(MENAFN- Caribbean News Global) KINGSTON, Jamaica – The High Commission of Canada in Jamaica successfully hosted a high-level Policy and Regulatory Masterclass on March 30, 2023, entitled“The Climate Approach.” The event brought together a panel of experts who discussed the policy and regulatory dynamics necessary to develop a climate-smart economy. Key stakeholders from the Jamaican government, finance sector, and energy sector attended the event.
Led by Matthew Samuda, minister without portfolio in the ministry of economic growth and job creation, the esteemed panel included Canadian experts, Jacob Irving, president, and chief executive officer from the Energy Council of Canada; Canadian Jamaican Howard Shearer, chair of the board and first non-Japanese president of Hitachi Canada; and Ian Mondrow, partner in Gowling WLG's Toronto office, who is a legal luminary in the area of energy regulation and policy. The session was moderated by Dionne Jackson Miller, a renowned journalist and broadcaster.
During the session, the panelists shared their expertise and discussed the policy and regulatory dynamics necessary to develop a climate-smart economy. The discussions covered a range of topics including policy development, regulatory frameworks, grid stability, and best practices for promoting sustainable economic growth while mitigating climate change. The session prompted thought-provoking questions on renewable and sustainable energy including nuclear energy.
In her remarks, the High Commissioner extended gratitude to the panelists and special guests joining the discussion, as she looked forward to the innovative ideas emerging to help realize the respective climate goals and timelines.
“Canada and Jamaica are partner countries with strong traditional ties and economic development assistance programmes, which consistently support global climate action. We remain committed to working with our Jamaican partners to promote sustainable economic growth and mitigate the effects of climate change.” She further noted that“the government of Canada is taking strong action to fight climate change while accelerating our path to a 100 percent net-zero electricity future. To this end, and since 2015, Canada has invested over $100 billion in climate action and clean growth.”
Senator Matthew Samuda, Minister without Portfolio in the Ministry of Economic Growth and Job Creation speaking at the Policy and Regulatory Masterclass hosted by the High Commission of Canada; with, Ian Mondrow, partner in Gowling WLG's based in Toronto and Energy Policy and Regulatory Expert.
Commenting on the masterclass,“the discussion around cleantech and around energy is tied to Jamaica's prospects for prosperity,” said Matthew Samuda, minister without portfolio in the ministry of economic growth and job creation,“the most important takeaway is the need for continued stakeholder engagement, engaging other partners in the sector, citizens, our bilateral partners from Canada with the expertise they bring. We have a lot to do in a short period of time and it's going to require a lot of conversations such as this and it will have to involve all stakeholders.”
The organisation of this Masterclass comes as part of the High Commission's continuous efforts to connect the Jamaican government with experts from Canada to promote knowledge sharing and highlight the latest insights and trends on topics across various domains. This aligns with Canada's commitment to build on its long-time support for climate action in developing countries. The visiting Canadian energy experts also engaged in a series of sector meetings with key Jamaican counterparts earlier in the day.
The Trade Commissioner Service (TCS) supports Canadian companies that have economic ties to Canada, the potential to contribute to Canada's economic growth, and the ability to internationalize.
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