CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME

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CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME ( caribbean-renewable-energy-development-programme )

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(Mallon 2006). Within this research study, this clustering will be adjusted to the Caribbean region. Three levels can be defined; the state level for each Caribbean island state, the CARICOM level for all its member states and international level. The next paragraph gives a definition for CARICOM to better understand this aggregation, followed by the definitions of the stakeholders of the solar energy market. In 1958 the West Indies Federation, comprised of ten territories, had the aim of establishing a political union among its members but the Federation collapsed in 1962. So The Caribbean Free Trade Association (CARIFTA) was founded in 1965. CARIFTA was intended to unite economies and to give them a joint presence on the international scene but although a free-trade area had been established, CARIFTA did not provide for the free movement of labor and capital, or the coordination of agricultural, industrial and foreign policies. So it was decided to transform the Caribbean Free Trade Association into a Common Market and to establish the Caribbean Community, of which the Common Market would be an integral part. Thus, in 1973, CARIFTA became the Caribbean Community (CARICOM) and later a single market and economy in which factors move freely as a basis for internationally competitive production of goods and provision of services. Now CARICOM has 15 member states and 5 associate states: Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago (CARICOM 2010). CREDP In 1998, different Caribbean countries agreed to work together under CARICOM and together with UNDP to support the use of renewable energy and thereby foster its development and commercialization. Based on this, the Caribbean Renewable Energy Development Programme (CREDP) was launched with the overall goal of the reduction of the Caribbean region’s dependence on fossil fuels and the contribution to reduce green house gas emissions (CREDP 2009). Governmental Institutions Governments are playing a very important role in renewable energy reforms, implementation and enforcement. They have to keep the whole process running in all three dimensions – economically, environmentally and socially. Because they are the decision-makers, they are responsible for how all other stakeholders are affected (Mallon Implementation of Solar Energy in Developing Countries 13

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