CARICOM Secretary-General Commends The Bahamas on 51st Independence Anniversary The Secretary-General of the Caribbean Community (CARICOM), Dr. Carla Barnett, praised The Bahamas as “an example of remarkable socio-economic development within the Region” as the nation celebrates its Fifty-First Anniversary of Independence on July 10, 2024. In a message to Prime
Key Impact Points: Investment Details The International Finance Corporation (IFC), part of the World Bank Group, has announced a substantial investment to support Natura in promoting sustainable sourcing, which will bolster the Amazon bioeconomy and contribute to the protection and regeneration of the Amazon Forest. This initiative is expected to
Empowering Youth for a Plastic-Free Future Dyson Chee, an 18-year-old youth activist from Oahu, is making waves in the fight against plastic pollution. As the founder of Project O.C.E.A.N. Hawai’i, Dyson played a pivotal role in the implementation of Bill 40, one of the most stringent single-use plastic bans in
Hurricane Beryl, the first hurricane of the 2024 Atlantic season, made a catastrophic impact on the Caribbean, marking an unprecedented start to the season. The storm, which reached Category 5 status with winds up to 160 mph, left a trail of destruction in its wake, severely affecting countries throughout the
Shaping Sustainability and Climate Investing in 2024 Key Insights As we move into 2024, sustainability and climate investing are influenced by significant trends. Extreme weather events are becoming commonplace, prompting economic and social changes. Technological advances in AI are reshaping data privacy concerns, and investments in nature through the voluntary
Key Impact Points: Australia’s Federal Government has unveiled its Sustainable Finance Roadmap, positioning the nation as a global leader in sustainable finance. This strategic plan aligns with Australia’s commitments under the Paris Agreement and aims to embed sustainability within the core of financial systems. Major Initiatives “The Roadmap is a
Key Impact Points: Othaniel Thomas: Pioneering Climate Risk Consultant at EY Othaniel Thomas has been selected as this week’s rising star for his remarkable contributions to climate risk modeling and sustainability. Currently serving as a Senior Consultant at EY’s Climate Change and Sustainability Services in Toronto, Othaniel has earned recognition
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
Key Impact Points: A new World Economic Forum report, in collaboration with Boston Consulting Group, outlines 11 strategies to reduce building emissions by 80% and unlock $1.8 trillion in global market opportunities by 2030. This comprehensive roadmap aims to transform the global building sector, addressing climate change and protecting biodiversity.
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
