Stakeholder efforts to establish a robust green bond market for Jamaica are being ramped up.
This thrust represents a critical step towards securing a sustainable future for the island.
Pivotal to this undertaking is the launch of the Jamaica Stock Exchange (JSE) Green Bond platform, the first of its kind in the Caribbean.
This will facilitate the trading of green, social and sustainable bonds.
Minister without Portfolio in the Ministry of Economic Growth and Job Creation with Responsibility for the Environment, Hon. Matthew Samuda, underscored the importance of this undertaking, consequent on the “hundreds of billions of dollars” Jamaica needs to prepare for a world exceeding the 1.5° Celsius warming target.
Addressing a stakeholder workshop at The Jamaica Pegasus hotel in New Kingston on Tuesday (March 11), Mr. Samuda noted that with 70 per cent of the population living within five kilometres of the sea, the stakes are “incredibly high”.
Full Story By: : Jamaica Fast-Tracks Green Bond Market for a Sustainable Future – Jamaica Information Service
Image Credit: Donald De La Haye
