Thursday, January 21

Tag: caricom

Region must place high priority on Disaster Management
All, Jamaica News

Region must place high priority on Disaster Management

Minister of Local Government and Community Development, Hon. Noel Arscott, says the region must place high priority on the issue of disaster management. He noted that the Caribbean region is considered to be the second most disaster prone in the world, and revealed that for Jamaica alone, it is conservatively estimated that for the past 10 years, the country has lost $14 billion annually, dealing with damage caused by impact of hazards, such as hurricane and floods. The Minister pointed out that this is more than the capital budget of many government departments. Mr. Arscott, who is the incoming Chair of the Caribbean Disaster Emergency Management Agency (CDEMA) Council of Ministers, was speaking at the opening ceremony and cocktail reception for the third meeting of the Council of the ...
Jamaica and other CARICOM countries to benefit from green energy projects
All, Jamaica News

Jamaica and other CARICOM countries to benefit from green energy projects

At least four Caribbean Community (CARICOM) countries are to benefit from US$600 million in financing for renewable energy and energy efficiency projects in Central America and the Caribbean over the next five years. The Inter-American Development Bank (IDB) says the Japan International Cooperation Agency (JICA) will also contribute funds towards the projects. The framework agreement was signed during the IDB’s annual meeting on Friday between IDB president Luis Albert Moreno and JICA senior special advisor Hiroto Arakawa. The IDB said that Belize, Guyana, Jamaica and Suriname will benefit from the JICA financing as well as the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and Panama. “For more than 30 years, Japan has been a great partner of the IDB and, in particular, ...
All, Jamaica News

Jamaica takes helm of CARICOM in July

Jamaica will assume the chairmanship of the Caribbean Community (CARICOM) in July, instead of Haiti, the Inter-sessional Meeting of the Conference of Heads of Government decided, recently. In the Chairmanship rotation schedule (more…)