Caribbean Development Bank

ACAMS Assembly Bolsters Caribbean's Efforts to Combat Financial Crime with Expert Insights on Recent Money Laundering and Fraud Case Studies, Sanctions and Beyond

Retrieved on: 
Thursday, December 7, 2023
Federal Bureau of Investigation, Eye, Organization, Head, Caribbean region of Colombia, CAMS, Fraud, NCB Financial Group, Intelligence, CGSS, Accountability, FATF, Treasury, AFC, AHT, Financial Services Commission, Partnership, Caribbean Development Bank, Polaris, Knowledge, Integrity, ACAMS, Cryptocurrency

WASHINGTON, Dec. 7, 2023 /PRNewswire/ -- Navigating critical challenges in a region recognized as a hub for offshore banking and now virtual currency exchanges - the ACAMS Assembly is poised to host a unique two-day anti-financial crime (AFC) educational and networking event starting on December 11 in Orlando, Florida. This marks ACAMS' first in-person gathering of AFC professionals from the Caribbean since the pandemic, aiming to fortify the region's efforts against money laundering, sanctions evasion, fraud, and other illicit activities.

Key Points: 
  • This marks ACAMS' first in-person gathering of AFC professionals from the Caribbean since the pandemic, aiming to fortify the region's efforts against money laundering, sanctions evasion, fraud, and other illicit activities.
  • "It is evident that the regulatory landscape is undergoing continuous tightening, heightening the urgency for robust and effective controls.
  • Additionally, the speed of technological evolution has resulted in a surge in fraud and other financial crimes.
  • For more information on The Assembly Caribbean, including access to the agenda and registration portal, please visit: https://www.acams.org/en/events/the-assembly/the-assembly-caribbean .

His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Majesty King Charles III Open Inaugural Business & Philanthropy Climate Forum

Retrieved on: 
Friday, December 1, 2023
Sustainable development, Food and Agriculture Organization, UN, OECD, Conference, Business, COP, Government, Asian Infrastructure Investment Bank, Irish Agricultural Organisation Society, Organization, Food, Islamic Development Bank, Climate, Asian Development Bank, Africa Finance Corporation, Partnership, XPRIZE, ADB, Forum, WEF, COP27, International Finance Corporation, WBCSD, International Civil Aviation Organization, World Trade Organization, African Development Bank, Biodiversity, International Telecommunication Union, Majesty, COP26, COP28, International Monetary Fund, Economy, Private sector, SDG, Windows Media Player, UNFCCC, Caribbean Development Bank, World Economic Forum, Renewable energy, Cryptocurrency, Asset management, Tourism, Development

DUBAI, United Arab Emirates, Dec. 1, 2023 /PRNewswire/ -- For the first time at the United Nations Framework Convention on Climate Change's (UNFCCC) Conference of the Parties (COP), the COP28 Presidency of the United Arab Emirates has launched the inaugural COP28 Business and Philanthropy Climate Forum, convening more than 1,000 CEOs and philanthropists from over 80 countries. The Forum is being held alongside the World Climate Action Summit.

Key Points: 
  • The Forum launched on November 30 with a high-level reception, which was hosted by the COP28 Presidency and the Sustainable Markets Initiative, in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Majesty King Charles III.
  • With the objective of moving beyond commitments, the COP28 Business and Philanthropy Climate Forum will showcase global industry-by-industry delivery together with opportunities to accelerate, replicate, and scale, particularly in the Global South.
  • Private sector actors will join heads of state and government to focus on showcasing private sector progress and joint delivery.
  • To deliver, the COP28 Business and Philanthropy Climate Forum commits to:
    Supporting an annual Business and Philanthropy Climate Forum alongside the world leaders' summit at every UNFCCC COP until at least 2030.

