J-CCCP Supports COP 21 & 22 Panel Discussion at the Caribbean Renewable Energy Forum 2016Nov 4, 2016
From October 17-19, five hundred delegates from fifty countries gathered for this year’s Caribbean Renewable Energy Forum (CREF) in Miami, Florida. The Japan-Caribbean Climate Change Partnership (J-CCCP) joined participants at the forum to engage energy stakeholders from around the region in discussions pertaining to renewable energy.
UNDP’s Resident Representative, Stephen O’Malley, moderated a J-CCCP supported panel discussion on the topic ‘COP 21 & 22: The Paris Agreement & the Role of Climate Finance in the Regional Energy Matrix.’ Joining him on the panel were: Permanent Secretary, Sylvester Clauzel, Department of Sustainable Development, St. Lucia; Maria Laura Vinuela of UNFCCC’s Regional Collaboration Centre; Sean Flannery, Redbrow LLC Managing Member and Pierre Langlois, Econoler President.
During the discussion, Maria Laura Vinuela gave an overview of Nationally Determined Contributions (NDCs) while encouraging the private sector to read NDCs and engage in dialogue with policy makers. She further asserted that countries should come together to access finance as the scale of individual projects present as a barrier. This assertion was supported by Pierre Langlois who purported that bundling reduces risk and attracts investors. P.S. Clauzel noted that “St. Lucia’s transition strategy aims to achieve 35% reduction by 2020 with a capacity factor for solar and wind power at twenty and thirty percent respectively.”
CREF also allowed the project to showcase its work via a display booth and facilitated many networking opportunities.