Explore successful PPP models that mobilize capital and expertise for infrastructure and renewable energy projects.
Cities are at the forefront of the global energy transition. As hubs of innovation and high energy consumption, they are uniquely positioned to lead the shift toward sustainability. Transitioning to 100% renewables for cities offers significant environmental, economic, and social benefits, but it also presents complex challenges. With rapid advancements in technology, supportive policies, and … Read more
The urgency to tackle climate change, resource scarcity, and rapid urbanization demands transformative action in the energy and water sectors. These sectors account for a significant part of global greenhouse gas emissions and resource use. Buildings alone contribute 40% of global CO₂ emissions. Developing markets face compounding challenges, including inadequate infrastructure, limited access to affordable … Read more
In today’s world, the demand for clean, reliable, and scalable energy solutions has never been greater. We are transitioning from fossil fuels to more sustainable options. These include Small Modular Reactors (SMRs) and renewable energy sources like solar, wind, and geothermal. These options are emerging as key players in the global shift toward low-carbon energy. … Read more
The Caribbean energy transition is crucial for reducing dependency on imported fuels. It is also essential for lowering high energy costs and strengthening resilience against natural disasters. Nonetheless, these goals need significant investment and resources. Multilateral Development Banks (MDBs) play a vital role in advancing this transition. They offer essential funding. They also attract private … Read more
Benefits and Challenges of the CREGI-RES Project Driving Economic and Environmental Benefits The CREGI-RES project promises significant economic and environmental benefits for the Caribbean region. Economically, it aims to reduce the cost of electricity across the participating Caribbean nations. This is done by creating a shared grid that optimizes renewable energy resources. At the same … Read more
The CREGI-RES Project: Pioneering Sustainable Energy The Caribbean Development Bank (CDB) has conceived the Accelerated Sustainable Energy and Resilient Transition (ASERT) ASERT-2030 Framework. This is part of the CDB’s Energy Sector Policy and Strategy (ESPS). The goal is to aid its leadership role in pursuing renewable energy projects. The CREGI-RES project (Caribbean Regional Electricity Grid … Read more
In today’s rapidly changing world, energy efficiency isn’t just a buzzword—it’s a necessity. As we strive for sustainable development and environmental conservation, improving our energy use is paramount. But what exactly does energy efficiency mean, and why is it so crucial? Understanding Energy Efficiency Energy efficiency refers to the practice of using less energy to … Read more