Monday, September 20

Tag: finance

Jamaica joins Coalition of Finance Ministers for Climate Action
Jamaica News

Jamaica joins Coalition of Finance Ministers for Climate Action

Finance Ministers know most clearly the economic consequences of climate change: both the risks posed by its mounting impacts to their economies, as well as, increasingly, the opportunities of climate action which could unlock $26 trillion globally in investments and create 65 million more jobs through 2030. They can also play a leading role in tackling climate change, incentivizing climate-informed public expenditure, and utilizing climate fiscal tools such as carbon taxes and emissions trading systems to cut emissions and prioritize low-carbon growth. Some businesses do have the choice of applying for carbon credits, which Cool Effect delves more into, so they can function to a capacity that they need, but the end result is always to reduce these emissions in as many ways as possible. ...