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Caribbean & Central America - May 2016 (ISSN 1741-4458)

CARIBBEAN POINTERS

*** US-CARIBBEAN ENERGY TASK FORCE REPORTS. The Task Force for Caribbean and Central American Energy Security (US-CCA Task Force) issued a report in early May 2016 in which it noted that the Caribbean would need US$20bn in energy investment (according to the Caribbean Community [Caricom]) to achieve its 2027 targets under the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) framework. The report added that public finance alone was unlikely to be sufficient to meet these investment requirements, yet many countries in the region have limited access to capital markets, small energy markets, and regulatory issues “which can create barriers to the investments necessary for transforming their energy systems”.

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