Finance and Project Support

STRATEGIC PROGRAMMES

Investment and Business Promotion

 

 

In cooperation with regional institutions, financial institutions and private investors, the Centre’s Project Preparation Facility (PPF) will implement activities directed to mitigate financial barriers for investments in small, medium and large-scale renewable energy and energy efficiency projects and businesses in the Caribbean region.

Particularly, the Centre will implement the following investment promotion activities:

  • Establish a user-friendly investment portal on the SIDS DOCK project pipeline for potential investors and financiers;
  • Organize annual investment and business forums (e.g. trade fares) to present the project pipeline to interested financiers and investors;
  • Raise funding for the execution of the project pipeline and support the development of innovative projects addressing the energy needs in the industrial and commercial sectors in the Caribbean;
  • Design and establish regional support schemes to support national institutions/banks to provide co-finance to small to medium scale projects (including rural off-grid projects);

The Centre will also implement the following business promotion activities:

  • Undertake a baseline assessment and develop a strategy for the promotion of local sustainable energy industry and jobs;
  • Design and operate a financing facility to support innovative local sustainable energy businesses and start-ups and execute calls for proposals;
  • Develop and execute a clean-tech program to promote renewable energy and energy efficiency business innovations (including prize competitions for the most innovative business idea);
  • Gather lessons learned and develop a manual for sustainable energy start-up companies;