The Renewable Energy Industry in CARIFORUM Countries

COUNTRY INDICATOR ANALYSIS

TRANSPORTATION

CONSTRUCTION

ENVIRONMENT

AGRICULTURE

MANUFACTURING

TOURISM

WATER

WASTE MANAGEMENT

DOMESTIC SECTOR

INDUSTRIAL & COMMERCIAL SECTOR

Figure 4.11 | Renewable Energy Sector with Economic Linkages

These economic linkages are all understandable and obvious in several of the countries included in this study. Some countries have articulated specific goals of connecting other sectors to the RE industry, while other have not yet identified these linkages, nor have they synchronized their plans to develop other sectors in tandem with renewable energy. Some linkages may also be more critical to one country that another. The following sections explore these linkages and how they may benefit the RECs and MSMEs. It must be noted that while some regional institutions and funding agencies like to see projects

that explore the cross linkages with RE and EE, this does not prequalify or establish any preferential treatment for projects outside of their set criteria. For example, 5Cs and GCF focus on actions related to climate change but do not favour a sector. Other funders like the European Delegation look for an alignment between projects and governments’ strategic plans. Overall, there is support for the cross linkages without discrimination.

The Renewable Energy Industry in CARIFORUM Countries

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