Caribbean Energy Chamber
Budget
€10,000
EP Access
0
accredited persons
Staff
4
1.5 FTE
EU Grants
None
Mission & Goals
CEC was established for greater global recognition of the energy challenges faced by the Caribbean and to prioritize affordable net zero energy security for the region. The new pan-Caribbean chamber is a non-profit, non-partisan and independent organization governed by a founding Board for the first three years, with CEC members electing a new Board on an annual basis thereafter. CEC membership will comprise companies and individuals from the Caribbean and around the globe CEC facilitates actions across the Caribbean initially to achieve the triple objectives of energy security, energy affordability and a competitive path to net zero through: - Fostering public engagement and knowledge sharing towards cultivating a culture of energy efficiency and conservation - Convening forums of key regional stakeholders to advance actions
EU Legislative Interests
The objective would be to have information and dialogue on: - EU sustainability initiatives and legislation (Global Gateway programme, Global Climate Change Alliance/GCCA+ and Green Claims Directive amongst others) affecting in particular the energy and tourism sectors, given its importance to Caribbean nations - European Green Deal policy including information on countries and professional organisations that have advanced with the development of methodologies and practices on reporting for carbon pricing in the sectors to be affected by CBAM Regulation 2023/956 and to the CBAM Transitional Implementing Regulation 2023/1773. This information can be used to help the Caribbean adapt and implement the relevant measures for CBAM. CEC is committed to helping the EU-LAC Global Gateway Investment Agenda in identifying green investment opportunities in the Caribbean/Trinidad and Tobago especially around the pillars of a fair green transition and human development. For GCCA/GCCA+, CEC has started work on energy efficiency first in Trinidad & Tobago which is then to be rolled out to the wider Caribbean including the tourism sector as described below. CEC identified that the most efficient way to address energy efficiency was through the Energy Service Company model (ESCO) for: a) Trinidad & Tobago b) Tourism (CTO and CHTA and others) As TT and the Caribbean tourism sector are the two main centres of regional demand for energy they were identified as the key priorities to implement the ESCO model to improve sustainability. For TT stakeholders, CEC convened a roundtable with the following entities in October 2024: - EuroChamTT - NGC / NGC Green - National Energy Company - T&TEC - Ministry of Energy - Ministry of Planning and Development - Point Lisas Energy Assoc – Green Agenda and Sustainability - Private Sector - Energy Dynamics - Republic Bank - University of Trinidad & Tobago - University of West Indies - TT Energy Chamber – Sustainability Committee - Association of Energy Engineers It was agreed to have three workstreams on: - Supply side (this dovetails with GCCA+) - Energy Efficiency Education (this dovetails with Erasmus+) - ESCO (this dovetails with Global Gateway and GCCA+) In addition as the Caribbean tries to pivot to Sustainable Tourism, information on how the indicators for sustainable tourism are measured through the European Tourism Indicators System (ETIS). Understanding whether this could be implemented in the Caribbean given that many of the hotel chains operating in the Caribbean are European.
Communication Activities
CEC is currently working with relevant EU and Caribbean stakeholders to promote and help implement the Erasmus+ 2021-2027 programme for Sustainability particular on: - Erasmus Mundus Joint Masters - Capacity building projects for higher education - Capacity building for vocational education and training To help with the work above, CEC attended virtually the Erasmus+ Cluster Meeting and Contact Making Seminar for Latin America and the Caribbean on 1-2 October 2024. https://caribbeanenergychamber.org/key-priorities-identified-for-cec/ CEC has also spoken to the International Energy Agency (IEA) out of Paris to help develop a sustainability awareness campaign for the region including increased awareness and understanding of the various EU policies and directives that are pertinent to the region.
Interests Represented
Does not represent commercial interests
Member Of
https://caribbeanenergychamber.org/the-cec-roundup-2025/ https://caribbeanenergychamber.org/board-of-directors/?pg=2
Organisation Members
https://caribbeanenergychamber.org/membership/
Additional Information
The Caribbean Energy Chamber (CEC) was formed in early 2024 and is registered as as a non-profit company, pursuant to Section 328(1) of the Companies Act, Cap. 13.01 of the Revised Laws of Saint Lucia. Our financial year is from 1 July to 30 June and as a newly formed entity our first audited year will be for 1 July 2024 to 30 June 2025. Our budget is currently mainly administrative costs (banking and audit fees) and is approximately Eur10,000 per annum which will be covered by membership dues (and donations if required). CEC has a high quality pan-Caribbean board across the sectors and therefore we have been invited to speak and present at various conferences for no attendance costs. Any appropriate travel costs were self funded/donated by the senior Board members themselves but did not exceed Eur10k.
Commissioner Meetings
No recorded meetings with EU commissioners.