The initiative includes a $20 million finance facility for clean energy projects
During a trip to Jamaica Thursday, President Obama announced various efforts to encourage the development of low-carbon energy sources in the Caribbean. Obama said moving Caribbean countries toward clean energy is a priority in the United States’ relations with those countries.
“This region has some of the highest energy costs in the world,” the president said in a speech to the Caribbean Community, or Caricom, a coalition of the region’s nations.
The initiative includes a $20 million finance facility for clean energy projects in Caribbean and Central American countries, a United States-Caribbean task force and collaborative efforts to lend the United States’ expertise to countries wishing to expand low-carbon energy.
Fact Sheet: U.S.-CARICOM Summit – Deepening Energy Cooperation
“This region has some of the highest energy costs in the world,” the president said in a speech to the Caribbean Community, or Caricom, a coalition of the region’s nations.
The initiative includes a $20 million finance facility for clean energy projects in Caribbean and Central American countries, a United States-Caribbean task force and collaborative efforts to lend the United States’ expertise to countries wishing to expand low-carbon energy.
Fact Sheet: U.S.-CARICOM Summit – Deepening Energy Cooperation
