Holness says $100b climate financing drive going well

Andrew Holness

Prime Minister Andrew Holness says the political initiative being led by himself and President of France, Emmanuel Macron, to mobilise climate financing to support the implementation of the Paris Agreement has been going “very well”.

“We have come up with some excellent ideas on how this can be done and we will be marketing this all around the world. We have started and countries are making greater pledges about increasing their work,” Holness added.

Holness was speaking at the inauguration of Paradise Park Solar Farm in Savanna-la-Mar, Westmoreland, on Wednesday (Oct 2).

Last year, at the 73rd Session of the UN General Assembly (UNGA) in New York, Holness and President Macron were asked by UN Secretary-General Antonio Guterres to mobilise the Government and private-sector support in raising $100 billion per year in climate finance by 2020.

The UN Secretary-General said that the funds were needed to address the mitigation and adaptation needs of developing countries.