Eastern Caribbean countries have signed a US$115 million financing agreement with the World Bank under the Caribbean Resilient Renewable Energy Infrastructure Investment Facility (CRREIIF). This initiative, aimed at enhancing climate resilience in the Eastern Caribbean Currency Union (ECCU), will focus on improving energy security, reducing reliance on imported fossil fuels, and boosting regional competitiveness by providing technical support, risk mitigation, and funding for grid modernization and renewable energy projects.
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