Green Aruba 2015

Green Aruba is an annual conference born in 2010 with the specific aim to place dedicated emphasis on Aruba's energy transition to 100% fuel independence.

Besides showcasing Aruba's progress and challenges to the accelerated penetration of renewables in the total energy mix, Green Aruba also exhibits the experiences and knowledge of other institutions and island nations in this field. Over the past six years, Green Aruba has evolved into a practical and valuable well-known platform within the region for the exchange of information and applied knowledge on sustainable and best practices for the shift to cleaner, more environmentally friendly energy sources and resources.

Green Aruba VI – Share Sustainability

At this year's Green Aruba conference to be held October 27th and 28th, the main theme will focus on sharing sustainability by together confronting the common barriers we face, identifying the solutions moving forward and creating the essential roadmaps to achieve our desired growth paths of the sustainability journey for our island nations.

Aruba has made remarkable progress over the years in the penetration level of renewables and/or efficiency at production level, with in 2015 reaching close to the 20% mark. With the ongoing and upcoming planned projects operational by the end of 2017, the 40% barrier will be surpassed by 2018!

With our goal to reach 100% fuel free energy production by 2020, and in order to surpass the 40% level, it is fundamental to embark on a “deep dive” into our existing energy mix. Aruba is examining cutting-edge technologies and new business models for our utility companies, all in conjunction with our RAS framework, to create a balance between Reliable and Sustainable investments. This balancing act will only be achievable if energy production costs remain Affordable for the customer base.

Local utility stakeholders together with foreign renowned institutions are preparing for this dive known as the Aruba Renewable Integration Study (ARIS), and will present their approach and concept at the upcoming conference. The ARIS will provide models that map out the road forward towards Aruba's aspiring renewable energy goals, while maintaining grid reliability and minimizing overall system costs, and can serve as a prototype or starting point for fellow island nations. More

 

What is holding back the Cayman Islands from implementing more solar and wind energy?

The Caribbean appears to be the ideal location for renewable energy development. Petroleum resources are scarce and renewable resources such as solar, wind and geothermal are plentiful. Energy prices are high as there is no opportunity for economy of scale benefits that large land masses enjoy. Added to that, climate change impacts pose a major threat to the region’s small-island economies that are largely dependent on tourism and agriculture.

Despite this, most Caribbean nations still use imported diesel or oil to generate 90-100% of their energy. So what has been the barrier to using renewables? Many people have pointed to the cost factor. Small economies mean that in most cases countries have difficulty in financing renewable energy projects that require high upfront capital. Also, regulations have been slow in setting clear rules for grid interconnection. These factors have led some international investors and developers to be cautious about entering the Caribbean market. http://bit.ly/1NeB0fj

 

 

Climate Reality Training in Miami with Al Gore

I’m reaching out today on behalf of The Climate Reality Project, an organization started by former Vice President Al Gore focused on creating a global movement calling for action on climate. We have an upcoming training opportunity in Miami, Florida that I believe you and others who follow The Cayman Institute / The Climate War Room will be interested in.

As we are all aware, the time has come for action on climate. On September 28-30 in Miami, The Climate Reality Project and Mr. Gore will be hosting a training for new Climate Reality Leaders to help grow the movement. There has never been a better time to engage your friends and colleagues on this issue. The Miami training will not only provide attendees with cutting edge tools to most effectively communicate climate change to your community but will also enter them into a community of over 8,000 devoted individuals from 126 countries who are committed to using their voices to address the climate crisis.

Our training in Miami will highlight the unique challenges that climate change poses to the state of Florida and what some local governments are already doing to tackle them; Florida’s huge untapped solar energy generating capacity; and the role of the ever strengthening Latino voice and vote in driving climate action. At the training, Mr. Gore, and experts and influencers from across the climate sphere will present in panels, take questions, and host breakout sessions.

We encourage you to recommend outstanding leaders in your personal and professional life who would be well suited for giving presentations and helping to build strong support for action on climate change. They can apply for the Climate Leadership Corps Training here. I’ve also attached a document you can share with your network, which has a little more information about who we are and what the Miami training will cover. The deadline to apply is August 26th, 2015.

Please do not hesitate to reach out if you have any questions!

Warm regards,

Joseph Moran | Program Assistant-Climate Reality Leadership Corps

750 Ninth Street, NW, Suite 520 | Washington, DC 20001

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July 2015 Sustainable Energy Finance Update

1 August 2015: During the month of July, the African Development Bank (AfDB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Global Environment Facility (GEF), the Inter-American Development Bank (IDB) and the World Bank announced sustainable energy project funding and initiatives.


The Asian Development Bank (ADB), AfDB, the European Commission, EIB and the World Bank also released publications on financing and deploying clean energy

The announced sustainable energy initiatives are being implemented in Anguilla, Argentina, Burkina Faso, Cambodia, Chile, Denmark, France, Georgia, Guinea-Bissau, Kenya, Mali, Montenegro, Spain, Turkey, the UK, Ukraine, Uruguay, Zambia and the Middle East and North Africa (MENA) region.


In Argentina, IDB approved US$14.4 million in financing from the GEF for a housing project that integrates energy efficiency and renewable energy to improve the quality of life of residents and reduce greenhouse gas (GHG) emissions. Using renewable energy schemes adapted for each of Argentina's eight bio-climactic zones, 128 prototypes will be built and monitored for a year. US$70.7 million in local funds and a US$1 million IDB technical cooperation grant will also support the project. [IDB Press Release]


In Burkina Faso, AfDB granted €25.35 million from the African Development Fund (ADF) to support the programme for budget support in the energy sector (PASE). The funds will be largely directed to improving the electricity supply for basic social sectors, public services, the private sector and households. The funds are intended to increase reliability and energy access, as just 17.6% of the population currently has access to electricity. [AfDB Press Release]


In Cambodia, the UN Industrial Development Organization (UNIDO) launched a project promoting commercial biogas plants with US$1.5 million in funding from the GEF. The project aims to increase rural electrification and energy access by installing plants with 1.5 MW in cumulative generation capacity and mitigate climate change by avoiding 1.3 megatons carbon dioxide equivalent (MtCO2e) in emissions directly and 3.3 MtCO2e indirectly over 15 years. [UNIDO Press Release]


In Chile, the World Bank Group's International Finance Corporation (IFC) signed an agreement with Banco Consorcio in support of non-conventional renewable energy projects. Under the agreement, IFC will provide a US$60 million credit line to finance, inter alia, small hydropower, biomass, solar, geothermal and wind. [IFC Press Release]


In Denmark, EIB announced the first transaction in the country under the Investment Plan for Europe: up to €75 million in equity-like financing to Copenhagen Infrastructure Partners (CIP) for the Copenhagen Infrastructure II fund. The fund is an “innovative” renewable energy infrastructure fund focusing primarily on newly established greenfield energy-related investments, such as large-scale offshore wind, biomass and transmission projects, in Western and Northern Europe. [EIB Press Release]


In France, EIB undertook its first equity participation under the Investment Plan for Europe, providing €50 million for Capenergie 3, an investment fund dedicated to renewables and managed by Omnes Capital. It is anticipated that the investment will finance 500 MW of generating capacity. [EIB Press Release]


In Georgia, EBRD facilitated the sale of over 400,000 carbon credits from the Enguri Hydro Power Plant to Statkraft, a Norwegian electricity company. EBRD's Carbon Project and Asset Development Facility (CPADF) provided technical assistance for the sales strategy and emissions reductions verification. The project, registered under the Kyoto Protocol's Clean Development Mechanism (CDM), was able to partially recover costs associated with carbon project development through the sale of the credits. [EBRD Press Release]


In Guinea-Bissau, AfDB announced the approval of a €9 million loan and a €7.7 million grant for a three-year programme aimed at reducing daily power outages and increasing electricity access in the capital, Bissau. The funding will connect 10,500 new subscribers to electricity, rehabilitate facilities for 31,000 existing subscribers, improve the efficiency of the system's infrastructure and improve management and governance of the National Electricity and Water Corporation. [AfDB Press Release]


In Kenya, the World Bank's Climate Investment Funds (CIF) approved US$218,000 for the second tranche of the Electricity Modernization Project under the Scaling Up Renewable Energy in Low-Income Countries Program (SREP). The funds are for implementation and supervision services for the project, which is aimed at increasing electricity access and reliability in the country. [CIF Document Page] [Project Proposal]


