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Energy efficiency policies in the Caribbean: a manual to guide the discussion

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  • Guerra, Sergio
Abstract
This paper was prepared to guide the first session of the training workshop Introduction to Financial Feasibility Assessment of EE and RE Projects in the Caribbean. It explores two potential reasons that might be hindering the adoption of energy efficiency policies in the Caribbean. The first reason is related to the availability of primary infrastructure. Countries with deficits on their primary infrastructure might not consider energy efficiency policies as a priority for a national discussion. The second reason is debt overhang. In this type of scenario, countries might be dissuaded to conduct new investments since earnings/savings from projects would go directly to debt holders. Having a clear understanding of a country’s macro environment and its competing needs is an important preliminary step before promoting energy efficiency projects.

Suggested Citation

  • Guerra, Sergio, 2016. "Energy efficiency policies in the Caribbean: a manual to guide the discussion," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 40459, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  • Handle: RePEc:ecr:col095:40459
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    File URL: http://repositorio.cepal.org/handle/11362/40459
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Vincent R. Reinhart & Kenneth S. Rogoff, 2012. "Public Debt Overhangs: Advanced-Economy Episodes since 1800," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 69-86, Summer.
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    4. Meredith Fowlie & Michael Greenstone & Catherine Wolfram, 2018. "Do Energy Efficiency Investments Deliver? Evidence from the Weatherization Assistance Program," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(3), pages 1597-1644.
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    7. repec:idb:brikps:82059 is not listed on IDEAS
    8. Lucas W. Davis & Alan Fuchs & Paul Gertler, 2014. "Cash for Coolers: Evaluating a Large-Scale Appliance Replacement Program in Mexico," American Economic Journal: Economic Policy, American Economic Association, vol. 6(4), pages 207-238, November.
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    Cited by:

    1. Flores, Adrián & Hidalgo Arellano, Marcos & Peralta Quesada, Leda, 2017. "Promoting energy efficiency in government transportation systems: A transition roadmap and criteria for a readiness analysis," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 41812, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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