Inter-American Development Bank
facebook
twitter
youtube
linkedin
instagram
Abierto al públicoBeyond BordersCaribbean Development TrendsCiudades SosteniblesEnergía para el FuturoEnfoque EducaciónFactor TrabajoGente SaludableGestión fiscalGobernarteIdeas MatterIdeas que CuentanIdeaçãoImpactoIndustrias CreativasLa Maleta AbiertaMoviliblogMás Allá de las FronterasNegocios SosteniblesPrimeros PasosPuntos sobre la iSeguridad CiudadanaSostenibilidadVolvamos a la fuente¿Y si hablamos de igualdad?Home
Citizen Security and Justice Creative Industries Development Effectiveness Early Childhood Development Education Energy Envirnment. Climate Change and Safeguards Fiscal policy and management Gender and Diversity Health Labor and pensions Open Knowledge Public management Science, Technology and Innovation  Trade and Regional Integration Urban Development and Housing Water and Sanitation
  • Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Sostenibilidad

Just another web-blogs Sites site

  • HOME
  • CATEGORIES
    • Agriculture and Food Security
    • Climate change
    • Ecosystems and Biodiversity
    • Environmental and Social Safeguards
    • Infrastructure and Sustainable Landscapes
    • Institutionality
    • Responsible Production and Consumption
  • Authors
  • English
    • Español

Jamaica Nuff Problem mon!

July 1, 2014 por anaitee Leave a Comment


jamaicamon_cover

I was in Jamaica to attend the Climate Investment Funds (CIF) Partnership Forum and decided to participate in a session called Fighting Climate Change through Entrepreneurship in the Caribbean, hoping to pick some fellow colleagues brains and discuss some synergies in our work. Just in time when a gracious lady opened her presentation with the following words:

[quote align=”center” color=”#999999″]“I’m a farmer, I’m an entrepreneur, I’m an Environmental Specialist, and I’m a woman.”[/quote]

And just like that Shirley Lindo, a Jamaican entrepreneur who has faced first-hand the ongoing spiral of high prices, climate vulnerability and economic distress that affects many Jamaicans today, caught my attention.

Her story started more than ten years ago when she first began processing castor oil in her own land. While the demand for the oil was increasing, the process to produce it was taking a toll on her land and her pocket. Long after struggling with many challenges, she came up with the idea to produce biomass briquette from castor shell waste and use it to heat and replace firewood, a more sustainable and cleaner way to cook and continue her production. What a simple but outstanding idea!

However, her next challenge was to access funds to finance such idea and scale it. How would she convince commercial banks that her idea was marketable and commercially viable? Many farmers, entrepreneurs, local community leaders are asking themselves the same question going through one “No” to the next “No” with their local financial institutions while problems keep piling up and the financing gap remains yet to be filled.

While Shirley was lucky to access financing from World Bank’s Caribbean Climate Innovation Center, it struck me the urgent and growing demand for development banks to partner up, replicate successful programs, exchange ideas and come up with innovative solutions. In responding to that demand, the IDB itself, under Jamaica’s Pilot Program for Climate Resilience (PPCR), is actively working in the design of financial mechanisms such as credit lines for local commercial banks to facilitate farmers and entrepreneurs like Shirley with the right economic and technical resources to develop their ideas and achieve growth.

As a woman myself working in development, I feel inspired by people like Shirley to double my own efforts in helping design and develop the right instruments to support local indigenous practices and facilitate the right financial support to help farmers access new technology and develop best practices to take advantage of a country rich in resources but highly vulnerable to climate change.

While governments wrap their heads around the right policy, there is an impending need to have initiatives in place to help entrepreneurs and support our own brothers and sisters from all across Latin America and the Caribbean. If we do not work towards this ultimate goal, developing countries such as Jamaica will continue drowning into poverty and climate vulnerability, and as Shirley says, Jamaica Nuff problem mon! It’s time to act!

* Anaitee Mills works as a consultant for the Climate Change and Sustainability Division of the IDB and is based in Kingston, Jamaica. 

Do you have an innovative idea? Check out the IDB Innovation Lab and present your idea!

Follow Anaitée on Twitter: @AnaiteeMills

Follow us on Twitter: @BIDCambioClima

[vimeo height=”HEIGHT” width=”WIDTH”]http://vimeo.com/81012789[/vimeo]


Filed Under: Climate change

anaitee

Anaitée Mills works as a consultant for the Climate Change Division at the IDB office in Kingston, Jamaica. Prior to joining the IDB in 2011, Anaitée worked at the Ministry of Energy in Guatemala. Between 2002 and 2007, she supported the implementation of an IDB loan to restructure the agricultural sector by focusing on land use, forestry management, water resources and science innovation. Within the IDB, she worked as a Research Assistant for the Energy Division and Project Manager for the technical assistance in support to the Sustainable Energy Program in Trinidad and Tobago Project. Today her work focuses on technical, operational and research support in adaptation to climate change for the Caribbean Region.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Follow Us

Subscribe

SEARCH

Sustainability

This blog is a space to reflect about the challenges, opportunities and the progress made by Latin American and Caribbean countries on the path towards the region’s sustainable development.

SIMILAR POSTS

  • Harnessing the power of microfinance to bring financing to those most vulnerable
  • Follow the opening ceremony of the CIF Partnership Forum 2014
  • Financial Institutions need tools to address climate risks in their portfolios
  • The human face of climate change adaptation
  • En Jamaica, la iniciativa empresarial combate el cambio climático

Footer

Banco Interamericano de Desarrollo
facebook
twitter
youtube
youtube
youtube

    Blog posts written by Bank employees:

    Copyright © Inter-American Development Bank ("IDB"). This work is licensed under a Creative Commons IGO 3.0 Attribution-NonCommercial-NoDerivatives. (CC-IGO 3.0 BY-NC-ND) license and may be reproduced with attribution to the IDB and for any non-commercial purpose. No derivative work is allowed. Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC- IGO license. Note that link provided above includes additional terms and conditions of the license.


    For blogs written by external parties:

    For questions concerning copyright for authors that are not IADB employees please complete the contact form for this blog.

    The opinions expressed in this blog are those of the authors and do not necessarily reflect the views of the IDB, its Board of Directors, or the countries they represent.

    Attribution: in addition to giving attribution to the respective author and copyright owner, as appropriate, we would appreciate if you could include a link that remits back the IDB Blogs website.



    Privacy Policy

    Derechos de autor © 2025 · Magazine Pro en Genesis Framework · WordPress · Log in

    Banco Interamericano de Desarrollo

    Aviso Legal

    Las opiniones expresadas en estos blogs son las de los autores y no necesariamente reflejan las opiniones del Banco Interamericano de Desarrollo, sus directivas, la Asamblea de Gobernadores o sus países miembros.

    facebook
    twitter
    youtube
    This site uses cookies to optimize functionality and give you the best possible experience. If you continue to navigate this website beyond this page, cookies will be placed on your browser.
    To learn more about cookies, click here
    x
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT