Energy is central to addressing almost every major challenge and opportunity in the region, whether it be reducing poverty, producing and cooking food, boosting employment, improving security, using digital services or raising incomes. However, the current energy model with its heavy use of fossil fuels jeopardizes environmental equilibrium, as it is a major contributor to greenhouse gas (GHG) emissions. Sustainable Development Goal (SDG) 7 seeks to ensure access to affordable, secure, sustainable and modern energy. To this end it sets three targets, the first concerning access to energy, the second energy renewability and the third energy efficiency. In what follows,...
Keywords: COVID-19, Mining resources, Natural resources, Energy, Biodiversity, Agriculture and rural development, Governance of natural resources, Water resources
This report highlights the ongoing and previous work of the Agency to support countries through its various work packages, including those concerned with project development, financing and investment. Keywords: Antigua and Barbuda, Bahamas, Belize, St. Kitts and Nevis, Caribbean, Barbados, Granada, Guyana, Dominica, St. Lucia, St. Vincent and the Grenadines
Climate change, combined with recent geopolitical developments, has sent shockwaves throughout the global economy, magnifying concerns around energy security, food security and weather-related disasters. Small island developing states (SIDS), which are amongst the lowest emitters worldwide, are most at risk from these potential threats. However, they are increasingly employing ambitious plans to deploy renewable energy in order to secure its multiple benefits. This technical paper presents a quantification of SIDS’ renewable energy targets, both in their national energy plans and in their NDCs, comparing commitments made within their national policies and plans with those that extend to the Paris Agreement...
Keywords: Hydrogen, Renewable energy, energy storage, fuel cell, battery, CARICOM, GHG, greenhouse gas, hydrogen production from primary energy, hydrogen production from secondary energy, gasification