KINGSTON, Jamaica – The regional think tank, Caribbean Policy Research Institute (CaPRI), is urging Caribbean governments to diversify the incentives being offered in the renewable energy market.
Presenting an update on its renewable-energy research that it expects will influence policies and inform potential investors on the way forward in the sector, CaPRI's renewable energy programme manager, Dr Suzanne Shaw, said the research has revealed that the region should be aiming for greater diversification of incentives in the renewable energy market.
Shaw said though there were incentives dedicated to renewable energies, many of them were tax incentives.