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April 12, 2017

Signing of the Agreement for the implementation of the "Project to Promote Energy Efficiency in Caribbean Countries"

Jamaica relies on imported fossil fuel resource, which is affected by fluctuations in crude oil prices and exchange rates. Therefore, the focus on and demand for renewable energy is raised nowadays. Energy Intensity Index, which measures energy efficiency, is severely above the world average. So reducing energy consumption by promoting energy efficiency, and reducing the rate of imported fossil fuel resources by introducing renewable energy sources, are a challenge to ensure energy security.

The Jamaican government plans "Energy security and energy conservation" as one of the 15 outcomes to be achieved under the Vision 2030, which is the national development plan. They have set the target proportion of renewable energy to 20% by 2030 from 5% in 2008, and to save energy they set a goal to reduce Energy Intensity Index to 6,000 BTU / US dollars by 2030. They are promoting it according to the National Energy Policy (2009 - 2030).

This Technical Cooperation Project was based on the first Japan-CARICOM Summit Meeting held in July 2014. When Prime Minister Abe visited Jamaica in September 2015, he announced that Japan decided to extend this project to Jamaica and three other CARICOM Member States in the field of energy efficiency and renewable energy, which is one of the highest priority areas of cooperation requested by CARICOM Member States. Since then details of the project had been formulated.

PhotoSigning Ceremony

In Jamaica on April 12, 2017, the signing ceremony for the agreement (Record of Discussions: R/D) on the implementation of the "Project to Promote Energy Efficiency in Caribbean Countries" was held. The signer for the Government of Jamaica was the Finance Minister, Hon. Audley Shaw and for the JICA side was Resident Representative, Mr. Kenji Tobita, which was witnessed by the Ambassador of Japan to Jamaica, H.E. Masanori Nakano. Japan will cooperate in improving energy security through the introduction of renewable energy and promotion of energy efficiency to Jamaica and the other three CARICOM countries for three years.

This project will also contribute to achieving Sustainable Development Goals (SDGs) Goal#7 "Affordable and Clean Energy" and Goal#13 "Climate Action" set by the United Nations.


PhotoProject Overall Structure

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