In Mali, IFC and Scatec Solar announced a partnership to develop the US$55 million Scatec Segou solar power project in cooperation with Africa Power 1. IFC is investing US$12.5 million in the 33-MW plant, in addition to taking on a 20% equity stake in the project company for US$2.5 million. The project will support Mali's goals of increasing the share of electricity generated from renewables and enhancing energy supply and access. [IFC Press Release]


In Montenegro, EBRD is providing a senior secured loan of up to €48.5 million to Krnovo Green Energy, a subsidiary of the French company, Akuo Energy, to develop the country's first commercial wind farm. KfW Development Bank is providing an equivalent loan for the 72-MW plant through its subsidiary, KfW IPEX-Bank. [EBRD Press Release]


In Spain, EIB granted the Spanish company Abengoa a €125 million loan for research, development and innovation (RDI) activities related to, inter alia, advanced electrical systems and renewable energies. The company's RDI programme is focused on clean/green energy and environmental technology breakthroughs that significantly benefit the environment. [EIB Press Release]


In Turkey, EBRD announced US$180 million in financing for mid-sized renewable energy projects, including solar, hydropower, wind, geothermal, waste-to-energy and energy efficiency. The funds, sourced from the Turkey Mid-Size Sustainable Energy Financing Facility (MidSEFF), will be on-lent by Turkey's Garanti Bank and Yapi Kredi Bank to private sector companies. [EBRD Press Release]


Also in Turkey, IFC approved a US$75 million long-term financing package for energy efficiency investments by the Turkish flat glass manufacturer, Trakya Cam. The company will use the funds for improving waste heat recovery and rehabilitating furnaces in plants located in both Turkey and Bulgaria. In addition to significantly reducing costs, the project is expected to cut GHG emissions by over 60,000 tons annually. [IFC Press Release]


In the UK, the National Trust, a conservation charity, revealed plans to invest £30 million in renewable energy projects, including a 200-kilowatt (kW) lake source heating project, two biomass boilers and a 250-kW hydropower project. [National Trust Press Release]


In Ukraine, the Nordic Environment Finance Corporation (NEFCO) signed five grant agreements for five cities in the eastern part of the country to implement energy efficiency measures. The funding is sourced from the NEFCO-administered Nordic Energy Efficiency and Humanitarian Support Initiative (NIU), which focuses on refurbishing municipal buildings and social infrastructure, especially schools, day care centers and health centers, in vulnerable areas of eastern and southern Ukraine. [NEFCO Press Release]


Also in Ukraine, medium and large municipalities will benefit from EIB loans totaling €400 million for 25-40 public infrastructure energy efficiency projects. The funds will be directed to central, regional or local government agencies, public utilities and municipalities by the Ministry of Regional Development, Construction, Housing and Communal Services of Ukraine. EIB's financing will cover up to 50% of total costs, with supplementary financing coming from other international financial institutions (IFIs). [EIB Press Release]


In Uruguay, US$55.7 million in loans from IDB will finance six solar PV plants, totaling 69.9 MW in generating capacity. The IDB-administered China Co-Financing Fund and the Canadian Climate Fund for the Private Sector are co-financing the project with additional loans of US$19.3 million and US$10 million, respectively. Producing an estimated 154.4 gigawatt-hours (GWh) per year, the plants will reduce CO2 emissions by approximately 74,000 tons annually. [IDB Press Release]


In Zambia, IFC signed a memorandum of understanding (MoU) with the Industrial Development Corporation (IDC) of Zambia to explore development of the country's first utility scale PV projects as part of IFC's Scaling Solar programme. The two 50-MW projects would help address a hydropower shortfall caused by low rainfall. [IFC Press Release]


In the MENA region, IFC announced a US$25 million investment for renewable energy projects, especially wind and solar plants. The investment takes the form of equity in Alcazar Energy, which will develop and operate the projects in Africa, the Middle East and Turkey. [IFC Press Release]


On publications, ADB released three volumes in a series on power planning as part of the ADB project ‘Ensuring Sustainability of the Greater Mekong Subregion (GMS) Regional Power Development.' The series explains how strategic environmental assessment contributes to better policymaking in the power sector, how indicators are used to analyze power development plans, and how sustainability assessment and the consideration of wider impacts can affect decisions in power planning. [ADB Press Release, Vol 1] [Integrating Strategic Environmental Assessment into Power Planning] [ADB Press Release, Vol 2] [Identifying Sustainability Indicators of Strategic Environmental Assessment for Power Planning] [ADB Press Release, Vol 3] [How Strategic Environmental Assessment Can Influence Power Development Plans: Comparing Alternative Energy Scenarios for Power Planning in the GMS]


