Add Row
Add Element
cropper
update
Caribbean Streaming Network
update
Add Element
  • Home
  • Categories
    • Caribbean
    • Streaming
    • Culture
    • Music
    • News
    • Sports
    • Entertainment
    • Islands
    • Community
    • Global
    • Food
    • Music
June 18.2025
2 Minutes Read

Unlocking Green Investments: The Future of Caribbean Finance

Ceremony promoting green investments in the Caribbean

The Shift Towards Green Investments in the Caribbean

The Caribbean is taking significant steps to safeguard its future through green finance initiatives. Recent partnerships between the International Finance Corporation (IFC) and the CARICOM Committee of Central Bank Governors promise to revolutionize the way investments are made across the region. With the increasing threat of climate change, this collaboration aims to develop a comprehensive taxonomy that defines green assets and encourages investment in environmentally friendly projects.

Why Green Finance Matters

Despite contributing less than 1% to global greenhouse gas emissions, Caribbean nations are among the most affected by climate change. The challenges posed by rising sea levels, hurricanes, and extreme weather events emphasize a need for a resilient economic strategy. The new green finance guidelines are expected to provide local banks and investors with a clearer framework, enabling them to support the development of projects aimed at climate adaptation and mitigation. This economic paradigm shift is vital not only for environmental health but also for long-term economic stability.

The Financial Risks of Climate Change

Currently, the Caribbean faces a staggering estimated climate finance gap of nearly $55 billion by 2030. This discrepancy underscores the necessity for robust private sector engagement and innovative financing solutions to address fundamental issues like infrastructure resilience. By developing actionable green finance guidelines, stakeholders can help close this gap and stimulate job creation in sectors such as renewable energy and eco-friendly tourism.

Engaging the Right Stakeholders

The implementation of this green finance taxonomy isn't just a project for governments and financial institutions; it involves engaging a variety of stakeholders, including local communities and environmental organizations. This inclusive approach ensures that the taxonomy aligns with local needs and best practices. Key stakeholders will have an active role in shaping the guidelines, which in turn will foster a sense of ownership and commitment to sustainable practices within their communities.

A Roadmap for the Future

Through this collaboration, the Caribbean aims to create an ecosystem for green finance that not only prioritizes businesses that adhere to environmental standards but also promotes transparency and accountability in how funds are allocated. As Dr. Kevin Greenidge, Governor of the Central Bank of Barbados, comments, this initiative is pivotal for building a sustainable economic future that respects the delicate balance of Caribbean ecosystems.

What’s Next?

This partnership marks the beginning of an active commitment to green investment across the Caribbean. With an evolving framework in place, the region stands to attract investment, build better infrastructure, and forge global partnerships with countries and companies looking for sustainable project opportunities. It's a decisive moment to take action on climate change—one where every stakeholder can contribute to a greener, more resilient Caribbean.

Community

24 Views

0 Comments

Write A Comment

*
*
Related Posts All Posts
10.21.2025

Celebrating New Talents: Caribbean Nurses Awarded Vernese Weekes Scholarship

Update Vernese Weekes Memorial Scholarship: Honoring a Legacy On October 4th, the Bronx, Manhattan, and Westchester Chapter of the Caribbean American Nurses' Association, Inc. (CANA) awarded scholarships to two aspiring Caribbean-American nurses at their 28th Annual Vernese Weekes Scholarship Luncheon held at Eastwood Manor in the Bronx. This event not only celebrated the achievements of the current recipients but also honored the legacy of the late Barbadian registered nurse, Vernese Weekes, whose dedication to the nursing profession inspired the establishment of this scholarship in 1995. The New Faces of Nursing: Meet the Recipients The scholarship was awarded to Veronica Weekes, daughter of the late Vernese Weekes, and Rosemary Guzman, reflecting the CANA's commitment to supporting the next generation of caregivers. Veronica expressed her gratitude, emphasizing the personal connection she has to nursing through her mother’s inspiring career. “Nursing is not just a career for me—it is a way to honor my mother’s legacy,” she stated earnestly, highlighting the emotional weight and responsibility that comes with her chosen path. Rosemary Guzman, a Dominican Republic-American, shared similar sentiments, conveying her deep appreciation for the financial support that will aid her in continuing her education. She articulated her passion for nursing and the importance of such funding in enabling her to fulfill her dreams of helping others. The Enduring Impact of Community Support Funding for the Vernese Weekes Scholarship comes from annual fundraising efforts by CANA, emphasizing the collective effort needed to nourish future nursing leaders within the Caribbean-American community. The chapter’s president, Dr. Virginia Bernard, highlighted the significance of community in fostering the dreams of young nurses. “May God continue to bless you in all your endeavors,” she said, reinforcing the bond of encouragement and shared purpose among participants. A Legacy of Compassion: Beyond the Scholarship Vernese Weekes' legacy is a testament to the power of compassion and service. In the words of her colleagues, “her legacy of love, hope, bravery, and service to mankind” continues to inspire current and future generations of nurses. The scholarship not only alleviates financial burdens for students but also serves as a reminder of the importance of community support, mentorship, and the transformational impact of nursing on individual lives. Looking Ahead: The Future of Nursing in the Caribbean Community As Veronica and Rosemary embark on their nursing journeys, they recognize the responsibilities that come with being part of a profession that profoundly impacts lives. They aim to give back to their community, inspired by the generosity that has been extended to them. “I hope to give back — to patients, families, and future nursing students — just as you have given to me,” Veronica noted, highlighting the cyclical nature of care and mentorship in nursing. With more than two decades of scholarship support since its inception, the Vernese Weekes scholarship is a pivotal part of nurturing the talent and passion within the Caribbean nursing community, a bright hope for the future of healthcare delivery and compassionate care.

