The UNDP representative in the country, Ana María Díaz de la Cebosa, says that the condition of half an island makes the country more vulnerable to droughts, floods…
21.5% of households in the poorest areas of the country have a high vulnerability to the occurrence of storms, hurricanes and other natural phenomena.
The information was offered yesterday by the resident representative of the United Nations Development Program (UNDP) in the country, Ana Maria Diaz of Cebosa, at the annual meeting “Sustainable profits: accelerating climate action”, organized by the National Network of Business Support for Environmental Protection (Ecored).
When speaking on “Introduction to impact finance: investments that promote development from the three axes of sustainability,” the UNDP representatives said that the condition of half an island makes the country more vulnerable to droughts, floods, storms and hurricanes.
He considered that the exchange of debt by nature is important, which is a mechanism through which a country negotiates with creditors to reduce or restructure debt, in order to generate products for sustainable development.
Meanwhile, the president of Ecored stated that the entity promotes dialogue and collaboration to face the country’s most urgent environmental challenges.
He considered that the environmental issue should stop being romanticized and start taking concrete actions.
The Minister of Environment and Natural Resources, Paino Henriquezsaid that the Dominican Republic is one of the countries that contributes the least greenhouse gas emissions, but it will be one of the most affected by climate change due to its location.
He expressed that the country will be impacted by coastal erosion, major storms and hurricanes, and droughts.
He argued that a company that decides to apply sustainability policies needs to make investments.
He pointed out that the fires that have occurred in Brazil and the long drought in Spain should be of concern to the world.
The Ecored meeting, held at the El Embajador hotel, was sponsored by the banks Popular and BHD, Claro, Cemex, Metaldom, Grupo Rica and AES Dominicana.
