The Renewable Energy Industry in CARIFORUM Countries

COUNTRY INDICATOR ANALYSIS

TOURISM % GDP CONTRIBUTION

10% 15% 20% 25% 30% 35% 40% 45%

0% 5%

Haiti

Belize*

Jamaica

Guyana*

St. Lucia

Grenada

Bahamas

Barbados

Dominica

Suriname*

St. Vincent &

St. Kitts & Nevis

the Grenadines*

Trinidad & Tobago

Antigua & Barbuda

Dominican Republic

* Countries in South or Central America Figure 4.12 | GDP Contributions from Direct and Indirect Tourism

Besides a high level of service, the sustained success of the traditional tourism products also depends on marine and coastal resources, air and water quality, all of which have been compromised by fossil fuel use amongst other factors. This is supported by the implementation of energy conservation and efficiency, and the promotion of renewable energy. Business and leisure tourists are becoming more sensitive to environmental issues and are factoring in the mitigation efforts and progress of countries when they plan their vacation destination. Key goals for implementations are:

• Energy efficiency in hotel properties (lighting/AC/etc.) • Use of solar water heaters for guest and property use • Generation of electricity from renewable energy • Compliance with efficiency building standards

Interventions in this sector do not represent new work to be done in countries apart from their RE and EE plans. It provides an opportunity to focus efforts and resources on two critical sectors at the same time expecting compounded benefits from clear synergies; expanding revenues from more eco-friendly properties and lowering operating costs from cheaper more efficient energy consumption. Even though not quantified in this study, these interventions will engage the services of the RECs to their own benefit and to the MSMEs directly and indirectly involved in the tourism industry.

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The Renewable Energy Industry in CARIFORUM Countries