German Government and Caricom to extend joint Renewable Energy and Energy Efficiency Technical Assistance programme

Press Release

99c3ee2d-1e7c-40bc-92db-ac439e91ba56PRESS RELEASE – On March 9 2016 the German Government and the Caribbean Community have agreed to extend their joint programme, “Renewable Energy and Energy Efficiency Technical Assistance (REETA)”.

The REETA Programme aims at strengthening, at the regional and national level, sustainable development within the Caribbean Community through the increased use of renewable energy technologies and increased energy efficiency in the building sector.

Under this new phase of the German-Caribbean cooperation, the German Government is providing 3 Million Euros to support the institutional and technical requirements for improving the financing environment for sustainable energy projects within the Region.

The latest contribution brings to 8,02 Million Euros, the total support by the German Government under the REETA Programme.

REETA builds on the foundation of the CREDP Project, which has been implemented by GIZ between 2003 until 2016, and is based in Guyana at the CARICOM Secretariat. The programme focusses on five priority areas including policy, private sector development and participation, regional model projects, financing of energy infrastructure and capacity development.

 

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