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A Roadmap for Scaling Up Renewable Energy in Island Nations: Three Success Factors for the Eastern Caribbean’s Transition from Fossil Fuels
The Eastern Caribbean has struggled in recent years, as natural disasters – combined with the COVID-19 pandemic – have caused a precipitous drop in the tourism revenues it depends on. But as Pepukaye Bardouille at the IFC explains, transitioning to renewable energy could help address this challenge, reducing the region’s cost of electricity, supporting its climate resilience, limiting its dependence on imported fossil fuels, and producing jobs outside the tourism sector. She presents three success factors for achieving this transition – insights that could also be applicable to other island nations.
- Categories
- Energy, Environment, Investing
