Jamaica: Prime Minister Andrew Holness stated that “Jamaica has magnified its nationally determined contribution to target 60 per cent reduction in greenhouse gas emissions by 2030.”
PM Holness while addressing the opening of a two-day virtual Leaders Summit on Climate, on (April 22) further declared that “Jamaica, like all other Small Island Developing States (SIDS) and many developing countries remains committed to advancing climate action and are determined to build forward stronger, better and greener,”
Adding to this he said, “Jamaica
is greatly encouraged by the US announcement to cut emission by half and is cheered up that the US has rejoined the Paris Agreement, which is also a significant expression of global solidarity for climate action.”
PM OF Jamaica also stressed that “It is analytic that the world’s commitment of US$100 billion per year to support climate action in developing countries is not only honoured but that the ambition is increased and major emitters should contribute more to its financing.”
Following the statement, PM Holness further expressed that “We welcome President Biden’s announcement in this regard. I encourage all Governments to play their part in achieving this goal, and the private sector must also be engaged to achieve this goal.”
He additionally suggested some specific actions
that can be taken in order to make sure that the developing countries get equitable access, including the establishment of a global disaster fund to help SIDS to recover and manage disaster risks, and the development of innovative, risk-informed financing for disasters and climate events, and the including of vulnerability measures as the prime consideration in determining access to financing, rather than only income criteria.”
“Our Nation has great sprinters and we know that a great start does not guarantee a win and It requires momentum-building . in this case, an approachable and equal climate finance mechanism. We have raised our ambition and now call on major economies to step up and sprint with us to the finish line,” PM Holness added.
PM Holness was one of two Caribbean leaders of the Government who were invited to participate in the Summit held by President Biden.