Caribbean Green Tech Incubator launched
The Caribbean Climate Innovation Centre (CCIC) was launched today (Monday, January 27, 2014) at the Caribbean Industrial Research Institute (CARIRI) in Trinidad and Tobago. The World Bank/infoDev initiative, which is being administered by the Jamaica-based Scientific Research Council and Trinidad and Tobago-based Caribbean Industrial Research Institute (CARIRI), will function as an incubator for businesses solving climate change problems and promote investment in green technology in the region. The Centre is one of eight globally, as others are located in Ethiopia, Ghana, India, Kenya, Morocco, South Africa and Vietnam.
The Centre will provide grant funding of up to US$50,000.00 to MSMEs/ entities to assist them in developing prototypes for commercialization.
The Centre’s five focus areas are:
Solar Energy – e.g. Residential and commercial self generation, residential and commercial water heating, solar powered air conditioning
Resource Use Efficiency – e.g. waste-to energy, materials recovery, reuse and recycling
Sustainable Agribusiness – e.g. water/ energy efficient irrigation systems; waste management; high value agribusiness; sustainable land use practices; waste to energy; wind and solar energy for farms
Energy Efficiency – e.g. Lighting, household appliances, air conditioning, commercial cooling and ventilation systems, consumer behavior, building and energy management systems, building design and materials
Water Management – e.g. Potable water, rain water harvesting, efficient irrigation, wastewater treatment and recycling, water use efficiency, desalination
Dr Ulric Trotz, Chairperson of the CCIC, and Deputy Director of the Caribbean Community Climate Change Centre, says the CCIC comes to fruition at a point when unsustainable and inefficient energy consumption exacerbates the enormous socio-economic constraints faced by Member States of the Caribbean Community.
The region, which is among the most vulnerable places to climate change and climate variability, imports in excess of 170 million barrels of petroleum products annually, with 30 million barrels used in the electric sector alone, at a cost of up to 40% of already scarce foreign exchange earnings. This dependence on ever more expensive imported fossil fuels increases our economic vulnerability and reduces our ability to invest in climate compatible development. Therefore, it’s crucial that we support initiatives that can make the region’s energy sector more efficient through increased use of renewable energy, which will in turn reduce greenhouse gas (GHG) emissions.
This comes at a time when economies around the world are re-orientating towards low-carbon, green growth pathways, which have the potential to make some of our established industries, including tourism, more attractive to discerning travellers who are willing to spend more for environmentally sensitive travel packages.
The Centre offers this region a unique opportunity to leverage technological innovation in its bid to adapt and mitigate challenges brought forth by climate change, with particular focus on energy efficiency, resource use, agriculture and water management, as the regional technology space is rapidly evolving and seems poised to take-off with the advent of events and groups like DigiJam 3.0, Caribbean Startup Week, Slashroots, among others. This is encouraging as the development, deployment and diffusion of technology are key factors in any effort to mitigate and adapt to the current and future impacts of climate change. So the Centre is uniquely positioned to capitalize on these developments and focus them to achieve essential technological advancement.
~Dr Ulric Trotz, Chairperson of the CCIC, and Deputy Director of the Caribbean Community Climate Change Centre
Please view the CCIC website at www.caribbeancic.org for further information.
Photo credit: World Bank/Infodev/Caribbean Climate Innovation Centre
For more on this story go to:
http://caribbeanclimateblog.com/tag/caribbean-startup-week/
Related story:
Caribbean walks the talk on clean energy policy
Barbados, for instance, which spends an estimated 400 million dollars annually on fossil fuel imports, has announced plans for a wind, gas and solar energy programme that requires almost one billion dollars in investments.
Desmond Brown
BRIDGETOWN, Barbados, Wednesday January 29, 2014, IPS – Despite having an abundance of wind and sunshine, Caribbean countries have found that going green is requiring significant shifts in policy, and most importantly, significant financing. But despite these challenges, they are not daunted. Barbados, for instance, which spends an estimated 400 million dollars annually on fossil fuel imports, has announced plans for a wind, gas and solar energy programme that requires almost one billion dollars in investments.
“Plans for the area include a 680-million-dollar waste-to-energy plant; a leachate treatment plant costing about 31.9 million dollars; a landfill gas-to-energy project to cost 9.4 million dollars; a solar project costing 120 million dollars; and a wind-to-energy facility projected to cost 24 million dollars,” said Environment Minister Dr. Denis Lowe.
