Saint Lucia: Human Capital Resilience Project to Improve Social Protection Programs
Castries, Saint Lucia: The collaborative efforts of the Government of Saint Lucia and the World Bank Group led to the facilitation of the Human Capital Resilience Project.
The project’s technical coordinator, Juliana Daniel-Foster, said there are two components to improving human capital resilience.
“This project, implemented by the Ministry of Equity and the Ministry of Education, aims to build the resilience of human capital in Saint Lucia. The main idea behind this is to restructure the TVET Council and help people to qualify for TVET certification and CVQs. This is the first component. Component of the work with two objectives to strengthen the social protection system, which will also provide support to our human capital by enabling more effective interventions for reductions in vulnerability. I think this may be the first for Saint Lucia with the collaboration of the two ministries on a project financed by the World Bank.
Research on relevant labor market skills is integral to the success of the project. “The Human Capital Resilience Project led the coordination of the Labor Market Needs Survey which allows us to assess which occupations or fields of employment would enable people to gain more sustainable income, as well as where there are gaps in the labor market in terms of the demand for qualified personnel. If qualifications are not met by training institutions, employers will not be able to find people to hire in Saint Lucia. Thus, a more coordinated effort where we can direct people to more sustainable services would enable them to become more resilient, experience greater economic inclusion, and our national economic goals will be achieved.
A review of the national social protection policy is a key element of the human capital resilience project.