Promoting the use of Renewable Energy and Energy Efficiency in the CaribbeanEnlarge image multilateral cooperation logo (© German Government)
The Caribbean countries are highly dependent on fossil resources for generating electricity and for transport. More than 95% of the commercial energy consumption is based on mineral oil products. This leads to high levlels of national debt and very high costs for electricity generation.
The REETA project builds on the results and successful approaches of the CREDP (Caribbean Renewable Energy Development Programme) and other projects in the region. The focus of the REETA project lies in the development of a regional energy strategy, the establishment of regional know-how and the support of the regional networking of the stakeholders.
Recently REETA together with the International Development Bank (IDB) donated 5 mobile training units to the University of the West Indies, Department of Physics (St. Augustine campus). This supports its efforts to increase the capacity building within the regional educational institutions (universities and vocational training centres).
REETA is one of the projects Germanys Association of International Cooperation (GIZ) currently executes in the region. Please read more in the REETA fact sheet
REETA fact sheet [pdf, 890.8k]
Enlarge image from left to right: Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin LaRocque, German Ambassador Dr. Lutz Görgens, head of the REETA project Dr. Andreas Chr. Täuber, Energy Advisor Mr. Glynn Morris (© CARICOM) On March 9 2016 the German Government and the Caribbean Community have agreed to extend their joint programme, “Renewable Energy and Energy Efficiency Technical Assistance (REETA)”. The REETA Programme aims at strengthening, at the regional and national level, sustainable development within the Caribbean Community through the increased use of renewable energy technologies and increased energy efficiency in the building sector.
Under this new phase of the German-Caribbean cooperation, the German Government is providing 3 Million Euros to support the institutional and technical requirements for improving the financing environment for sustainable energy projects within the Region.
The latest contribution brings to 8,02 Million Euros, the total support by the German Government under the REETA Programme.
REETA builds on the foundation of the CREDP Project, which has been implemented by GIZ between 2003 until 2016, and is based in Guyana at the CARICOM Secretariat. The programme focusses on five priority areas including policy, private sector development and participation, regional model projects, financing of energy infrastructure and capacity development.