The Inter-American Development Bank (IDB) representative, speaking at the Third Forum on Donor Coordination and Aid Effectiveness hosted by the CARICOM Secretariat in Georgetown, Guyana on 31 July 2013, hailed the establishment of the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) framework by the CARICOM Secretariat as an international best practice.
The C-SERMS seeks to provide a planning, management and implementation framework for the renewable energy and energy efficiency dimensions of the Regional Energy Policy utilising an evidenced based approach, while also seeking to ensure that a more sustained regional focus is taken towards the development of RE and EE in CARICOM. RE and EE development are key dimensions for countries seeking to transition their energy systems to being more secure and sustainable. This applies to all countries of the Community and can in the long run address issues such as, affordable and stable energy costs, over dependence on imported fuels, sustainability of supplies, and increased energy access.
