMEs, destination marketing, infrastructure repair | Restores confidence and speeds market return |
That kind of structure would be especially valuable for small and medium-sized enterprises, which often cannot access fast credit after a disaster. It could also help preserve jobs for workers who live paycheck to paycheck, many of whom support the tourism economy indirectly. If the fund is limited to large hotels, it will miss the broader ecosystem. If it reaches the full supply chain, it becomes a genuine resilience instrument rather than a narrow relief program.
How would a Caribbean Tourism Resilience Fund work in practice?
The cleanest answer is: it would probably need to be a pooled regional mechanism with clear rules, predictable funding, and rapid triggers. Some countries might contribute directly from public budgets. Private firms could pay membership fees or levy-based contributions. Development partners such as the World Bank, the Caribbean Development Bank, or UN Tourism could provide technical support or seed capital. The idea would resemble a resilience facility more than a single pot of emergency aid.
There is also a financial architecture question. The region already has experience with regional risk-sharing, including the Caribbean Catastrophe Risk Insurance Facility. That model matters because it shows how small states can buy speed. But a tourism-focused fund would have to do more than pay governments after a catastrophe. It would need to balance public relief, business continuity, and worker support in a way that avoids duplication and moral hazard. That is where catastrophe bonds, parametric triggers, and reserve pools may all enter the discussion.
Why Caribbean disaster risk financing has to be layered
In Caribbean disaster risk financing, the strongest systems usually combine several instruments. A reserve fund can cover small, frequent shocks. Insurance can cover medium losses. Donor-backed lines of credit can support larger events. A regional tourism fund could sit between those layers and provide fast, visible support that keeps the visitor economy alive when the next storm arrives. That is the difference between a sector that waits and a sector that adapts.
Governance will decide whether the fund earns trust
In any regional fund, governance is the real test. Contributions need transparent formulas. Payout criteria must be published in advance. Audits should be independent. The board should represent governments, tourism bodies, labor interests, and financial experts with no direct stake in payouts. Without that, the fund risks becoming another politically contested pool of money rather than a disciplined resilience mechanism.
This is where the language of the Caribbean Community matters. A regional instrument only works if member states believe the rules are fair even when the weather is not. It also has to respect national sovereignty while still operating fast enough to matter. Disaster finance that arrives six months late may be technically useful, but it is not resilience in the practical sense. It is paperwork after pain.
Why is a Caribbean Tourism Resilience Fund important?
The answer is that tourism is not only an industry; it is a living system of roads, small businesses, farms, beaches, and reputations. The World Tourism Organization has long emphasized sustainable and resilient tourism systems, and that framing is especially relevant in the Caribbean. If a destination is damaged, recovery is rarely linear. Demand can fall, workers can migrate, lenders can tighten, and governments can face budget stress just when spending needs rise.
From an economic perspective, a well-designed fund could reduce the severity of the post-disaster contraction by injecting liquidity early. That matters because disasters do not only destroy buildings; they destroy cash flow. For many firms, the gap between reopening in weeks and reopening in months can decide whether they survive. In that sense, a tourism disaster recovery fund is not charity. It is a buffer against shock and a tool for keeping destinations in the market.
Lessons from other resilience tools
The Caribbean does not need to invent the concept of resilience financing from zero. It can borrow from disaster recovery funds, sovereign insurance pools, and development bank facilities. The lesson from successful risk tools is that speed, clarity, and pre-agreed triggers matter more than perfect generosity. A mechanism that pays quickly and predictably can do more good than a larger fund trapped in approval chains.
It is also worth remembering that sustainable tourism is not just about protecting reefs and beaches; it is about ensuring that communities can absorb shocks without losing the social fabric that makes destinations attractive in the first place. Tourism that depends on fragile ecosystems and precarious labor is profitable only until the next storm exposes its weaknesses. That is why resilience financing should be viewed as part of destination stewardship, not as a separate accounting line.
Experts in risk management often argue that the best disaster strategy is layered. Some risks are insured. Some are reserved for. Some are transferred to markets. Some are handled through public emergency programs. A Caribbean tourism fund would work best if it recognized that no single instrument can solve everything. This is where a blend of public money, private-sector contributions, and donor-backed capital could become more effective than any single source.
The political and practical barriers are real
Even good ideas meet hard realities. The first barrier is funding. Several Caribbean governments operate under tight fiscal constraints, and tourism businesses may resist any new levy unless they can see clear value. The second barrier is fragmentation: each island has different exposure, legal systems, and fiscal capacity. The third is timing. Building consensus before the next disaster is always harder than finding sympathy after one.
