Thursday, September 19, 2024
spot_img
spot_img
HomeNewsCaribbean NewsCDB approves USD 5M grant to improve access to electricity in rural...

CDB approves USD 5M grant to improve access to electricity in rural Haiti

BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB/the Bank) has approved a USD 5 million grant to fund a transformative initiative aimed at improving access to electricity for several rural communities in Haiti, where residents currently rely on candles, kerosene, dry wood, and charcoal for lighting and cooking.

The CDB First Power (Rural Electrification Mini-Grid) – Haiti Project is a key component of the Haitian Programme of Access to Solar Energy for Rural Communities. It involves the operationalisation of previously constructed energy mini-grids designed to function independently of the main grid. Key activities include expanding the low-voltage distribution network, connecting customers, procuring a competent operator, implementing a viable business model, and integrating a Gender Policy and Action Plan for the Energy Sector in Haiti.

Currently, only 40 percent of Haiti’s 10.7 million inhabitants have access to electricity, with just 10 percent of the rural population having reliable energy sources. This initiative marks a significant step towards achieving the government of Haiti’s long-term goal of providing reliable, modern, and affordable energy to all its citizens by 2030.

The project builds on the Rural Electrification and Women’s Empowerment initiative, jointly executed by the Government of Haiti and the United Nations Development Programme (UNDP), with financial contributions from the Government of Japan and UNDP. CDB’s investment accounts for 43 percent of the total project cost of USD 11.73 million, with the remaining USD 6.73 million provided by the Haitian government.

CDB Sustainable Energy Specialist, Charmaine Gill-Evans, emphasised that this effort is in keeping with the Bank’s mandate to promote a just energy transition in the Caribbean and represents a significant advancement in addressing the energy needs of Haiti’s underserved rural areas.

“This initiative is both critical and timely, given the importance of electricity in improving lives and livelihoods. It is well-positioned to benefit rural populations, support CDB’s mission to provide affordable, clean, sustainable, reliable, and renewable energy to our client countries, and contribute to the broader goal of promoting sustainable development and climate resilience in the region,” said Gill-Evans, adding that the effort underscores CDB’s commitment to “Partnerships for Resilient Prosperity,” the theme of its 54th annual meeting held in Ottawa, Canada, in June.

Previously, CDB provided grant funding for initiatives in Haiti, which included training on developing Geospatial Information System maps and creating mini-grid specifications for integration into future Requests for Proposals.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

St Lucia’s parliament passed insolvency legislation 10 years later

Drafting of the Insolvency Legislation began in 2014 and has undergone many iterations and stakeholder engagements. “This legislation is necessary because it will...

Global News

VIS2024 highlights need for collaboration between island stakeholders, governments ahead of COP29

THE CARIBBEAN - Decision-makers from the world’s islands alongside expert stakeholders from civil society, academia, and the private sector have highlighted the outsized impact...