|At the Caribbean Renewable Energy Forum (CREF) 2019, over 100 attendees participated in the IRAC. The goal was to collaboratively identify most critical regional resilience challenges, identify the most critical immediate action we must challenge ourselves to accomplish within 12 months, and leverage this action challenge into a collaborative, 12 month stakeholder engagement with follow-up throughout the year.
During the event, the participants found that “the cost to building resilient, and recovery of that cost consumers, while keeping energy prices attractive to investment,” the most urgent obstacle to greater energy resiliency on islands.
Out of the 11 groups, two the two winning solutions proposed were:
- Design a regional blended financial instruments including equity, impact investment, mezzanine and debt as well as a risk mitigation window.
- Distributed, Resiliency Ownership Program (DROP) pilot programme.
Join us in discussing these resilience challenges and solutions, as well as our interactive conversation where we can dive in further.
The agenda will be as follows:
Welcome Remarks and IRAC overview
- Kyle Coulam, Clinton Climate Initiative, 2020 IRAC Participant
- H.G. Chissell, Founder/CEO, Advanced Energy Group
- Martyn Forde, CARILEC
Problem Statement Review
- Allison Jean, Chief Executive Officer, National Utilities Regulatory Commission
- Racquel Moses, Chief Executive Officer, Caribbean Climate-Smart Accelerator
- Keisha Reid, Barbados Ministry of Energy and Water Resources
- Ellsworth Dacon, Director, Energy Unit, St. Vincent and the Grenadines
- Chris Burgess, Director of Projects – Islands Energy Program, Rocky Mountain Institute
We appreciate the support of the Advanced Energy Group, CARILEC, Clinton Foundation, & New Energy Events in making this work possible. We look forward to welcoming you all to the webinar.
The Accelerator Team