CARICOM - New Energy Events

CDF and U.S. announce plans for climate-resilient fund in the Caribbean
February 1, 2024
The CARICOM Development Fund (CDF) and the United States announced plans for a CARICOM Resilience Fund. The new blended finance initiative, with a target of US$100 million, and technical assistance from the U.S. Agency for International Development, will be dedicated to supporting initiatives that enhance growth and resilience in the Caribbean region in the face […]
UK, CDB to improve the energy network in Barbuda
November 5, 2021
The Caribbean Development Bank (CDB) approved a grant to reconstruct and rehabilitate the energy network in Barbuda. The project is being funded by the United Kingdom under its aid programme. The CDB-administered grant of GBP 2.85 million will finance the undergrounding of about half of the 16 kilometres electricity network of the island, and provide […]
Caricom countries set out COP26 outcomes
August 17, 2021
The executive director of the Belize-based Caribbean Community Climate Change Centre (CCCCC), Dr Colin Young, says the consequence for Caribbean countries will be “very dire” if the delegates to an international conference in Glasgow later this year fail to respond positively to the sixth report of the Intergovernmental Panel on Climate Change (IPCC). The IPCC’ […]
Integrate Caribbean energy services markets
June 28, 2021
Integration of the Caribbean energy services markets could help to make businesses more competitive and reduce costs for project development and hence, eventual prices to consumers. This should be a focus for CARICOM in the implementation of the Single Market and Economy. There has been a lot less emphasis on making sure that energy services are able to be traded […]
SDG Index 2021: How did Caribbean countries perform?
June 15, 2021
Released annually, the Sustainable Development Report is a key resource for tracking countries’ progress towards achievement of the SDGs which are part of the 2030 Agenda for Development agreed to by UN Member States, including those in the Caribbean, in 2015. For those Caribbean countries ranked, Cuba was the highest with a rank of 49 […]
PM Keith Rowley to Caricom – Increase provision of clean, secure energy
June 8, 2021
Prime Minister Dr. Keith Rowley today said Caribbean Community (Caricom) countries have an opportunity to increase the penetration of natural gas within the Caribbean, which will aid in providing a clean, secure supply of energy to regional countries as they transition away from sources such as coal and heavy fuel oil. Rowley, who is also […]
US, Caribbean mend fences on energy cooperation
April 26, 2021
A meeting yesterday among US secretary of state Tony Blinken and foreign ministers of Caribbean regional trade group Caricom has rekindled cooperation in several areas including energy, Caribbean officials told Argus today. Source
2020 Island Resilience Action Challenge: Uniting to define resilience in the face of climate and health threats
January 20, 2021
By: Kimberly Lewis, Lead Fellow, Advanced Energy Group At the tail end of a notably unprecedented and challenging year, Advanced Energy Group (AEG) and New Energy Events (NEE) virtually hosted the Island Resilience Challenge (IRAC). IRAC is a one-of-a-kind annual workshop focused on identifying key barriers to grid resiliency in the Caribbean and determining actionable […]
Barbados Center for Renewable Energy and Energy Efficiency partners with CARICOM
October 16, 2020
The Barbados-based Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) has signed a Letter of Agreement (LoA) to be the lead energy partner in the co-development of state-of-the-art, tailored climate information and services for the energy sector in the 15-member Caribbean Community (Caricom) grouping. Source