The Socially Responsible Investment Solution
KINGSTON, Jamaica, Nov. 25, 2022 /PRNewswire/ — As efforts intensify to attract international investors to Jamaica’s shores, the Jamaican Government has redoubled its efforts to attract more Local and Foreign Direct Investments.
The upcoming two-day ‘Invest Jamaica – the Nearshore Delivery Hub of the Caribbean‘ conference, set to be held in Montego Bay on 29-30 November, will continue to position Jamaica as the next global ‘investment destination of choice’, and is part of a five-year development project, in partnership with the Inter-American Development Bank (IDB), to expand the country’s Global Services Sector (GSS).
The event will highlight various innovative, mutually beneficial, and sustainable sector-based investment opportunities to potential investors from all over the world, particularly in the areas of Agribusiness, Global Digital Services, Logistics/Special Economic Zones, Manufacturing, Finance and Tourism.
Global Business Paired with Local Sustainability
The continued improvement of Jamaica’s economy will encourage a new wave of collaborative and multi-faceted investment in Jamaica which uniquely prioritizes sustainable projects deemed to be in both the national and global interest.
To assist with this bridging of the evolving needs of international investors and the local social development needs in Jamaica itself, a variety of both public and private sector initiatives are being rolled out ‘on the ground’ in the country. These initiatives include the National Investment Policy, Global Services Sector Project and the Business Environment Reforms Agenda. Importantly, these initiatives will give Jamaicans new career development opportunities and further strengthen the local economy, whilst enabling high-value skills development and offering an unprecedented level of support to investors.
The Holistic and Ethical Choice
Specifically, for the Global Service Sector (GSS) Project, the skills training and apprenticeship programmes will develop the Jamaican population in higher value-added service capabilities such as Management and Leadership, IT Infrastructure, Communication, Digital Marketing, Software Development and Integration, Critical and Analytical thinking, and human-centered Interaction Design.
Impressively, under the Apprenticeship Programme, close to 3,000 Jamaicans will be trained by the end of the GSS project, while under the High School Immersion Programme, 20,000 local students will be trained in enhanced job readiness and specialized tracks, creating monumental benefits for both Jamaica and its investors.
This type of thought-leading holistic and ethical approach to global business is transforming perceptions of global investment, and Jamaica is leading the charge.
Choose Jamaica. Invest in Jamaica.
More Information:
www.dobusinessjamaica.com.
www.invest-jamaica.com
SOURCE Jamaica Promotions Corporation (JAMPRO)
The Socially Responsible Investment Solution
The solution to the world’s investment problems is simple: a socially responsible investment strategy that benefits both people and the planet.
The world is facing significant investment challenges. In order to meet the goals of the Paris Agreement on climate change, the UN’s Sustainable Development Goals, and other global challenges, an estimated $5-7 trillion of new investment is needed every year through 2030. But current investment levels are only about 60% of what is needed.
There is a huge gap to be filled, and it is clear that traditional approaches to investment are not going to solve the problem. That’s why a growing number of organizations are calling for a new approach: socially responsible investment (SRI).
SRI is an investment approach that takes into account environmental, social, and governance (ESG) factors. It is a way of doing business that benefits both people and the planet.
There are many reasons to believe that SRI can be an important part of the solution to the world’s investment problems.
First, SRI can help to mobilize the trillions of dollars that are needed to meet the world’s investment challenges. A recent study by the World Economic Forum found that SRI investment funds have the potential to unlock $1 trillion of new investment in sustainable infrastructure by 2030.
Second, SRI can help to ensure that investments are made in a way that benefits people and the planet. For example, SRI funds can be used to finance climate-friendly infrastructure, such as renewable energy projects, or to support companies that are working to improve their environmental and social performance.
Third, SRI can help to create a more stable and sustainable financial system. A growing body of evidence shows that companies with strong ESG performance are less likely to experience financial difficulties and are better able to weather economic shocks.
Fourth, SRI can help to build more inclusive and sustainable economies. A recent study by the Global Impact Investing Network found that SRI funds are more likely to invest in companies that benefit women, marginalized groups, and low-income communities.
Finally, SRI can help to create a more sustainable world. A recent study by the World Resources Institute found that SRI investments can have a positive impact on key environmental issues, such as climate change, water security, and deforestation.
There is a growing body of evidence that SRI is a powerful tool for addressing the world’s investment challenges. It is time for policymakers, investors, and businesses to embrace SRI and make it a central part of the solution to the world’s investment problems.