There is also the risk of duplication. If a new fund sits beside existing insurance arrangements, emergency budgets, and donor programs, the region could end up with more institutions but not more speed. That is why any proposal should map existing mechanisms carefully, including national disaster agencies, private insurers, and regional facilities already working in the Caribbean. The fund must fill a gap, not create a new layer of delay.
And then there is accountability. Any money designed for resilience will be scrutinized by taxpayers, hotel owners, labor groups, and lenders alike. If the rules are vague, confidence will erode quickly. If the fund pays out inconsistently, it may be seen as political rather than strategic. Good governance is not a technical add-on here; it is the difference between a trusted public instrument and a promise that fades with the news cycle.
What should readers watch next?
The next phase will reveal whether Bartlett’s call becomes a policy blueprint or just a powerful speech. Watch for four signals: whether ministers agree on a contribution formula, whether the private sector accepts a fair role in funding, whether the mechanism can be paired with existing disaster finance tools, and whether the fund is built to support both governments and frontline tourism businesses. Those details will tell us whether the region is building a system or merely naming a wish.
- Capitalization: Will the fund start with real money or only pledges?
- Trigger speed: Can payouts arrive quickly enough to matter in the first days after a storm?
- Eligibility: Will workers and SMEs be included, or only large operators and governments?
- Transparency: Will audits, public reporting, and clear rules be mandatory from day one?
- Integration: Will the fund complement existing insurance and disaster recovery tools?
Frequently asked questions
What is a Caribbean Tourism Resilience Fund?
It would be a regional financing mechanism designed to help Caribbean destinations, workers, and businesses prepare for, respond to, and recover from hurricanes and other shocks more quickly than ad hoc aid allows.
How would it differ from insurance?
Insurance usually covers specific losses under a contract. A resilience fund could blend grants, emergency cash, and recovery finance, including support for workers and small businesses that are often underinsured or uninsured.
Why does the tourism sector need its own mechanism?
Because tourism damage spreads across many actors at once: hotels, transport, food suppliers, attractions, and communities. A sector-specific tool can move faster and target the whole visitor economy, not just one asset class.
Could the fund replace existing disaster programs?
Not likely. The smartest approach would be to complement national emergency systems, regional insurance facilities, and development bank lending, while filling the gap between disaster impact and full recovery.
The deeper insight behind Bartlett’s call
The strongest argument for a Caribbean Tourism Resilience Fund is not that hurricanes are coming; it is that the region already knows they are coming. In that sense, the debate is not about predicting disaster, but about financing preparedness with the seriousness usually reserved for highways, ports, and airports. That is a profound shift in thinking, and it may prove more important than the fund itself.
Over the next few years, the decisive issue will be whether Caribbean leaders treat resilience as a shared asset or a recurring emergency. If they choose the former, the region could build a model that combines regional solidarity, faster recovery, and more stable livelihoods. If they choose the latter, each storm will keep forcing the same expensive lesson: the bill for delay is always higher than the cost of preparation.
Frequently Asked Questions
How is a Caribbean Tourism Resilience Fund different from ordinary disaster aid or insurance payouts?
Unlike ad hoc disaster aid, a resilience fund is pre-arranged and can release money quickly when a storm hits. Compared with insurance, it can support broader needs that insurers often do not cover, such as emergency cash for workers, reopening costs, and small-business recovery. Its value is speed, flexibility, and regional coordination rather than case-by-case compensation.
Who would likely pay into the fund, and why should the private sector contribute?
A credible fund would likely be financed by a mix of governments, tourism businesses, development banks, and possibly donor partners. The private sector has a direct stake because tourism revenue depends on rapid recovery after shocks. Contributions are easier to justify when the fund reduces downtime, protects supply chains, and helps preserve visitor confidence across the entire destination.
Why does the article emphasize small and medium-sized enterprises instead of just hotels and resorts?
Because SMEs are often the first to suffer and the last to recover after a disaster. Guesthouses, tour operators, farmers, artisans, and transport providers may have little cash reserve or access to fast credit. If the fund excludes them, tourism may reopen on paper while the wider destination economy remains weak and local jobs stay at risk.
What kind of projects should the fund support before a hurricane even happens?
The most effective use of pre-disaster funding is to reduce future losses. That includes retrofits, drainage improvements, backup power systems, staff training, and business continuity planning. These investments may seem less visible than post-storm aid, but they can shorten shutdowns, lower repair bills, and help tourism facilities stay operational when extreme weather arrives.
What is the biggest risk if a Caribbean Tourism Resilience Fund is created but poorly governed?
The biggest risk is losing trust. If the fund is slow, politicized, or captured by only a few large operators, it will fail to deliver the rapid support tourism needs. Good governance matters because contributors need confidence that money will be transparent, fairly allocated, and directed toward genuine resilience rather than routine spending.

