The Recover Better with Sustainable Energy Guide for Caribbean Countries
This sustainable energy guide highlights the opportunities, benefits and enablers that will help leaders guide their countries onto a sustainable long-term development trajectory. Furthermore, delivering sustainable energy for all paves the way for Caribbean countries to recover better while building resilient economies and demonstrating their unwavering commitment to the Paris Agreement.
Investments in sustainable energy have a significant GDP multiplier that will benefit the country and the economy.
- For every US dollar invested in the transition towards renewable energy, an additional 93 US cents of additional GDP growth above business as usual is expected to occur.
- Investing in renewable energy in the Caribbean can produce ~USD 633 million in overall additional GDP impact.
See also: Recover Better series
Note: Caribbean countries for this report are defined as member states of the Caribbean Community (CARICOM): Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago