Barbados News Business

Sustainable energy solutions to be launched

The Caribbean Centre for Renewable Energy and Energy Efficiency is launching two facilities aimed at accelerating sustainable energy solutions in the region.

The Center has partnered with the CARICOM Development Fund on the Project Preparation Facility and the Credit Risk Abatement Facility.

The Project Preparation Facility was established with a view to tackle barriers to the development of high-quality sustainable energy projects across CARICOM, while the other seeks to incentivize additional lending from local financing institutions for renewable energy and energy.

Prime Minister Mia Amor Mottley is set to deliver an address at the launch set for later Wednesday morning.

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