Latest News for: Grenada finance

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Looking ahead: Immigration in a changing world

Gulf News 18 Aug 2022
"Grenada’s CBI programme has seen a huge surge in applications this year” ... Grenada’s Ministry of Finance figures suggest a similar trend in the number of applications received by their Citizenship by Investment (CBI) unit.
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Caribbean Currents: In a surprise, Grenada turns to a young leader

The Philadelphia Tribune 13 Aug 2022
During his conversation with the newly elected prime minister, Blinken stated the importance of the U.S.Grenada relationship and the continued collaboration on the topic of climate change, energy, food security and access to finance for Grenada and other countries of the Caribbean.
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Bond investors risk harming world’s poorest with lopsided ESG agendas

Business Day 10 Aug 2022
Bond investors who push lopsided ESG agendas on impoverished nations risk harming some of the world’s most vulnerable populations, according to the head of impact at climate finance advisory firm Pollination Group ... That would help countries when their sovereign finances are most vulnerable, she said.
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Barbados Resists Climate Colonialism in an Effort to Survive the Costs of Global Warming

ProPublica 27 Jul 2022
Morgan and State Street Bank, was deeply knowledgeable about development finance ... Grenada’s is in part because of Hurricane Ivan in 2004 ... “The IMF always blames the countries,” says Timothy Antoine, director of the Eastern Caribbean Central Bank and Grenada’s permanent secretary in the Ministry of Finance during the hurricanes.
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Bartlett showcases ‘Cultural Xperience’ to OAS team

Jamaica Observer 23 Jul 2022
So, we have to build the capacity and train and finance and market to enable them to get the return from tourism.”. Minister of Tourism for Grenada, Lennox John Andrews, who was part of the OAS team, said he enjoyed the cultural experience, which reminded him of the geographic and cultural similarities that exist across Caribbean states.
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Caribbean citizenship-by-investment programmes

Jamaica Observer 12 Jun 2022
Citizenship-by-investment (CBI) programmes began in 1984 in St Kitts and Nevis, followed by Dominica in1991, by Antigua and Barbuda and Grenada in 2013 and then St Lucia in 2015 ... The CBI programme in Grenada has focused on general budget financing, including contingency spending, natural disaster response and debt reduction.
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Grenada returning to fiscal rules

Jamaica Observer 20 May 2022
The International Monetary Fund (IMF) has recommended that the Government of Grenada return to the fiscal rules used to manage the country’s finances before the onset of the novel coronavirus ... The fiscal rules effectively help Grenada to reduce its debt and deficit while creating room to earn revenues and build up its financial reserves.
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COP26 Climate Summit Continues in Overtime

Beijing News 13 Nov 2021
Several developing nations called for more detail on the operation of carbon markets and a stronger commitment on climate finance for poorer states ... The third draft also weakens the language on commitments from richer countries to increase so-called climate finance payments to poorer nations, to help them adapt to and mitigate climate change.
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COP26: Draft Climate Deal PublishedasNegotiations Go Past Deadline

Beijing News 13 Nov 2021
Several developing nations called for more detail on the operation of carbon markets and a stronger commitment on climate finance for poorer states ... Climate finance. The new draft also strengthens language around climate finance - the amount that rich countries will pay poorer nations to adapt to climate change and decarbonize their economies.
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COP26: Summit to Continue Saturday as Negotiations Enter Overtime

Beijing News 13 Nov 2021
Several developing nations called for more detail on the operation of carbon markets and a stronger commitment on climate finance for poorer states ... Climate finance. The new draft also strengthens language around climate finance - the amount that rich countries will pay poorer nations to adapt to climate change and decarbonize their economies.
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'The money is here': COP26 banks on boosting climate finance

Urdu Point 03 Nov 2021
"The money is here if the world wants to use it," said UN climate finance envoy Mark Carney, who has overseen the creation of a vast alliance of banks and funds that say their portfolios are ready for net-zero investments ... US Treasury Secretary Janet Yellen stressed the role private finance was likely to play.
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Give us action on climate not just words, say developing nations ahead of Cop26

The Observer 10 Oct 2021
Simon Stiell, climate and environment minister of Grenada, said ... The Marshall Islands and Grenada are members of the High Ambition Coalition (HAC), a grouping at the UN talks comprising many of the poorest and most vulnerable developing countries, alongside some of the world’s richest governments, including the EU, UK, Canada and New Zealand.
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China vows halt to new overseas coal-fired plants

Arkansas Democrat-Gazette 26 Sep 2021
"This is an important step by the world's biggest provider of overseas coal finance," said Simon Stiell, environment minister of the island nation of Grenada, which is among the world's smallest countries and also among the most susceptible to the harm caused by climate change.

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