Jamaica is among three regional states set to benefit from US$26.7 million in funding approved by the Green Climate Fund (GCF) for an innovative energy initiative that will be implemented by the Caribbean Development Bank (CDB).
Barbados and Belize are the other countries earmarked for assistance from the landmark, ‘Scaling up the Deployment of Integrated Utility Services (IUS) to Support Energy Sector Transformation in the Caribbean (Phase 1)’.
The programme is designed to accelerate the adoption of distributed renewable energy, energy efficiency, and other clean energy technologies in the three countries. It is expected to benefit 40,700 people across Barbados, Belize and Jamaica.
“This is the first CDB programme approved by the GCF and signals a joint commitment to expand access to sustainable, affordable, and resilient renewable energy, particularly as the Caribbean faces intensifying climate risks including storms, floods, and rising temperatures,” the bank said in a release on Thursday.
