UNDP is proud to support the Government of Jamaica in its efforts to meet and exceed its Nationally Determined Contributions (NDCs) under the Paris Agreement, as part of our flagship initiative, the Climate Promise Project. This collaboration exemplifies our shared commitment to addressing the global challenge of climate change while fostering economic growth and resilience.

The interconnectedness of climate change and climate finance cannot be overstated. Climate change presents a significant threat to the livelihoods, economies, and natural resources of Jamaica and the wider Caribbean. However, with this challenge comes opportunity. By mobilizing climate finance, we can accelerate the transition to a greener, more sustainable future—one that prioritizes renewable energy, resilient infrastructure, and nature-based solutions. Unlocking climate finance is not merely a technical or financial exercise; it is about creating pathways for sustainable development, enhancing economic stability, and ensuring a healthier planet for generations to come.

Our partnership with the Jamaica Stock Exchange is a vital step in this journey. Through a series of sensitizations, we have laid the foundation for increased awareness of Environmental, Social, and Governance (ESG) principles. Just recently we partnered with the JSE to execute an ESG capacity-building workshop to empower stakeholders with the knowledge, tools, and strategies to integrate ESG principles into their operations and decision-making processes.

The private sector has a pivotal role to play in driving sustainable finance. Businesses and investors must see themselves not just as profit-driven entities but as agents of change capable of shaping a sustainable Jamaica. By adopting innovative financing models, supporting green bonds, and prioritizing sustainable investments, the private sector can lead the charge toward a low-carbon, resilient economy.

It is important to recognize that achieving a greener and more sustainable Jamaica requires the collective effort of all stakeholders—government, civil society, and the private sector. UNDP remains committed to working with the Government of Jamaica, the JSE, and all partners to foster an environment that enables sustainable finance, drives meaningful climate action, and secures a prosperous future for all Jamaicans.