All news

NAMA-Training: Caribbean island states and making climate friendly cooling pay off and financeable

01.11.2016 , News :

St. Kitts & Nevis - More than 50 policy makers from 15 Caribbean Islands came together in September to learn about the relevance of the cooling sector to the global environment and energy systems. The participants were made up of officials from government and agencies responsible for energy and finance, project owners and developers, as well as service providers and investors of energy projects.

(opens enlarged image)©GIZ Proklima

The GIZ implemented this workshop on behalf of the IKI-project “Development of NAMAs (Nationally Appropriate Mitigation Actions) for the refrigeration and foam production sectors (RAC&F NAMA)” financed by the BMUB.

This pilot training was the last part of a three folded NAMA training package on the NAMA development in the refrigeration, air conditioning and foam (RAC&F) sector. The training focused mainly on financing and the economic feasibility and cost calculation of cooling systems and their scaling up potential.

The first part of the training specifically concentrated on NAMAs, which are actions under the umbrella of a national governmental initiative to reduce GHG emissions relative to a business-as-usual (BAU) emission scenario. Their design, rationale and financing options in the Caribbean RAC&F sector occupied center stage.

The second part elaborated on investment-grade calculation, analysis and financial modelling of energy efficient projects. Introduction to economic calculations and calculation tools, presentation of marketing and financing options will be, for instance, some of the main components.

The workshops are being hosted by the Caribbean Community (CARICOM) Secretariat in collaboration with the Caribbean Development Bank (CBD) and GIZ, through the Renewable Energy and Energy Efficiency Technical Assistance (REETA) Programme, the Sector Programme Technology Cooperation in the Energy Sector and the IKI-project.