Key Impact Points: Amazon has taken a significant step by sidestepping a global standard for verifying carbon offsets, opting to back a new standard called ‘Abacus.’ This move aims to address the lack of quality-labeled offsets and help Amazon meet its 2040 net-zero emissions target. Critics, however, fear this could
The Caribbean Community advises that, as a result Hurricane Beryl’s impending passage through the Region, the 47th Regular Meeting of CARICOM Heads of Government, scheduled for Grenada from 3-5 July, has been postponed to a date to be determined. The primary focus of the Community is now on citizen safety and
Key Impact Points: Law Firms Intensify Climate Efforts As global temperatures rise, major law firms are ramping up their efforts to combat climate change. A growing number of firms are now integrating climate resilience into their core strategies, providing legal solutions to support sustainable practices and mitigate environmental impacts. Innovative
To avoid the worst of climate change, the scientific consensus is that greenhouse gas emissions must reach net zero by 2050. Many financial institutions have stepped up to the challenge. Here’s what they’ve discovered about what it takes to drive real-world change. Financial institutions face increasingly high expectations for progress
47th Regular Meeting of the Conference of Heads of Government of the Caribbean Community: A Milestone Event The 47th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) is set to take place from July 3-5, 2024, in Grenada. This meeting is particularly significant as
Key Impact Points: The Dominican Government, through the Ministry of Finance, has made history by issuing its first green bonds, totaling $750 million. These bonds achieved a rate of 6.70%, approximately 15 basis points lower than what would have been achieved with other non-thematic financing instruments of a similar term.
Key Points Investment Breakdown IFC’s $25 million blue bond subscription will fund ocean and water-related projects, while $50 million in green bonds will support green buildings, renewable energy, and energy efficiency. “IFC’s investment will help SeABank increase funding for initiatives that support the country’s climate and financial inclusion agenda. We
The Caribbean Community (CARICOM) is set to receive exclusive 50th-anniversary rum blends from thirteen members of the West Indies Rum and Spirits Producers Association (WIRSPA). These rum producers are planning to present their special blends to the governments of CARICOM Member States throughout June, as part of the year-long celebration
The Caribbean Community (CARICOM) has been instrumental in the negotiations for the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, a global treaty endorsed by the United Nations General Assembly in June 2023. This treaty aims to ensure the sustainable use and management of marine biodiversity in areas beyond national jurisdictions. CARICOM
Key Impact Points: The rise of advanced artificial intelligence (edge AI) is poised to revolutionize sustainable agriculture. A recent study outlines a roadmap for integrating edge AI into farming, aiming to enhance efficiency, quality, and safety in agricultural production while tackling environmental, social, and economic challenges. Efficiency & Quality Boost
