Jamaica signs Caribbean Centre for Renewable Energy and Energy Efficiency Agreement

Wednesday, July 12, 2017

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GRAND ANSE, Grenada — Jamaica is signatory to the Agreement establishing the Caribbean Centre for Renewable Energy and Energy Efficiency, CCREEE.

Prime Minister Andrew Holness signed the agreement last Thursday ahead of the start of the final day of discussions at the 38th regular meeting of the heads of government of Caricom here.

The CCREEE is designed to address the implementation deficit in Caricom's sustainable energy sector and to support or coordinate the execution of regional renewable energy and energy efficient projects.

The centre will be headquartered in Barbados.

For its part, the Government of Jamaica has been actively seeking to attract investment in renewable energy solutions in order to diversify the energy sector in line with its national energy policy.

Holness said that with the expansion of renewable energy solutions, Jamaicans can expect to see micro-economic decisions manifest in the macroeconomy.

The target is to have 20 per cent of the country's energy need being supplied by renewable sources by 2018, moving to 30 per cent by 2030.




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