📋 Tender Overview
PROJECT DETAILS
Project number:
2021.2126.7
Status:
ongoing project
Responsible organizational unit:
2C00 Latin America, Caribbean
Contact person:
Clemens Findeisen clemens.findeisen@giz.de
Partner countries:
Caribbean Community
SUMMARY
Goals:
Advice on climate-resilient and sustainable energy supply
Client:
Federal Ministry for Economic Cooperation and Development
Project partners:
Caribbean Community Secretariat
Financier:
not available
ORDER VOLUME
Overall project:
(including all previous, current and subsequent project phases, if applicable)
6,000,000 euros
Current project:
6,000,000 euros
COMBINED FINANCING
not available
PREVIOUS PROJECT
not available
SUCCESSOR PROJECT
not available
DURATION
Overall project:
(including all previous, current and subsequent project phases, if applicable)
24.08.2023 - 30.06.2028
Current project:
01.07.2025 - 30.06.2028
OTHER PARTIES INVOLVED
not available
FURTHER INFORMATION
Project website
not available
DEVELOPMENT POLICY IDENTIFIERS
Gender equality
Significant secondary objective
Disaster risk management
Significant secondary objective
Adaptation to climate change
Significant secondary objective
Climate change, greenhouse gas reduction
Significant secondary objective
CRS KEY
23110 Energy policy and administration
EVALUATION
not available
PROJECT DESCRIPTION (DE)
Promoting Renewable Energy in the Caribbean
Initial situation
Despite their high potential for renewable energy, the states of CARICOM (Caribbean Community) are heavily dependent on fossil fuels. This leads to high energy import costs and economic burdens. At the same time, the states are particularly vulnerable to extreme weather events such as cyclones, which damage energy infrastructure and endanger the electricity supply.
Although climate-resilient electricity planning proposals (IRRPs) are being developed in St. Lucia and Grenada, many countries in the region lack a clear framework for the expansion of renewable energies. Innovation-friendly regulations are crucial for promoting new technologies, adapting market structures, and developing long-term business models. Demonstration projects can help test feasibility and drive transformation of the energy supply in the region.
Objective
The regulatory and financial conditions for a climate-resilient and climate-neutral energy supply in selected Caribbean countries have improved.
Approach
The project promotes a climate-resilient and climate-neutral energy supply in the Caribbean.
To this end, it supports St. Lucia and Grenada in developing regulatory frameworks for renewable energies. Public dialogues raise awareness of climate-resilient electricity supply and facilitate the transition to appropriate market structures.
Bundling smaller projects makes investment in renewable energies more attractive to development banks. The project supports this approach with financing models and feasibil
