Fuelled by its diversity of culture, people and an abundance of resources and economic opportunities, the Caribbean region is a jewel of exponential untapped possibilities.
This jewel, however, is under threat. Volatile global oil prices, exorbitant oil import bills, electricity tariffs, and a growing vulnerability to natural hazards have left many countries in the region afflicted with limited economic growth, high levels of indebtedness, and dwindling household expenditure.
Recognising the importance of energy to the sustainable growth and development of Caribbean countries, and the potential benefits of a coordinated regional approach to the common energy challenges, CARICOM Member States embarked on a new low-carbon development pathway to ensure a sustainable future for its people.
In 2013, Member States adopted the CARICOM Energy Policy (CEP), and subsequently adopted the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) in 2015.
In October 2016, the CARIFORUM Directorate and the European Union (EU), under the 11th European Development Fund (EDF), signed a financing agreement which brought the Technical Assistance Programme for Sustainable Energy in the Caribbean (TAPSEC) into effect.
Implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in collaboration with the CARICOM Secretariat, the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE), and the Ministry of Energy and Mines in the Dominican Republic, TAPSEC’s mission is geared towards ensuring that all CARIFORUM citizens have access to modern, clean and reliable energy supplies at affordable and stable prices.
Through collaboration and strategic interventions within the thematic areas of Policy, Information and Capacity Building, and Finance, our team supports the implementation of the CARICOM Energy Policy (CEP), the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) and the various national energy policies and strategies of Caribbean countries.
TAPSEC is funded by the European Union to the sum of € 9.0 million with the additional financial support of € 1.5 million from the German Federal Ministry of Economic Cooperation and Development.