Caribbean News
CIBC FirstCaribbean Continues its Green Push with Electric Car Charging Ports at Main Offices in Warrens
#Bridgetown, Barbados, November 21, 2022 – CIBC FirstCaribbean continues its green initiatives with the recent unveiling of electric charging ports at one of its main offices in Warrens with a further installation expected in a month at its Head Office.
Two EV stations have been installed so far allowing for use by two vehicles at a time at one office location with a further two to be installed at the Michael Mansoor Building, the bank’s head office in Warrens. Provision have been made at both locations for additional charging ports in the future.
“This is another step along the road on our green journey which has included the introduction of paperless
statements for all types of accounts and credit cards, the introduction of energy saving protocols in our offices and of course financing green initiatives at the retail and corporate level,” said Chief Administrative Officer Neil Brennan.
He said the bank was “committed to maintaining strong environmental standards and conducting our activities in an environmentally and socially responsible manner that contributes to long-term value for our clients, employees, the communities where we operate, and our shareholders”.
Brennan said the bank’s Corporate and Investment Banking team continues to “blaze a trail in sustainability-linked financing across the region, having arranged transactions totaling almost US$500 million to date. Indeed, we are the largest commercial lender in the regional Renewable Energy sector with over US$200 million in commitments made and counting”.
He noted that for the “second year running our dedicated corporate team won the Caribbean Renewable Energy Forum’s award for Best Renewable Energy Financing, this is a true testament to their commitment and drive in this key area”.
Last month, CIBC FirstCaribbean, working together with Credit Suisse and supported by The Nature Conservancy and the Inter-American Development Bank, successfully closed a USD146.5 million dual-currency Blue Loan and Blue Bond for the Government of Barbados. This funding will, in part, allow Barbados to protect its marine environment and finance other environmental and sustainable development projects over the next 15 years.
Photo Caption: Staff vehicles make use of the EV station installed at one of the bank’s offices in Barbados.
Release: FirstCaribbean
KINGSTON, April 29 (JIS):
Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Matthew Samuda, says the outcome of discussions arising from the Jamaica National Stakeholder Consultation on Climate Services and the 1st National Climate Forum (NCF-1) will assist in guiding the Government’s planning for climate change.
This, he points out, is important for climate mitigation as well as building Jamaica’s resilience.
“We look forward to the discussions that will, no doubt, take place. We look forward to the basis of planning for the Government to streamline its investments to ensure you have the tools that you need to better advise us, that the WRA (Water Resources Authority) has the tools to digitise its monitoring network, and that all of the agencies that touch our planning mechanisms have the tools. But we need to know what we are facing, and we’re guided by your expertise,” Minister Samuda said.
He was addressing the opening ceremony for the Jamaica National Stakeholder Consultation on Climate Services and the 1st National Climate Forum (NCF-1) at the Courtyard by Marriott Hotel in New Kingston on Monday (April 29).
Senator Samuda said given the fact that the climate has changed and continues to do so, investments in and collaborations on building Jamaica’s predictive and scientific capacity must be prioritised.
“Ultimately, we need to be able to assess our current climatic realities if we are to better plan, if we’re to insist and ensure that our infrastructure meets the needs that we need it to. I’m very happy that this event is happening… because this is a critical issue.
“Jamaica, last year, faced its worst and most severe drought… and this year, we’re already seeing the impacts of not quite as severe a drought but, certainly, a drought with severe impacts, especially in the western part of the country,” he said.
Principal Director, Meteorological Service of Jamaica, Evan Thompson, explained that the forum aims to, among other things, establish a collaboration platform for climate services providers and users to understand risks and opportunities of past, present and future climate developments, as well as improve inter-agency coordination of policies, plans and programmes.
Among the other presenters were Ambassador, European Union to Jamaica, Her Excellency Marianne Van Steen; Chief Scientist/Climatologist, Caribbean Institute for Meteorology and Hydrology, Adrian Trotman; and Head, Regional Climate Prediction Services, World Meteorological Organization, Wilfran Moufouma-Okia.
The Meteorological Service of Jamaica hosted the Jamaica National Stakeholder Consultation on Climate Services and the 1st National Climate Forum (NCF-1) in partnership with the Caribbean Institute for Meteorology and Hydrology and the World Meteorological Organization.
The National Stakeholder Consultation is a governance mechanism that guides how different sectors or actors work together to create products that contribute to adaptation and resilience-building. It seeks to create a road map for the development and implementation of climate services to inform decision-making.
NCF-1 aims to bridge the gap between climate providers and users. It increases the use of science-based information in decision-making and operations with the aim of generating and delivering co-produced and co-designed products and services.
CONTACT: CHRIS PATTERSON
-
TCI News1 week agoExperience Turks and Caicos and Ministry of Tourism explore development of Cruise industry at Seatrade Global Cruise Conference
-
Latin America and Caribbean6 days agoRegional SDGs Update
-
Crime7 days agoFollowing Court ruling, US Embassy Doubles Down on Warning: DO NOT TRAVEL TO TCI WITH GUNS, AMMO
-
Bahamas News6 days agoEnvironment State-Minister updates ‘Our Ocean’ forum on The Bahamas as SIDS leader in sustainable tourism
-
Caribbean News1 week agoU.S. VIRGIN ISLANDS SHINES AS A PREMIER DESTINATION AT THE 2024 SEATRADE CRUISE GLOBAL CONFERENCE
-
Bahamas News5 days agoPacesetting Cohort of Eleuthera Residents Graduate from Leading Light Programme
-
Caribbean News7 days agoRBC appoints new Head of Caribbean Banking
-
Bahamas News5 days agoNassau Cruise Port Donates Nearly $2 Million Towards Food Security