Financial crisis looms over OACPS, SG Chikoti urges immediate action

Georges Rebelo Pinto Chikoti (Photo: OACPS)

The Organisation of African, Caribbean, and Pacific States (OACPS) faces significant financial challenges that threaten its operations, said Secretary-General Georges Rebelo Pinto Chikoti at the 117th Session of the OACPS Council of Ministers last month.

“Our temporary headquarters prevents us from holding in-person sessions, and our dire financial situation doesn’t allow us to hire conference facilities,” Chikoti said.

Chikoti emphasised three critical points in his address: the need for regular financial contributions, smooth transition to new executive management, and strategic planning for future challenges.

“Regular financial contributions from all member states are crucial.

“Our organisation thrives on solidarity and mutual support. Without adequate funding, our operations face significant constraints, hindering our ability to support member states,” Chikoti stressed.

He urged member states to honour their financial commitments punctually and fully. 

“This will ensure that our organisation remains robust and capable of delivering on its promises.”

Chikoti also highlighted the importance of a seamless transition to new executive management.

“My tenure as Secretary-General ends in February 2025, and it’s crucial that we manage this transition with care.

“The incoming team must be well-versed in our strategic objectives and equipped to carry forward our initiatives,” he said.

He assured support for the transition plan, emphasising the need for a smooth handover to maintain the momentum of the organisation’s work.

Addressing future challenges, Chikoti said, “Our organisation must focus on a future filled with social, economic, and environmental challenges. Climate change, economic instability, and social inequities demand our urgent attention and innovative solutions.”

He announced the creation of the Ambassadorial Crisis Management Group to assess future risks and propose strategies.

“This group’s interim report will provide critical guidance on mitigating challenges and harnessing opportunities.”

The OACPS is grappling with multiple crises, including the impacts of the Russia-Ukraine war, global warming, and the aftermath of the COVID-19 pandemic. “The focus must be on means of implementation, particularly increased funding to address financing shortfalls” Chikoti noted, calling for global financial reform.

SG Chikoti highlighted ongoing initiatives despite financial struggles.

“Our Secretariat continues to service members and assist the organisation in achieving its mandate,” he said, mentioning the development of the OACPS Match Opportunity for South-South Cooperation Platform.

“We thank the Government of Equatorial Guinea for supporting this initiative,” Chikoti added.

He also mentioned the establishment of Focal Point Offices for South-South Cooperation, the creation of the Environment and Climate Action department in 2020 and preparations for COP16 on Biological Diversity and COP29 on Climate Change.

“It is of utmost importance for the OACPS to engage and influence the outcomes of these global processes,” he stressed.

Chikoti urged member states to support countries facing governance and conflict challenges, citing Haiti as an example.

He also stressed the importance of global financial reforms to facilitate and increase development financing.

“Our journey ahead is filled with both challenges and opportunities.

By ensuring regular financial contributions, managing our leadership transitions smoothly, and strategically planning for the future, we can steer our organisation towards greater resilience and prosperity,” he said. He called on members to reaffirm their commitment to these principles and work together to build a stronger, more united OACPS.