The climate change financial adviser at the Barbados-based Caribbean Development Bank (CDB), Selwin Hart, said the region’s premiere financial institution has identified the promotion of renewable energy and increased energy efficiency as a strategic priority.
“The bank is in the process of developing an energy sector strategy and policy which will be finalised in 2014,” he told IPS.
“[But] we are not waiting until that policy is finalised for us to make the necessary interventions within borrowing member countries giving the priority and urgency attached to making these investments,” Hart noted.
“We will be supporting the policy and regulatory reforms that are necessary to ensure the deployment of renewable energy and energy efficiency technology.”
Citing the region’s “vulnerability to the negative effects of climate change”, Hart said the Caribbean must be in a position to secure some of the financing needed to help it cope, adapt and reduce vulnerabilities to the serious fall-out from the phenomenon.
“We are extremely vulnerable when it comes to the consequences of climate change and we must do everything to receive our fair share of the resources being made available,” he said.
Hart told IPS global investments in renewable energy and energy efficiency have quadrupled over the last decade and now stand at 244 billion dollars a year.
“The cost of renewables, and using solar, as an example, have fallen significantly and are now for the most part cost competitive with traditional sources of energy,” he said.
The International Energy Agency (IEA) in its World Energy Outlook 2013 conservatively estimated that by 2035, renewables will surpass coal as the main fuel for power generation.
In 2012, another Caribbean country, Belize, which currently generates 63 percent of its electricity from renewable energy sources, announced plans for a National Energy Policy and a Sustainable Energy Strategy.
“We have ambitious targets. We have set ourselves to change from fossil fuel to renewable energy and at the same time decrease our energy intensity,” Energy Minister Joy Grant told IPS.
“We are pursuing all types of renewable energy – hydro, bio energy, solar, ocean, thermal and wind and waste-to-energy,” Grant added.
But like all other small developing countries, Grant said Belize’s efforts in renewable energy were constrained by the high cost of renewable technologies; the lack of domestic capacity; inappropriate frameworks to incentivise the private sector to invest in renewable energy; and small population size.
Dominica’s Energy Minister Rayburn Blackmore said that 30 percent of his country’s energy consumption comes from hydro, and last year it spent 51.6 million dollars to import fuel for energy generation.
“The consumer pays over 30 percent of that in what is being called fuel surcharge. The consumer pays an average of 1.17 dollars per kilowatt hour,” he told IPS.
“From our standpoint in Dominica, we believe as a government and as a people that we must do something, once and for all,” he said.
Blackmore said Dominica was now moving into geothermal production with the hope of cutting the price of electricity to the consumer by 40 percent in the first instance when a 15MW power plant now being constructed is rolled out.
“Our ultimate goal of geothermal production we will also be contributing to the global effort to combat climate change,” he said.
The programme manager for Energy at the Guyana-based Caribbean Community (CARICOM) Secretariat, Joseph Williams, agreed that the cost of energy is just too prohibitive to achieve the economic growth and poverty reduction needed in the region.
“When one looks at the problems currently faced by the Caribbean it is important to note that the cost of electricity is two to three times that of other countries in the Latin American and Caribbean region,” Williams said, adding that this “represents a tremendous drag, not only on the ordinary household but on businesses and commercial activity within our region.”
Opposition legislator Gaston Browne told IPS Antigua and Barbuda presently has the highest cost of electricity in the Organisation of Eastern Caribbean States (OECS), exclusive of taxes, even though it uses cheaper heavy fuel.
“We also have the worst ratio of fossil fuel generation versus renewables in the OECS,” he said.
Browne wants to see a diversification into renewable energy “with a view of having 25 percent renewable energy” within five years.
He told IPS his Antigua Labour Party would modernise the Antigua Public Utilities Authority “into a more efficient entity, thereby reducing the burden that unreasonably high cost of energy imposes on industry, commerce and residential consumers” when compared to Antigua’s OECS neighbours.
In August 2013, Antigua began the installation of solar-powered lights in the east of the island.
A government statement said the lights were intended to serve as a practical demonstration of the use of the nation’s renewable energy resources.
The CARICOM Energy Programme was established in April 2008 within the Directorate of Trade and Economic Integration to provide greater focus on energy matters in CARICOM towards development of the energy sector in the region.
Williams said the Caribbean is on the right track, putting in place a CARICOM Energy Policy and establishing targets for renewable energy in the electricity sector, while a number of the countries have advanced the whole question of policy at the national level.
“It has taken some time but we are making progress,” he told IPS
For more on this story go to: http://www.caribbean360.com/index.php/news/barbados_news/1106214.html#ixzz2rstUfAFp