Transitioning to a Green-Political Economy in Small States

sandy-island-grenadines
Sandy Island, Grenadines. Photograph: © SAF — Coastal Care

Excerpts;

Most Caribbean countries are famous for their sun, sand and warm sea breezes. Far fewer are known for their wide use of solar, wind and other forms of renewable energy.

It is one of the failings of the region, which is characterised by high external debt, soaring energy costs, inequality, poverty and a lack of human capital…

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Policy uncertainty and plummeting solar prices led to a 14-percent decrease in investment in renewable energy in 2013, according to a report released Monday. Investment fell across the globe, even in high growth regions like China, India and Brazil. But it was severe cuts in Europe, until recently a pace-setter for the rest of the world, that marked the retrenchment…

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