$2 Million to Develop Geothermal on Saint Lucia

The Global Environment Facility (GEF) and the Small Island Developing States Renewable Energy project (SIDS DOCK), facilitated by the World Bank, have approved US$2 Million to contribute towards the first phase of geothermal development assistance to the Government of Saint…

Transforming the energy landscape in the Eastern Caribbean

The Caribbean Development Bank (CDB), Japan International Cooperation Agency (JICA) and the Inter-American Development Bank (IDB) aim to transform the energy landscape in the Eastern Caribbean. The three agencies will support the efforts of Eastern Caribbean states to reduce high energy costs and dependence on…

The Caribbean needs a Marshall Plan for Clean Energy

Lefties Food Stall, a pint-sized eatery serving Barbados’ signature flying-fish sandwiches, recently became the first snack shack on the Caribbean island to be fitted with a solar panel. The nearby public shower facility sports a panel as well. So does…

Creating the Right Climate for RE Investment in the Caribbean

CDB President, Dr. Warren Smith speaks with Bloomberg on how the Caribbean can make the transition to renewable energy by capitalising on available opportunities. http://www.youtube.com/watch?v=tJNQGw1FmUY  

Renewable Energy in the Caribbean: Current Trends and Lessons from History

Island regions are largely dependent on imported oil for power generation. Local governments support renewable sources to limit exposure to volatile oil markets, but barriers hinder the development of a strong renewable energy sector. In an article in Energy Policy, Rebekah Shirley and Daniel Kammen…