Guyana, along with St. Lucia and Grenada, is pursuing funding from the World Bank to implement the Caribbean Efficient and Green Buildings Programme with support from the OECS Commission. The 5-year Programme is structured as a regional Series of Projects (S.o.P) designed to address common challenges faced by the energy sector of Caribbean countries. The main objectives are to enhance the efficiency of energy use in public buildings and increase the renewable energy supply for public buildings in Caribbean Countries.

The Caribbean Efficient and Green-Energy Buildings Project is the first proposed project in the series commencing with Grenada, Saint Lucia and Guyana.  The World Bank will support Grenada’s Ministry of Climate Resilience, the Environment and Renewable Energy, Saint Lucia’s Ministry of Infrastructure, Ports, Transport, Physical Development and Urban Renewal and Guyana’s Energy Agency (GEA) in implementing the Project.

The Project is expected to commence in 2024 and comprises three (3) main components:

  1. Component 1 of the project aims to promote investments in energy efficiency (EE) measures and distributed renewable energy (DRE) systems installed on rooftops or in public spaces for public buildings. The activities under this component are expected to include EE retrofits and DRE systems in public buildings, specifically:
  2. Technical assistance for identification, design, construction, and operation phases;
  3. Investments in passive and active energy efficiency measures (including improvements in building control systems), DRE systems, solar water heater systems, battery storage and safe disposal of used equipment and materials; and
  4. Capacity building to integrate and manage DRE and develop modern energy-management systems.
  • Component 2 supports regulatory framework development, such as technical assistance for developing the institutional and regulatory framework to support energy efficiency and renewable energy investments, market development, and capacity to implement the investments at regional and national levels. This component is expected to support women in the energy sector. 
  • Component 3 includes project implementation support, pipeline development, and capacity-building. This component is expected to support national and regional project implementation units (PIUs) in managing and implementing the Project and associated activities. The regional PIU is expected to provide support to build investment pipelines in the region for the next projects in the series, as well as capacity development of participating regional institutions and regional knowledge-sharing events and forums.

The GEA has completed energy audits at an initial thirteen (13) public buildings to identify energy efficiency and renewable energy measures and will next present the findings to the various stakeholders.