10.19.2025

Hindu Prayers to Open US Virgin Islands Senate Session: A New Era of Inclusivity

Update Hinduism Takes a Place in US Virgin Islands LegislatureOn October 30, 2025, a historic moment will mark the Senate of the United States Virgin Islands as it opens its proceedings with Hindu prayers for the first time since its inception in 1954. Rajan Zed, a prominent Hindu leader and advocate for interfaith dialogue, will be the one delivering the invocation. As he reads from ancient Sanskrit scriptures like the Rig-Veda, his aim is to bring a sense of peace and unity as legislators gather for their important work.Significance of Sanskrit PrayersSanskrit, recognized as one of the oldest languages still in use today and the root of many Indo-European languages, is also considered a sacred language in Hinduism. Rajan Zed's invocation will begin and conclude with the mystical syllable “Om,” which signifies the essence of the universe and is commonly utilized in Hindu rituals. This choice reflects a desire not just to represent Hindu traditions, but to share its deeper meanings with lawmakers and the wider community.A Call for Common ValuesBy urging the attendees to contemplate the welfare of others, Rajan Zed emphasizes the values that transcend religious boundaries. He will recite a line from the Upanishads that interprets to “Lead us from the unreal to the real, Lead us from darkness to light, and Lead us from death to immortality.” This message mirrors universal themes of growth, understanding, and enlightenment. For a diverse group of leaders convening to address crucial societal matters, such a prayer underlines the importance of togetherness and mutual respect.A Step Forward for InclusionThis momentous event is not just a spiritual attendance but a significant cultural milestone. The integration of Hindu prayers in the US Virgin Islands’ legislative session represents a broader trend toward inclusivity in governmental practices. Similar ceremonies have been increasingly embraced across varying jurisdictions in the United States, where diverse faiths are represented within the public sphere, fostering an environment of tolerance and understanding.Looking AheadThe US Virgin Islands has positioned itself as a melting pot of cultures, influenced by its heritage and diverse population that includes about 3.2 million Hindus living in the USA. This invocation sets a precedent for how Parliament can continue embracing an interfaith dialogue. Future sessions may see similar inclusivity, allowing various faiths to contribute their wisdom to legislative discussions.This evolving narrative reflects an acceptance of diverse beliefs, paving the way for a more engaged and compassionate governance. As global citizens, understanding various cultural and religious traditions allows us to connect more deeply and navigate our paths to progress together.

10.19.2025

Embracing Diversity: Hindu Mantras to Begin US Virgin Islands Senate Meetings

Update Historic Invocation: Hindu Prayer Opens Legislative SessionFor the first time since its establishment in 1954, the US Virgin Islands Senate is set to commence its meeting with Hindu prayers, an act that underscores the growing acceptance of diverse religious expressions in public life. The invocation will take place on October 30, 2025, in the Senate chambers of Charlotte Amalie, performed by Hindu statesman Rajan Zed. This significant moment not only highlights the richness of Hindu traditions but also reflects a commitment to inclusivity within the legislature.The Significance of Sanskrit in Legislative PrayersZed's invocation will feature verses from ancient Sanskrit scriptures, including the Rig-Veda and the Bhagavad-Gita. Sanskrit, known as the sacred language of Hinduism and the root of many Indo-European languages, adds a unique cultural depth to the proceedings. Zed plans to start and conclude the prayer with “Om,” emphasizing the universality of this mystical syllable, which symbolizes harmony and the cosmic essence of the universe.A Message of Unity and InclusivityThe verses chosen by Zed convey powerful messages of unity and social responsibility. The Brahadaranyakopanishad lines he will recite, “Lead us from the unreal to the real, Lead us from darkness to light, and Lead us from death to immortality,” resonate not only with Hindu philosophy but also serve as a guiding principle for ethical governance and community welfare. His interpretation of these prayers during the invocation emphasizes a commitment to the greater good, aspirational sentiments that are pertinent to all who gather.The Evolving Landscape of Legislative Prayers in AmericaHindu prayers have gradually found their place in American legislative sessions, though this journey has not been without challenges. Historical instances of resistance to non-Christian invocations, such as protests against Zed’s previous invitations, highlight a need for continued dialogue about religious diversity in public spheres. However, as documented in various legislative assemblies across the nation, there is an encouraging trend of acceptance, as more lawmakers recognize the importance of including voices from various faiths in governmental proceedings.Implications for Community and Cultural IntegrationThis ceremonial opening in the US Virgin Islands Senate is not merely an act of goodwill; it signifies a broader effort to integrate Hindu beliefs and values within the local community. By embracing Hindu invocations, legislatures can help dispel stereotypes and foster a more informed understanding of diverse faith traditions. As seen through various legislative prayer initiatives, such efforts provide an opportunity to reinforce the idea of pluralism, echoing the core tenets of Hinduism that emphasize peace, love, and coexistence.Embracing a Future of Interfaith EngagementAs the US Virgin Islands embark on this momentous occasion, it serves as a timely reminder of the importance of interfaith dialogues and respect for all belief systems. The participation of leaders like Rajan Zed opens doors to fruitful discussions about the role of spirituality in public service, demonstrating that legislative bodies can benefit from the collective wisdom of all religions. This positive movement fosters an environment where spiritual values guide moral decision-making, ultimately creating a harmonious public space for all citizens.

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*