Barbados gets 'Smart': fund to boost 2030 clean energy drive
March 3, 2021 With the clock running down on Barbados’ goal of total reliance on green energy by 2030, a $90 million investment fund has been launched to kick-start carbon-neutral energy projects, under a partnership of two key donors to this country. The Barbados Sustainable Energy Investment Programme, also known as Smart Fund II is being financed with a $60 million (US$30 million) investment loan from the Inter-American Development Bank (IDB) and a $30 million (US$15 million) investment grant provided by the European Union. The Energy Smart Fund was first introduced towards the...