ADB also published a series of three reports on the potential of renewable energy and energy efficiency in the GMS. The publications are part of a study under the ADB project ‘Promoting Renewable Energy, Clean Fuels, and Energy Efficiency in the GMS.' [ADB Press Release, Report 1] [Renewable Energy Developments and Potential for the GMS] [ADB Press Release, Report 2] [Energy Efficiency Developments and Potential Energy Savings in the GMS] [ADB Press Release, Report 3] [Business Models to Realize the Potential of Renewable Energy and Energy Efficiency in the GMS]


AfDB released the Sustainable Energy Fund for Africa (SEFA) annual report, highlighting that it reached US$6.5 million in commitments in its project portfolio in 2014. The report also underscores achievements such as launching the Africa Renewable Energy Fund, distributing enabling environment grants to help attract private sector investment and co-sponsoring the Second West Africa Forum for Clean Energy Financing (WAFCEF-2) business plan competition. [AfDB Press Release] [SEFA 2014 Annual Report]


The European Commission's Joint Research Centre (JRC) issued its 2014 wind status report, finding that wind meets 8% of Europe's electricity demand and predicting a 12% electricity share by 2020. With a focus on the EU, the report outlines the state of the economics, market and technology in the wind sector, with relevant comparisons to other regions. [JRC Press Release] [2014 JRC Wind Status Report]


EIB released an information brief on Africa's energy challenges, describing EIB's financial and technical support for the continent's efforts to build accessible and efficient power generation from sustainable sources. According to the brief, almost 25% of EIB operations in Sub-Saharan Africa and more than 33% in North Africa are dedicated to the renewable energy sector. [EIB Press Release] [Tackling the Energy Challenge in Africa]


EIB also released the annual report of the EU-Africa Infrastructure Trust Fund, which highlights the significant renewable energy investments of the Fund, including €33 million for the Sustainable Energy for All (SE4All) initiative. [EIB Press Release] [EU-Africa Infrastructure Trust Fund 2014 Annual Report]


The World Bank, in partnership with Bank of America Merrill Lynch, the Brazilian Development Bank (BNDES) and the SE4All Finance Committee, published recommendations for increasing the world's investment in clean energy. The report suggests four thematic areas that could collectively mobilize US$120 billion. [World Bank Press Release] [SE4All Press Release] [UN Press Release] [Scaling Up Finance for Sustainable Energy Investments] [IISD RS Story]


The World Bank's Energy Sector Management Assistance Program (ESMAP) conducted wind resource mapping in Tanzania and published the interim results. [Wind Resource Mapping in Tanzania: Candidate Site Identification Report]


The World Bank also released a study highlighting the positive energy access outcomes that can be achieved through energy efficiency measures. The report recommends factoring energy efficiency into development projects, based on an examination of eight recent World Bank projects. [World Bank Press Release] [EA + EE: Enhancing the World Bank's Energy Access Investments Through Energy Efficiency]


On events, IDB hosted an event, titled ‘LAC2025: Water Energy Food and Mining Nexus,' on 6 July 2015. The event considered how resource-related policy decisions today will affect future generations in Latin America and the Caribbean (LAC). Topics ranged from the depletion of aquifers and water pollution to resource rights. [IDB Event Announcement]


The World Bank sponsored an Indian delegation's visit to Brazil to learn about the country's experience in scaling up renewable energy to meet growing demand. As a result of the exchange, the two countries are working toward an MoU to cooperate on matters related to integrating variable renewable energy into the grid. [World Bank Press Release]


Climate finance news and developments outside of the sustainable energy sector are published in IISD RS's monthly Climate Finance Update, available via the Climate Change Policy & Practice portal. [IISD RS Climate Finance Updates]



read more: http://larc.iisd.org/news/july-2015-sustainable-energy-finance-update/


 

 

 

5Cs Wins Energy Globe Award for Renewable Energy and Potable Water Project in Bequia, St Vincent and the Grenadines

The Caribbean Community Climate Change Centre (CCCCC) received the 2015 Energy Globe Award for its renewable energy and potable water work in Saint Vincent and the Grenadines.

