Sustainable Energy for the Eastern Caribbean (SEEC) Programme
Sustainable energy
COUNTRIES
Antigua & Barbuda, Dominica, Grenada, Saint-Vincent and the Grenadines, St Kitts and Nevis, St Lucia
DATES
Jun/2015
- Jul/2025
ONGOING
PROJECTED TOTAL INVESTMENT SIZE
€ 21 368 000
EU CONTRIBUTION
€ 4 450 000
SECTOR
Sustainable energy
TYPES OF SUPPORT
Investment Grants
Technical Assistance
Technical Assistance
DESCRIPTION
The objective of this programme is to reduce participating countries’ dependency on imported fossil fuels by displacing their use in electricity generation with economically viable investments in renewable energy (on the supply side) and energy efficiency (on the demand side). The programme, implemented by CDB, provides funding for investments for renewable energy and energy efficiency as well as technical assistance for institutional strengthening, capacity building and project support.
RESULTS
- Greater capabilities in identifying, assessing and implementing renewable energy and energy efficiency projects.
- Improved enabling environment (legal, regulatory and institutional frameworks for the electricity sector).
- Enhanced market for renewable energy and energy efficiency financing.
- 6 MW of additional capacity from renewable energy sources.
- Fossil fuel consumption reduced by 105,000 BBL/year.
- Reduction of 39,000 tons CO2/year.
LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS
