KINGSTON, Jamaica, CMC—The Growth Financial institution of Jamaica (DBJ) has joined TBR Lab in launching Carbon Shift, the Caribbean’s first complete local weather tech acceleration program.
It stated that the initiative, via its Boosting Innovation, Development and Entrepreneurship Ecosystems (BIGEE) Programme, and that this collaboration marks a continued pivot by the DBJ in the direction of fostering innovation and entrepreneurship as key drivers of sustainable growth.
Led by TBR Lab, Carbon Shift is an initiative designed to speed up scalable local weather options, entice sustainable funding, and catalyze transformative innovation throughout the Caribbean.
Carbon Shift represents a important milestone within the Caribbean’s response to the local weather disaster. As small island creating states face more and more extreme environmental threats, this system will function a launchpad for high-impact ventures centered on renewable power, sustainable agriculture, carbon markets, water resilience, and round economic system innovation.
TBR Lab will lead the execution of Carbon Shift in collaboration with Local weather KIC, Europe’s main local weather innovation ecosystem. Collectively, they may convey international experience, confirmed methodologies, and investor networks to assist Caribbean entrepreneurs and local weather innovators.
“This system marks a brand new chapter for local weather resilience within the area. Because the threats of local weather change intensify throughout our small island states, we should harness the ability of innovation to future-proof our economies,” stated Kirk-Anthony Hamilton, the co-founder of TBR Lab.
“With Carbon Shift, we’re laying the inspiration for a regional ecosystem that empowers local weather entrepreneurs, attracts sustainable funding, and accelerates the Caribbean’s shift to a low-carbon future,” he added.
The DBJ stated it champions initiatives supporting long-term nationwide growth and personal sector development. It stated Carbon Shift is one other strategic intervention to reinforce local weather resilience and unlock new financial alternatives throughout the area.
“As a growth finance establishment, the Growth Financial institution of Jamaica stays steadfast in its dedication to sustainable growth and local weather motion,” stated DBJ managing director Dr. David Low.
“Our partnership with TBR Lab on Carbon Shift displays our confidence in regional collaboration and forward-looking approaches to the local weather disaster. This initiative provides a robust platform to empower native expertise, mobilize funding, and speed up impactful options that may form a extra resilient Caribbean,” he stated.
The DBJ stated Carbon Shift is now accepting purposes from entrepreneurs and startups throughout the area creating progressive applied sciences and enterprise fashions to deal with pressing local weather challenges. It provides a singular alternative to entry world-class experience, investor networks, and focused assist to speed up their ventures.
“In parallel, this system additionally seeks to have interaction company companions, traders, growth businesses, and authorities our bodies dedicated to advancing local weather innovation and unlocking new financial alternatives for the area. candidates and companions are inspired to be taught extra and apply,” stated the DBJ, an company of the Ministry of Financial Development and Job Creation.