The Cayman Islands should be emulating this initiative and moving towards potable water production for Grand Cayman, Cayman Brac and Little Cayman. Editor

Energy Globe, an internationally recognized trademark for sustainability, is one of the most important environmental prizes today with 177 participating countries. The award, which is made from a cross-section of over 1, 500 entries annually, is given in recognition of outstanding performance in terms of energy efficiency, renewable energy and resource conservation.

The CCCCC won the 2015 Energy Globe National Award for the project “Special Programme for Adaptation to Climate Change”. The project was executed on the island of Bequia in Saint Vincent and the Grenadines and focuses on the production and provision of clean drinking water for more than 1,000 people. This is being done through the acquisition and installation of a reverse osmosis desalination plant. The project is deemed highly sustainable as the water input is inexhaustible sea water and the energy used is solar, a renewable, carbon-free source.

The landmark project was also presented by Energy Globe as part of a global online campaign (www.energyglobe.info) on World Environment Day. The campaign ran under the patronage of UNESCO and in cooperation with UNEP and received significant recognition.

“To be honoured with this award is a great recognition of our work for a better environment and motivates us to continue our endeavours in the future,” – Henrik Personn, Renewable Energy Expert, CCCCC

Since completing this key project, we have applied the lessons learned in Belize and on the Grenadian islands of Petite Martinique and Carriacou. Review the poster above to learn more about the progress we are making in Grenada:


 

 

Tufton Wants Laws On Water Harvesting

EFFORTS TO preserve the country’s water reserves must be supplemented by legislation that makes rainwater harvesting compulsory for all housing developments and other such major projects which put a drain on Jamaica’s limited water resources during construction.

Dr Christopher Tufton

That is the recommendation from Dr Christopher Tufton, who told The Gleaner that such legislation is overdue, given Government’s failure to examine and report back on a resolution passed in the Senate March 1, 2013 on legislating rainwater harvesting.

“This is yet another example of a country that gives lip service to sustainable development, while citizens have to experience the hardships from a water crisis each year. We have heard nothing of the resolution since then, and as is customary, we act surprised that we are in another water shortage crisis, even though we have this situation each year,” said the former government minister.

He wants to make it mandatory that developers include in their applications information on how they will harvest and store rainwater for use during the life of the project. The legislation also speaks to the incorporation of features such as guttering on individual buildings, to ensure that water conservation becomes a part the Jamaican culture going forward.

“What it would mean is that one could determine to what extent existing projects could be retrofitted or adjusted. For new projects, however, part of their design should include a rainwater harvesting process. Now, it does add to the cost of construction, but in some countries, they have done things like tax rebates, among other things, to incentivise developers,” Tufton said. “So once construction is done, you could get a tax write-off in a short period of time to keep costs to a minimum.”

Acknowledging that this additional cost might prove a deterrent for some investors, Tufton said one has to look at the much bigger picture of the emotional distress and financial fallout the country is now experiencing. More

 

Cuba and the Cayman Islands Concerns Grow With Prospect of U.S. Presence

Already, American corporations are poised to rush into a country only 90 miles from Florida’s shores.In March, a delegation from the U.S. Agriculture Coalition for Cuba, an agribusiness group that includes Cargill, the National Grain and Feed Association, the National Chicken Council and other companies and organizations, flew to Havana to meet with Cuban officials.

And cruise ship companies and hotel chains like Marriott and Hilton have indicated their enthusiasm. “I can’t stop thinking about it,” Frank Del Rio, chief executive officer of Norwegian Cruise Line Holdings, said in an interview. “Cuba and the cruise industry are just a match made in heaven, waiting to happen. More

The question for the Cayman Islands, who is considering constructing a new cruise ship dock, is how will the opening of Cuba affect cruise traffic to George Town?

I argue that an Economic Study is needed, in addition to the Environmental Impact Assesment (EIA), to analyse the economics of the cruise business to the Cayman Islands as a whole. This study should compare the financial benefits of stay-over tourism, with the extension of Owen Roberts International Airport (ORIA) to 10.000' feet allowing the handling of long-haul direct flights from Europe, East Asia (China, Japan, South Korea) and the Persian Gulf. It may be possible to turn ORIA into the air-hub of the Western Caribbean with Cayman Airways actually turning a profit as a regional carrier. Editor