JIS News

Jamaica has the potential to earn significantly through the United Nations’ Reducing Emissions from Deforestation and Forest Degradation -plus (REDD+) programme, by speeding up its schedule of greenhouse gas reducing projects.

This according to United Nations Development Programme (UNDP) Resident Representative in Jamaica, Dr. Arun Kashyapwho said … “predictions are that (global) financial flows for (implementing) greenhouse gas emission reductions (activities) from REDD+ could reach up to US$30 billion annually.”

Jamaica’s potential to earn, is based on the 30 percent forest cover which the island currently has and for which there are plans to increase that cover.

Dr. Kashyap was speaking at a forum put on by the Forestry Department on Thursday (March 21) at the Terra Nova Hotel in Kingston, where he highlighted the significant derivable benefits available to countries with fairly sizeable forest cover, under the UN’s programme on Reducing Emissions from Deforestation and Forest Degradation (REDD+).

In light of the potential for significant earnings Dr. Kashyap said he anticipates more opportunities for collaboration between the UNDP and relevant state agencies in implementing the REDD+ programme in Jamaica, to the country’s long-term benefit.

CONTACT: O. RODGER HUTCHINSON