Project profile — Support to the Energy Sector in the Caribbean



Overview 

CA-3-D002426001
$5,000,000
Caribbean Development Bank (46009)
2015-10-15 - 2023-03-31
Operational
Global Affairs Canada
NGM Americas

Country / region 

• Saint Lucia (1.83%)
• Dominica (3.65%)
• Saint Vincent And The Grenadines (14.56%)
• Antigua and Barbuda (10.95%)
• Trinidad And Tobago (1.83%)
• Grenada (1.83%)
• Guyana (10.95%)
• Montserrat (3.65%)
• Suriname (1.83%)
• Saint Kitts and Nevis (14.60%)
• Belize (1.46%)
• Barbados (1.83%)
• Jamaica (1.83%)
• Bahamas (1.83%)
• West Indies, regional (27.37%)

Sector 

• Energy Generation, Distribution And Efficiency - General: Energy policy and administrative management (23110) (100.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (not targeted)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (principal objective)
• Climate Change Adaptation (significant objective)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project supports Caribbean countries in their pursuit of energy independence through renewable energy and energy efficiency solutions. This project responds to the needs expressed by the Caribbean public and its private actors in three areas that include: 1) strengthening legislative and regulatory frameworks, including national plans and policies to establish an enabling environment and support the achievement of sustainable energy targets; 2) conducting studies and economic assessments to assist private and public sector investors in the preparation and planning of renewable energy and energy efficiency projects; and 3) providing workshops, training, and professional attachments to increase knowledge and expertise in specific areas renewable energy and energy efficiency.

Expected results 

The expected outcomes for this project include: (1) strengthened legislative and regulatory frameworks for investment in and the uptake of renewable energy and energy-efficient solutions in the Caribbean; (2) increased deployment of energy-efficient and renewable energy technologies in the Caribbean; and (3) improved capacities and decision-making for the public sector, private sector, and the Caribbean Development Bank’s staff in the energy sector.

Results achieved 

Results achieved as of March 2022 include: (1) contributed to addressing important gaps in advancing renewable and efficient energy in the Caribbean through 27 sub-projects: (2) clarified and advanced energy efficiency and renewable energy strategies, plans and policies; (3) targeted training for regulatory bodies in Jamaica, St. Lucia, Trinidad and Tobago, and officials across the region; (4) validated energy performance standards and energy-efficient building codes; (5) designed for battery storage and grid modernization solutions, including for a utility-scale solar project in Jamaica; (6) improved private sector capacity for energy audits and solar energy installations; and (7) advanced the policy discussion on “Blue Economy” (the sustainable use of ocean resources) in the region.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Other technical assistance
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