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Wednesday, 12 October 2016

Barbados to host EU-Caribbean energy conference

Barbados Prime Minister Freundel Stuart will deliver the feature address at the European Union-Caribbean Sustainable Energy Conference that begins here on Monday. An EU statement noted that immediately after the opening ceremony that will also be addressed by Caribbean Community (CARICOM) Secretary General Irwin La Rocque and the newly appointed EU Ambassador to Barbados, Daniela Tramacere, a number of agreements will be signed with CARICOM and Caribbean Forum (CARIFORM) countries. It said these include a three million Euro (One Euro = US$1.29 cents) allocation to Barbados for renewable energy under the European Development Fund (EDF) and a Euro9.2 million grant for the implementation of the Caribbean energy policies. In addition, agreements will be signed to mobilise Euro30 million for the Caribbean Investment Facility (CIF) to facilitate new infrastructure investments as well as a joint Memorandum of Understanding (MOU) between CARIFORUM, the EU and th European Investment Bank for further cooperation in renewable energy.

Source: antiguaobserver.com