TAILIEUCHUNG - HUMANITARIAN IMPLEMENTATION PLAN (HIP) DIPECHO Caribbean

Between transposition of the Directive and the implementation of their passport, non-EU AIFMs may manage EU AIFs if permitted by national regimes in the EU. They may use national PPRs for marketing to EU investors, subject to additional conditions. Between the implementation of the passport for non-EU AIFMs and the withdrawal of national PPRs in the EU, non-EU AIFMs3 may be allowed to register under the Directive via the Member State of reference procedure to manage EU AIFs and to market AIFs (EU and non-EU) in the EU under the passport. They may also choose to continue to market AIFs in. | Last update 23 10 2012 Version 1 Year 2013 HUMANITARIAN IMPLEMENTATION PLAN HIP DIPECHO Caribbean 1. Context The Caribbean region experiences multiple natural disasters. The hurricane season lasts for six months . from June to November with tropical storms often taking the form of a hurricane. The region is also prone to floods flash floods tsunamis landslides and mudslides. Some islands experience earthquakes and volcanic eruptions. The physical risk is combined with socioeconomic factors such as high population density fast demographic growth inequality1 and great poverty. The combination of these factors results in highly vulnerable communities with few coping capacities in the event of disaster. Moreover climate change is likely to negatively affect disaster trends in the region. The hurricanes season of 2008 demonstrated tragically the Caribbean region s exposure and vulnerability to disasters. Hurricanes and tropical storms devastated parts of Haiti and Cuba three hurricanes made landfall on Cuba in less than three months and also caused important damages in Jamaica the Cayman Islands and Turks and Caicos. Hurricanes floods and mudslides claimed more than 800 lives in the region with Haiti particularly affected. Moreover some 114 people perished in floods caused by Tropical Storm Noel in the Dominican Republic Haiti and Jamaica in November 2007. In Suriname in June 2008 severe flooding occurred causing tremendous damage to inland communities. Next seasons have also impacted significantly the region. In 2010 Tropical Storms Nicole in Jamaica as well as Hurricane Tomas in Saint Lucia and Saint Vincent and Grenadines affected more than 200 000 people and in 2011 Tropical Storm Ophelia in Dominica and Hurricane Irene in Bahamas caused severe rainfall over the islands and flooding and conducting to the deployment of international support . Earthquakes are also frequent in certain areas of the region especially in Haiti Cuba Dominican Republic and Trinidad. An .

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