End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a…
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Guyana faces a critical obstacle hindering the participation of local businesses in the country’s local content development initiatives – the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation’s economic growth, as highlighted by energy expert David Goldwyn, renowned for his experience in the U.S.…
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From Crisis to Confidence by Eftimiya Salo The Voluntary Carbon Market (VCM) has been recognized as a powerful tool for climate change mitigation by supporting corporate climate targets in addition to deep emission cuts aligned with a 1.5-degree trajectory. However, with great power comes significant responsibility, and unfortunately, the current state of the VCM falls…
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Rethinking Integrity in the Voluntary Carbon Market Systemic flaws in the carbon market The VCM is riddled with a lack of transparency and robust quality standards. Various independent investigations have revealed that the market is flooded with low-quality credits with little to no impact on the climate. The Compensate Foundation has reached the same conclusion…
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and launches development studies with the objective of sanctioning the project end 2024 eyesonsuriname Download the Press Release (PDF) Paris, September 13, 2023 – On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of…
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“The investment will be used for four parts,” says Jacob Ruiter, CEO of EIT InnoEnergy Benelux. “We are going to invest more in our current portfolio of companies and want to attract new companies. In doing so, we use the capital to set up new companies in promising markets. Our fourth goal is related to…
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By Jason Marczak and Pepe Zhang Insanity, the saying goes, is doing the same thing over and over and expecting a different result. With Latin America and the Caribbean (LAC) currently projected to grow at just 1.9 percent this year and 2.2 percent next year, the lowest of any developing regions except war-battered Emerging and…
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Analysis of current status and opportunities in forestry digitalization market AFRY has supported Business Finland to analyse theSmart Forestry market and identify opportunities for Finnish companies in the sector: Business Finland has launched a Smart Forestry programme, aiming at identifying newbusiness opportunities in the global sustainable forestry and wood sourcing value chain,leveraging from Finnish know-how…
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Measures eyesonsuriname Amsterdam, August 11 2023–Climate change poses significant challenges for Suriname and the Caribbean, necessitating a combination of mitigation and adaptation strategies to combat its effects. Mitigation focuses on reducing greenhouse gas emissions and promoting sustainable practices, while adaptation addresses managing the consequences of climate change. Suriname and the Caribbean need all-of-the-above: climate-resilient infrastructure,…
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