by Christopher Barton and Lumas Kendrick There is an inseparable linkage between the fiscal crisis confronting the Caribbean Region and the reality of paying some of the world’s highest per capita energy costs. The countries in the region are encumbered with the necessity to import increasingly expensive oil products for transportation and electricity generation. Covering the … [Read more...] about A new Caribbean energy future is needed today
by Pamala Proverbs Country Office Barbados hosted the third edition of the Annual Retreat of the Caribbean Civil Society Consultative Groups (ConSOC) at the Hilton Barbados Hotel on May 30 and 31 2013. … [Read more...] about IDB’s Third Annual Retreat of Caribbean Civil Society Groups
Trinidad and Tobago: Energy Market Overview Trinidad and Tobago are the southernmost of the Caribbean islands and are located just seven miles off Venezuela’s north-eastern coast. It is home to a population of 1.32 million people. Trinidad and Tobago’s economy is highly dependent on the energy sector which accounts for 45.3 percent of national GDP (2011), provides 57.5 percent … [Read more...] about Trinidad and Tobago’s Energy Market
Family Islands of The Bahamas like Andros, Bimini, Grand Bahama, Eleuthera, Exuma, Cat Island, Inagua, and Mayaguana tend to have fluctuating economic stability despite their natural beauty and unique attractions. The popular belief among Bahamians is that the necessary foreign investment to build mega-resorts like Atlantis always goes to Nassau, so these economies … [Read more...] about Growing the Tourism Industry in the Bahamas’ Family Islands: A Backpacker’s Market?
Dominican Republic – Energy Matrix & Regulatory Framework With a gross domestic product (measured at PPP) of USD 90 billion and a population of 10.3 million people, the Dominican Republic is the largest economy in the Caribbean and has the largest population after Cuba. Its energy matrix is dominated by the import of fossil fuels as primary sources (crude oil, natural gas … [Read more...] about Dominican Republic’s Energy Market