A landmark collaboration between the International Finance Corporation (IFC) and the CARICOM Committee of Central Bank Governors aims to accelerate green investments across the English-speaking Caribbean, offering new hope for climate resilience, economic growth, and sustainable development in one of the world’s most vulnerable regions. At the core of this agreement is the creation of a regional...
As global economies face the mounting pressures of climate change, digital disruption, and geopolitical instability, the Caribbean is positioning itself as a region of strategic value and investment readiness. This evolving narrative will be at the heart of the Caribbean Investment Forum (CIF) 2025, set to take place in Montego Bay, Jamaica, from July 29–31, 2025. According to the World Bank,...
The World Bank’s Board of Executive Directors has greenlit a major new energy initiative—the Caribbean Resilient Renewable Energy Infrastructure Investment Facility—targeting Grenada, Saint Lucia, and Saint Vincent and the Grenadines. Developed in collaboration with the Eastern Caribbean Central Bank and regional governments, the initiative aims to drive the transition to clean, reliable, and...
Barbados now boasts the largest electric bus fleet in the Western Hemisphere, thanks to the formal handover of 30 new electric buses from the People’s Republic of China. This latest donation brings the island’s total to 89 electric buses and marks the third delivery in an ongoing partnership between the two nations. Deputy Prime Minister and Minister of Transport and Works, Santia Bradshaw,...
Public Service Vehicle (PSV) operators have welcomed the government's release of $3 million in financing to kick-start the transition to cleaner and more energy-efficient transport—a move that has been anticipated for years. Chairman of the Alliance Owners of Public Transport (AOPT), Roy Raphael, stated that the funding marks the long-awaited beginning of the PSV sector’s Transport Energy Project....
Prime Minister Mia Mottley has urged Caribbean nations to tap into $6 billion in excess cash sitting in regional banks to accelerate the transition to renewable energy, warning that inaction could hinder economic growth. Speaking at the Sustainable Energy for All Global Forum on Wednesday, Mottley emphasized that while the Caribbean possesses the natural resources to become a clean energy leader,...
Barbados is redefining its renewable energy landscape with an ambitious four-year initiative to convert agricultural waste into bioenergy. The Sustainable Management and Resilient Thinking for our Energy Revolution (SMARTER) project, funded by the Global Environment Facility, marks a pivotal step towards the nation’s goal of achieving 100% renewable energy by 2030. Launched on Wednesday at the...
Barbados' ambitious goal of achieving 100% renewable energy by 2030 is expected to spark a surge in job opportunities across various fields, ranging from solar power to waste-to-energy systems. This promising outlook was highlighted during the Barbados Sustainable Energy Youth Forum, held as part of CARICOM Energy Month on Thursday. Experts at the forum painted an optimistic picture for young...
E-Finity Distributed Generation is at the forefront of transforming the Caribbean’s energy landscape, with its innovative microgrid solutions helping to power everything from large resorts to affordable housing developments across the region. The company has played a key role in promoting clean, reliable energy through its unique microgrid technology, which integrates solar power, battery storage,...
Barbados is poised to make history with the launch of the world’s first vehicle powered by renewable natural gas (RNG) derived from Sargassum seaweed, Blackbelly sheep manure, and rum distillery wastewater. This innovative project, a result of over a year of research by the University of the West Indies at Cave Hill, marks a major step in renewable energy development. The initiative, spearheaded by...