The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant of USD 231,630 to the Government of Grenada to build its capacity for planning and implementation of its geothermal energy development roadmap.
The resources are from the Global Environment Facility through the Inter-American Development Bank's Sustainable Energy Facility for the Eastern Caribbean with the CDB.
Tessa Williams-Robertson, Head of the Renewable Energy / Energy Efficiency Unit, CDB noted: “The grant will enhance the Government of Grenada’s own capacity to move realisation of its geothermal energy potential to the next level. Under CDB’s GeoSmart Initiative, appropriate resources have been mobilised and CDB is working with development partners to assist Eastern Caribbean countries in developing geothermal energy where the potential exists.”
