In 2008, the European Union (EU) and 14 Caribbean countries signed an Economic Partnership Agreement geared towards strengthening trade and investment relations and promoting regional integration between the Parties and CARIFORUM countries. The EU has commissioned a series of sectoral reports to raise awareness on the economic opportunities related to the CARIFORUM-EU EPA to enable the EU private sector to foster valuable business partnerships in the region.
The first sectoral report on Renewable Energy and Other Clean Technologies, which is now available here, highlights several trade and investment opportunities in hydropower, wind, solar, geothermal, and recycling and waste management. An analysis of the benefits of the CARIFORUM-EU EPA for trade and investment in the sector is provided along with an overview of the legal and policy landscape across CARIFORUM, including a description of existing PPAs in the region. The report also underlines the main challenges that investors are likely to face when penetrating the CARIFORUM market. The e-brochure, which summarises the main findings of the report, can be accessed on this link.
This project is implemented by International Economics Consulting Ltd in consortium with GOPA Worldwide Consultants and Policy & Management Consulting Group.