His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Majesty King Charles III Open Inaugural Business & Philanthropy Climate Forum

Retrieved on: 
Friday, December 1, 2023
Sustainable development, Food and Agriculture Organization, UN, OECD, Conference, Business, COP, Government, Asian Infrastructure Investment Bank, Irish Agricultural Organisation Society, Organization, Food, Islamic Development Bank, Climate, Asian Development Bank, Africa Finance Corporation, Partnership, XPRIZE, ADB, Forum, WEF, COP27, International Finance Corporation, WBCSD, International Civil Aviation Organization, World Trade Organization, African Development Bank, Biodiversity, International Telecommunication Union, Majesty, COP26, COP28, International Monetary Fund, Economy, Private sector, SDG, Windows Media Player, UNFCCC, Caribbean Development Bank, World Economic Forum, Renewable energy, Cryptocurrency, Asset management, Tourism, Development

DUBAI, United Arab Emirates, Dec. 1, 2023 /PRNewswire/ -- For the first time at the United Nations Framework Convention on Climate Change's (UNFCCC) Conference of the Parties (COP), the COP28 Presidency of the United Arab Emirates has launched the inaugural COP28 Business and Philanthropy Climate Forum, convening more than 1,000 CEOs and philanthropists from over 80 countries. The Forum is being held alongside the World Climate Action Summit.

Key Points: 
  • The Forum launched on November 30 with a high-level reception, which was hosted by the COP28 Presidency and the Sustainable Markets Initiative, in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Majesty King Charles III.
  • With the objective of moving beyond commitments, the COP28 Business and Philanthropy Climate Forum will showcase global industry-by-industry delivery together with opportunities to accelerate, replicate, and scale, particularly in the Global South.
  • Private sector actors will join heads of state and government to focus on showcasing private sector progress and joint delivery.
  • To deliver, the COP28 Business and Philanthropy Climate Forum commits to:
    Supporting an annual Business and Philanthropy Climate Forum alongside the world leaders' summit at every UNFCCC COP until at least 2030.

Prime Minister strengthens trade and investment with Caribbean countries and concludes the Canada-CARICOM Summit

Retrieved on: 
Friday, October 20, 2023
Government, Democracy, CARIBCAN, Textile, CARICOM, Water, International development, Public security, Temporary foreign worker program in Canada, Trade, Atmosphere, Commonwealth Caribbean, National security, CCCT, Friends, Summit, Minister of Democratic Institutions, Environment, Climate change, CDB, Economic development, COVID-19, Partnership, Foreign Affairs, Natural Resources, International trade, Agriculture, Minister of Intergovernmental Affairs, Infrastructure and Communities, Government of Canada, Caribbean Development Bank, Health insurance, Drug, Video game

During the Summit, the Prime Minister and Caribbean leaders advanced shared priorities to fight climate change, grow strong economies for the middle class, and strengthen regional security.

Key Points: 
  • During the Summit, the Prime Minister and Caribbean leaders advanced shared priorities to fight climate change, grow strong economies for the middle class, and strengthen regional security.
  • Today, during the second day of the Summit, the Prime Minister convened a trade and investment roundtable with CARICOM leaders and Canadian investors to deepen business ties and create new opportunities for workers.
  • They also discussed shared work to build sustainable economies that work for everyone, as Caribbean countries continue to recover from the COVID-19 pandemic.
  • Through the Summit, Prime Minister Trudeau has engaged directly with: the Prime Minister of Dominica, Roosevelt Skerrit, current Chair of CARICOM; the Prime Minister of Barbados, Mia Mottley; the President of the Co-operative Republic of Guyana, Dr. Mohamed Irfaan Ali, the Prime Minister of Haiti, Ariel Henry; and the Prime Minister of Jamaica, Andrew Holness.

Dominica’s commitment to renewable energy for economic sustainability

Retrieved on: 
Monday, September 25, 2023
IRC, EDF, Framework, Agriculture, FIT, Electricity, World Bank, Carbon, Renewable energy, Government, Wind, Qurayyah IPP, Feasibility study, CBI, Caribbean Development Bank, Workforce, McIntyre, Regulatory agency, Geothermal energy, Government House, Dominica, Commonwealth, Food security, Investment, Education, Tourism, Roseau Valley

This programme has successfully attracted private investment in renewable energy projects, enhancing energy diversity.

