The Caribbean Community (CARICOM) launched the Regional Economic Agricultural Insurance Programme (REAP) at a ceremony in Guyana on Friday. CARICOM deems the initiative crucial to the commitment by Heads of Government to reduce the Region's large food import bill by 25 percent by 2025. In an address to the launch, the CARICOM Assistant Secretary-General, Economic Integration, Innovation and Development, Joseph Cox, emphasised the vital role of agriculture insurance in member states to protect against 'unpredictable and devastating' climate change impacts on the sector. Cox noted that CARICOM Member States are among the most vulnerable Small Island Developing States (SIDS) whose
