Geothermal Risk Mitigation Programme launched for the Eastern Caribbean

The Commissioner in charge of International Cooperation and Development, Neven Mimica and the President of the Caribbean Development Bank, Dr. Wm. Warren Smith, announced the formalisation of an EU grant contribution to the Geothermal Risk Mitigation Programme for the Eastern…

CREF Project Award Winners

The Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the Caribbean renewable energy market, today announced seven projects as recipients of its first annual CREF Project Awards. The awards represent a wide spectrum of size and technologies and are given…

Caribbean Investment Forum puts resilience into sharp focus

Urgent investment into infrastructure more resilient to climate change is needed to allow Caribbean island nations to achieve their clean energy, sustainable development plans, a high-level meeting of representatives from Caribbean governments, development partners and regional organizations in Saint Lucia…

$33m readied to finance resilient infrastructure in the CARICOM

Officials from the Caribbean Development Bank (CDB) and the Agence Française de Développement (AFD) have signed an agreement to provide USD$33 million towards financing sustainable infrastructure projects in the Caribbean region. This marks the first time that CDB has accessed financing…

Energy Security a Key Issue at Recent Trade & Investment Conference

The importance of reliable and consistent energy supply in Caribbean Community (CARICOM) member states was emphasized during the deliberations at the CARICOM/CUBA/FLORIDA Trade and Investment Conference held February 10-11, 2016 in Miramar, Florida. Director of the Institute of International Relations at the…

New Sustainable Energy Facility for Eastern Caribbean

The Inter-American Development Bank (IDB) and the Caribbean Development Bank (CDB) have signed off on the Sustainable Energy Facility, a US$71.5 million loan and grant package that will fund renewable energy and institutional capacity projects in six Eastern Caribbean countries.…

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…