Jamaica urged to take advantage of climate change financing
KINGSTON, Jamaica, CMC – A consultant with the Latin American Energy Organization (OLADE), says Jamaica could receive financing from international organisations to assist with its efforts at reducing the impacts of climate change.
Dr. Oscar Coto says this could be achieved through advancement of Clean Development Mechanism (CDM) Programme of Activities (PoA) as well as Nationally Appropriate Mitigation Actions (NAMAs).
“If through a supported-type NAMA, the country can get recognition of some incremental critical costs that are involved in delivering some climate change mitigation, through activities in the country…those resources would be used to support the scaling up of (projects) for a better energy sector, more renewable energy, more efficiency within the society (and ultimately) better living for Jamaicans,” he said.
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