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Can we revitalize Caribbean economies through investment in infrastructure?

From our Editorial Team
March 17, 2021
The arrival of COVID-19 on Caribbean shores threatened to unleash a double-digit recession in a region dependent on air, sea and land transport to connect and grow its economies. After all, the travel and tourism sector contributed nearly US$59 billion to the Caribbean’s gross domestic product in 2019. Over the course of a recent discussion […]
Ministry of Energy in Chile and Port of Rotterdam Authority sign MOU on green hydrogen
March 17, 2021
Minister Juan Carlos Jobet, of the Ministry of Energy of Chile, together with Allard Castelein, CEO of Europe’s largest port, signed a Memorandum of Understanding (MOU) on green hydrogen via videoconference. This is the first agreement on hydrogen as a fuel and feedstock signed by the Ministry of Energy with a European port. The agreement […]
USTDA, Caribbean nations partner on energy procurement
March 13, 2021
The U.S. Trade and Development Agency launched the Caribbean Regional Energy Procurement Assistance Program to support the development of high-quality energy infrastructure in eight Caribbean countries; Belize, Dominica, Grenada, Guyana, Jamaica, St. Lucia, St. Vincent and the Grenadines, and Suriname. The Program will deliver targeted procurement training to officials who manage energy sector investments in these […]
Trinidad and Tobago Prime Minister opens NiQuan Energy’s GTL plant
March 12, 2021
NiQuan Energy’s gas to liquids (GTL) plant at Pointe-à-Pierre has been opened by the Prime Minister of Trinidad and Tobago, Dr Keith Rowley. The plant has a nameplate capacity of 2400 bbl/d and produces high performance, low emissions energy products, GTL paraffin diesel and GTL naphtha, from natural gas. Source
How can investment in infrastructure revitalize Caribbean economies?
March 09, 2021
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IDB seeks bids for Colombia renewables consultancy contract
February 16, 2021
The Inter-American Development Bank (IDB) has launched a tender for a consultancy contract that seeks recommendations for the integration of new renewable power generation projects in Colombia. Expressions of interest for the US $1 million contract must be submitted before February 19. Source
The economics of energy transformation zeroes in on infrastructure in Antigua and Barbuda
February 11, 2021
Prime minister and minister of finance and corporate governance, Gaston Browne has undertaken energy transformation focusing on renewable energy, climate resilience, and a development fund to power Antigua and Barbuda. To facilitate such access, the government will complete the $55 million new airport on Barbuda in 2020. The estimated value of all the projects, which […]
UN Secretary-General António Guterres calls for increased climate finance in Caribbean
February 3, 2021
UN Secretary-General António Guterres called for 50% of the total share of climate finance to be spent on building resilience and adapting to the effects of a warming world. He added that existing catastrophe-triggered financial instruments such as the Caribbean Catastrophe Risk Insurance Facility (CCRIF) should be scaled up, pointing out that: “For every dollar invested in […]
Dominica prioritizes strengthening infrastructure with Citizenship-by-Investment funds
February 2, 2021
Dominica’s CBI Program, which enables foreign investors and their families to become citizens of the nation once investing in either a government fund has been injected into important sectors in Dominica, from healthcare and education to tourism and infrastructure development. The Program also supports the construction of over 5,000 climate-resilient homes for citizens impacted by Hurricane Maria. […]