CARIF Market News

Belize most vulnerable in Central America to sea level rise

Among small-island developing states in the Caribbean, Belize is the most likely to be impacted by climate change. The Development Finance Corporation (DFC) is promoting renewable energy and energy efficiency financing to Belize’s private sector, with an offer of up to $200K per project for upgrades and installation. But Dr. Kenrick Leslie, Executive Director of […]

Webinar on Financing Storage for Islanded Renewable Energy Systems

IRENA, under the umbrella of the SIDS Lighthouses Initiative, aims to facilitate the financing of energy storage in island systems. For this purpose, a paper “Financing Storage for Islanded Renewable Energy Systems”, highlighting the difficulties and potential solutions to the securing of financing for energy storage projects in remote areas and islands, has been prepared.  […]

Affordable Financing for Climate Change Mitigation Projects in Jamaica

The United States Agency for International Development (USAID) and the First Global Bank have partnered to give Jamaicans access to affordable loan financing for projects related to climate-smart agricultural and climate change mitigation solutions. According to Peter Lindo, Vice President of First Global Bank, the loans are different than traditional green financing, which typically targets […]