Supporting climate action in the Caribbean
A collaborative project between the Caribbean Community Climate Change Centre (5Cs) and the Swedish Energy Agency.
Objective
The objective of this phase of the collaboration is to provide a deeper understanding of some of the key elements of international and domestic efforts to stimulate investment in renewable energy (RE) and energy efficiency (EE) in the Caribbean region in the context of climate change mitigation and adaptation. These elements include: international resources that can be brought to bear to support relevant action in this area in the region and requirements for accessing it (including considerations regarding how to leverage finance and investment needed for the implementing energy-related measures); coherence between national climate and energy policies and NDCs in the region, and; national planning status for implementing the measures related to energy outlined in their NDCs, and; coherence with respect to relevant regional initiatives.
Project results
The project resulted in 2016 in a report that describe and assess the elements of international and domestic efforts to stimulate renewable energy (RE) and energy efficiency (EE) investments in the region.
The report includes the following;
- An overview of the renewable -energy and energy- efficiency relevant aspects of the NDCs and national energy and climate policies in the CARICOM member states. The overview maps the NDCs (what is conditional/unconditional in targets) and provide an initial analysis on coherency between NDC:s, national climate change policies and national energy policies.
- A catalogue/directory of finance and investment support for energy-related activities in the Caribbean that could support NDC implementation. This includes a review of sources of support (finance, capacity-building and technology) available for renewable energy and energy efficiency investments in the region, information on how to access them and identification of possible innovative approaches to leverage climate finance.
- An overview of regional policy coherence and mapping of initiatives and of the as well as national planning status for NDC implementation, mapping out where the countries are right now.
In 2017 the report results were presented at a regional workshop. The work continues in close collaboration with the 5C, providing capacity building support for NDC implementation, with focus on energy interventions stipulated in the NDCs, in the Caribbean region.