Caribbean Export 2021 Annual Report FINAL

SUSTAINABLE DEVELOPMENT – GOING GREEN IN THE CARIBBEAN

Caribbean countries recognise that it is strategically advantageous to embrace the new economy offered by low carbon industries and sectors in light of the generally high fuel import bills experienced across the region. With some of the highest electricity prices in the world, it has translated into uncompetitive exports, exposure to external economic shocks and volatility in oil prices. Considering this, Caribbean Export’s role in export development and promotion, as well as investment promotion, is driven by the need to create sustainable industries that not only contribute to increased foreign exchange and economic development, but also take into consideration environmental impact.Caribbean Export understands having

Building Business, Transforming Lives for a Resilient Caribbean | Annual Results Report - 2021 24