AGP Executive Report
Last update: 9 hours agoClimate Finance Boost: Jamaica secured a US$2.1m Green Climate Fund readiness grant via the CCCCC to strengthen its ability to access international climate financing and build a pipeline of resilience projects after Hurricane Melissa. Energy & Local Content Push: Natural Resources Minister Vickram Bharrat urged oil and gas firms to “spread their wings” regionally, pointing to partnerships and growth opportunities across Trinidad and Tobago, Suriname and Brazil. EV Market Entry: Kintyre Holdings Jamaica is moving into electric vehicles through a partnership with Florida-based Rush Hour Engineering, with rollout starting in Jamaica using JMEV vehicles. Land Access Plan: Government says it’s finalising a structured process to release public lands for Jamaicans to legally acquire, aiming to expand access while improving equity in a competitive system. Hurricane Readiness: JPS says it has begun preparations for the 2026 Atlantic hurricane season, including inventory build-ups and partner support, drawing lessons from Hurricane Melissa. Construction Supply Watch: Cabinet approved additional cement imports to ease a supply shortage affecting rebuilding demand. Road Data Upgrade: A Jamaica Road Register will be established under the One Road Authority, with a public app for residents to report road conditions. Banking Results: JN Bank more than tripled net profit to $1.45b for the year ended March 31, 2026, as impairment losses fell and operating efficiency improved. Fraud Alert: Industry Minister Delano Seiveright warned the public about a fake AI-generated investment video using his image and voice, urging people not to share money or personal details. Diaspora Investment Angle: JACRA encouraged diaspora Jamaicans to invest in commodities like spices, cocoa, coconut and coffee, including farm and processing opportunities. Business & Governance: Jamaica Diaspora Conference closed with record attendance and renewed calls for diaspora partnerships across investment, security, youth and climate resilience.
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