Caribbean News Now!

About Us Contact Us

Countries/Territories

Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.

Contribute

Submit news and opinion for publication

Subscribe

Click here to receive our daily regional news headlines by email.

Archives

Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Travel


Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin



News from the Caribbean:


Back To Today's News

Pilot energy efficiency project in Dominica gets support from CDB
Published on July 24, 2014 Email To Friend    Print Version

BRIDGETOWN, Barbados -- The Caribbean Development Bank (CDB) will be assisting the Dominica Agricultural Industrial and Development Bank (DAIDB) in implementing a pilot initiative in financing energy efficiency investments by the micro, small and medium-sized enterprises (MSME) in the productive sectors. CDB will provide a loan of US$500,000 to help fund the project.

The project is part of an energy efficiency/renewable energy (EE/RE) programme being rolled out in some of the bank’s borrowing member countries (BMCs) that seeks to encourage greater use of EE/RE and clean energy technologies as part of a wider CDB green economy initiative.

The project in Dominica should result in greater savings in energy consumption and fossil fuel usage derived from the implementation and use of EE/RE technologies deployed MSMEs; the enhanced capacity of DAIDB to identify, appraise and supervise EE and RE projects; and better awareness of the use of EE/RE technologies that contribute to a reduction in energy usage.

CDB’s Caribbean Technological Consultancy Services will also provide technical assistance through the provision of energy audits, business plans and technical oversight during sub-project implementation.

Several BMCs are now collaborating with CDB and other development partners to climate-proof their shorelines by building sea defences, and retro-fitting roads and other infrastructure to enable them to endure the now harsher climate conditions. CDB is also working with Canada’s Department of Foreign Affairs, Trade and Development (DFATD), DfID, and the European Union to create more climate-resilient communities.
 
Reads: 1597





Click here to receive daily news headlines from Caribbean News Now!



Back...

Comments:

No comments on this topic yet. Be the first one to submit a comment.

Back...

Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, we will never see it!

Your Name:

Your Email:

(Validation required)

Comments:
Enter Code



Please note that, if you are using an AT&T domain email address, e.g. att.net, bellsouth.net, sbcglobal.net, the verification email will likely not be delivered. This is outside of our control and the only remedy seems to be for readers to complain to AT&T





Disclaimer
User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.



Other Headlines:



Regional Sports: