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:
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;
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