Friday, November 27th 2009
Finance Minister Karen Nunez-Tesheira has been asked to chair the International Monetary Fund’s Climate Change Committee for Small States.
Nunez-Tesheira made the disclosure during the Commonwealth Business Forum’s Green Energy and Carbon Commerce session aboard the Serenade of the Seas on Wednesday. The session was chaired by Krish Krishnan, president and CEO of Green Ventures.
’While pursuing the small states agenda, Green Ventures International has expressed a keen interest in developing a green gateway for the Caribbean and Latin America within the Trinidad and Tobago International Financial Centre (TTIFC), to bring together investors, beneficiaries, and technical know-how for clean energy and carbon reduction projects and programmes,’ she said.
’Mr Chairman we are actively considering setting up a carbon credit and green commodity trading platform linked with other major international carbon credit trading facilities.’ Green Ventures was started in 2007, to focus on carbon credit generation, and rural development projects.
Green Ventures focuses on industrial enterprise partnerships by providing strategies to receive existing capital and energy efficient clean technology, under the current United Nations Framework Convention on Climate Change (UNFCCC) guidelines and the Kyoto Protocol, which became effective in 2005. The organisation is an asset manager, which deals in the following areas:
- Carbon Management and Advising Services
- Renewable Energy (Hydro, Wind, Solar, Biogas)
- Rural Renewable Energy Development Projects
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