Key Points: 
  • This programme has successfully attracted private investment in renewable energy projects, enhancing energy diversity.
  • Renewable Energy: By generating 100 per cent of electricity from renewable sources by the year 2030, Dominica can reduce its dependence on fossil fuels, contributing to environmental sustainability.
  • Infrastructure Development: Investors can contribute to Dominica's infrastructure projects, such as road construction, airport upgrades, and renewable energy initiatives, facilitating economic growth.
  • Renewable Energy: Dominica's commitment to sustainable energy presents opportunities for investors in renewable energy projects, aligning with the nation's goals of reducing carbon emissions and energy costs.

The Scotia Group and RAND Europe convene a historic framing session on "International Finance and Energy Diplomacy" for the United Nations General Assembly

Retrieved on: 
Wednesday, September 20, 2023
Hydrogen, Climate, State, Executive, Chinese Academy of Social Sciences, MERCOSUR, United Nations, GCC, United Nations Office for Project Services, UNOPS, Organization for Women in Science for the Developing World, InterAction Council of Former Heads of State and Government, Diplomatic mission, Small Island Developing States, Social science, RAND Corporation, Chinese Academy of Engineering, CBDC, Carbon, Government, Natural Resources, Green, Development, Green hydrogen, SIDS, Corporation, Caribbean Development Bank, United, COP26, UN, European, African Union, Islam, Century, United Kingdom, AOSIS, UNGA, Gulf Cooperation Council, Roadmap, Professional corporation, Cryptocurrency, Renewable energy

LONDON, Sept. 20, 2023 /PRNewswire/ -- A High-Level UNGA consultative session on international finance and energy transition diplomacy, which included sitting and former Heads of State and Government, as well as experts from the RAND Corporation and members of the Scotia Group, was convened on 18 September 2023 by international mediation and energy law expert Professor Malik Al Dahlan.

Key Points: 
  • A Call to Action was issued at the event which advocated for a fundamental shift in the way climate finance is raised and deployed.
  • Professor Malik Al Dahlan, the Founder of the Scotia Group, said:
    "We urgently need a Decarbonization Marshall Plan.
  • Under Secretary General Jorge Moreira da Silva, the Executive Director of UNOPS, said:
    Speakers at the UNGA Event included, H.E.
  • More information about the Scotia Group, its membership and the 'Climate Majlis Dialogue' sessions which have been hosted since 2021 is here.

The Scotia Group and RAND Europe convene a historic framing session on "International Finance and Energy Diplomacy" for the United Nations General Assembly

Retrieved on: 
Wednesday, September 20, 2023
Hydrogen, Climate, State, Executive, Chinese Academy of Social Sciences, MERCOSUR, United Nations, GCC, United Nations Office for Project Services, UNOPS, Organization for Women in Science for the Developing World, InterAction Council of Former Heads of State and Government, Diplomatic mission, Small Island Developing States, Social science, RAND Corporation, Chinese Academy of Engineering, CBDC, Multimedia, Carbon, Government, Natural Resources, Green, Development, Green hydrogen, SIDS, Corporation, Caribbean Development Bank, United, COP26, UN, European, African Union, Islam, Century, United Kingdom, AOSIS, UNGA, Gulf Cooperation Council, Roadmap, Professional corporation, Cryptocurrency, Renewable energy

LONDON, Sept. 20, 2023 /PRNewswire/ -- A High-Level UNGA consultative session on international finance and energy transition diplomacy, which included sitting and former Heads of State and Government, as well as experts from the RAND Corporation and members of the Scotia Group, was convened on 18 September 2023 by international mediation and energy law expert Professor Malik Al Dahlan.

Key Points: 
  • A Call to Action was issued at the event which advocated for a fundamental shift in the way climate finance is raised and deployed.
  • Professor Malik Al Dahlan, the Founder of the Scotia Group, said:
    "We urgently need a Decarbonization Marshall Plan.
  • Under Secretary General Jorge Moreira da Silva, the Executive Director of UNOPS, said:
    Speakers at the UNGA Event included, H.E.
  • More information about the Scotia Group, its membership and the 'Climate Majlis Dialogue' sessions which have been hosted since 2021 is here.

Food For The Poor Canada Announces New Executive Director

Retrieved on: 
Friday, March 3, 2023
Tourism, Housing, UNESCO, Consulate, Communication, Marketing, Toronto, Caribbean Development Bank, Jamaica, Volunteering, Management, Drug, Food

TORONTO, March 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Food For The Poor Canada (FFPC) is delighted to announce the appointment of Arlene Amitirigala as Executive Director, effective March 1, 2023.

Key Points: 
  • TORONTO, March 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Food For The Poor Canada (FFPC) is delighted to announce the appointment of Arlene Amitirigala as Executive Director, effective March 1, 2023.
  • “Our hiring committee considered many extraordinary candidates for this position during an extensive search conducted by members of the board as well as leaders within our community.
  • “Our outgoing Founder and Executive Director, Samantha Mahfood, has done tremendous work over many years to establish strong community ties and relationships,” said board co-chair Cherie Payne.
  • “I look forward to working with our many partners, donors and volunteers to build on our incredible legacy and anticipate welcoming many more to join with us.”
    “We are thrilled that Arlene is on board as our new Executive Director,” shared Samantha Mahfood, outgoing Executive Director and FFPC Founder.

Dominica uplifting education sector, three new primary schools commissioned

Retrieved on: 
Tuesday, May 17, 2022
Tourism, Angelo Gordon, Financial Times, Rajkot Greenfield International Airport, Rehabilitation, Investment, CDB, Climate resilience, Beauty, Environment, Leadership, Agriculture, Policy, Goal, Government, Caribbean Development Bank, Wills, EDF, Hurricane Maria, Student, Vocational education, Dominica Grammar School, Hospital, School, International airport, Human resources, Climate, CBI, GLOBE, Creative industries, Interior design, Renewable energy, Forestry, Education

Roseau, May 17, 2022 (GLOBE NEWSWIRE) -- The government of Dominica commissioned three primary schools over the weekend.

Key Points: 
  • Roseau, May 17, 2022 (GLOBE NEWSWIRE) -- The government of Dominica commissioned three primary schools over the weekend.
  • The Morne Jaune Primary School, Stevens Primary School, and Wills Strathmore Stevens Primary were reopened and now possess modern education technology, climate-resilient infrastructure, and an advanced learning environment.
  • Prime Minister of Dominica, Dr. Roosevelt Skerrit stated that the government continues to invest in the education sector as students are the country's future.
  • Octavia Alfred- Dominica's Minister of Education, Human Resource, Planning, Vocational Training, and National Excellence, stated that these newly structured schools represent new opportunities for students.

New Developments on Dominica’s Geothermal Project Include International Contract, New Wells

Retrieved on: 
Wednesday, March 9, 2022
Government, Caribbean Development Bank, Electricity, Travel, World Bank, Housing, USD, Family, School, Tourism, Hot Springs, Dominica citizenship by investment programme, Geothermal energy, World, Clinton Foundation, CBI, Carbon, PWM, SIDS, Investment, Hospital, Commonwealth, GLOBE, United, Program, Investor, National Geographic, Finance, Population, Environment, Hurricane Maria, EDF, Goal, CO2, Renewable energy, Cryptocurrency, Earth

In February, Dominica signed a USD12.5 million contract with an Iceland-based company to drill two wells.

Key Points: 
  • In February, Dominica signed a USD12.5 million contract with an Iceland-based company to drill two wells.
  • At a geothermal power plant, wells are drilled one or two miles deep into the Earth to pump steam or hot water to the surface.
  • Brimming with hot springs, geysers, and volcanic activity where the Earth is particularly hot just below the surface, Dominica is the perfect location to manifest geothermal energy.
  • The government is hoping to use the energy generated to power 23,000 homes with clean geothermal energy, which represents approximately 90 per cent of Dominicas entire population.