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The Caribbean Development Bank (CDB) has approved US$17 million in financing for a geothermal energy development project in Nevis, which is aimed at reducing electricity costs, reducing carbon emissions and increasing energy security. On&nbs
Friday, December 9, the Bank's board of directors approved grant financing for the project, which will help St Kitts and Nevis drill two geothermal production wells and one injection well. The project aims to build a 10-megawatt geothermal power plant, enough to meet Nevis's electricity needs.
If Caribbean countries are to survive the impacts of climate change, then finding ways to make the money match their needs will be of paramount importance. “It won’t be a rainbow that gets you to the pot of gold, it will be a framework that enables us to unlock the type of financing that we need for the actions that we committed to under the Paris Agreement in terms of …
A young inmate who squirted a liquid cocktail, including urine, at a female prison officer is starting a new sentence just days after his release…
At least 60 micro, small and medium-sized enterprises (MSMEs) in Suriname will benefit from skills and strategies for businesses program