Exploration and production activity across Latin America and the Caribbean will continue recovering in 2021 and could even see rapid acceleration if a COVID-19 vaccine becomes readily and widely available, according to a BNamericas oil and gas outlook report. Brazil, by dint of its sheer size, will likely lead the rebound, helped by the low […]
Sovereign Pacific Capital Ltd., www.sovereignpacific.co, a Singapore based wealth and asset management organization, partners with Possibility Group Ltd., a Caribbean value creation organization, to establish a USD $500M Sovereign Pacific Fund for sustainable investments in St. Kitts & Nevis and the Caribbean region. Sovereign Pacific Fund will be administered and managed by Possibility Capital Inc., www.possibility.capital, a Caribbean wealth and asset management organization. Sovereign Pacific Capital’s focus includes Financial […]
Minister of Science, Energy and Technology, Hon. Daryl Vaz, says that plans are being put in place to procure up to 268 megawatts of electricity generation from renewable sources by 2025. This includes energy from solar and wind technologies, with 70 megawatts from hydro, biomass and waste technologies. “It is my priority to have the […]
The Jamaica Urban Transit Company, JUTC, is a step closer to having a diversified fleet after a near one-year pilot of running some buses on liquefied natural gas, or LNG. General Manager Paul Abrahams says the five buses in the pilot operating out of Portmore depot have proven cost-effective in relation to their maintenance, that […]
CARILEC Successfully Hosts Eight (8) Specialised Utility Update Sessions Throughout the month of November 2020, CARILEC held a series of Specialised Utility Update Sessions which featured several Member Utilities, providing valuable information regarding key functional areas. The Sessions were held using the REMO Platform, a software program which facilitates virtual, conference style events. CARILEC Member […]
Bridgetown, Barbados November 24th, 2020 – The Resilient Environment & Agricultural Caribbean Habitats (REACH) Project welcomes a new scientific partner. The Council for Agricultural Research and Economics of Italy (CREA) has joined the existing consortium and will be leading innovative research activities covering the nexus among disasters, agricultural crops and pest management. CREA is a leading […]
The CARICOM Private Sector Organization (CPSO) and the Caribbean Community (CARICOM), on Thursday 3 December 2020, signed a Memorandum of Understanding, which establishes the legal framework for cooperation and collaboration between the Private Sector and the Community, as mandated by the Conference of Heads of Government of the Caribbean Community. Mr. Gervase Warner, CPSO Chairman, […]
CDF and CCREEE Jointly Launch Facilities to Support the Development and Financing of Sustainable Energy Projects The CARICOM Development Fund (CDF) and the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) today strengthened their partnership when the two regional institutions jointly launched two facilities intended to support sustainable energy projects within the Caribbean Community […]
When crisis strikes, such as a pandemic, the most important thing employers can do is to plan for employee and customer safety and operational continuity. The second most important step is to effectively communicate with employees. Managers must take into account the human aspect of our global crisis, including additional ideas and feedback from employees […]
Energy Experts Discuss Path to Sustainable, Climate-Resilient Future for the Region Under the theme “A RE-silient Community: Energy at the Centre”, CARICOM Energy Month got underway on 2 November with a virtual regional launch in the form of a panel discussion. The 2020 launch was held by the Caribbean Community (CARICOM) Secretariat’s Energy Unit in collaboration with […]