Garfield Econ

Staff Writer

St. Kitts and Nevis, September 4, 2024 – St. Kitts and Nevis (SKN) has initiated a multi-million-dollar project titled “Achieving A Rapid Decarbonization of the Energy Sector in Saint Kitts and Nevis.” The project, dubbed ‘SKN-100,’ aims to hasten the country’s shift to 100 percent renewable electricity and 100 percent high energy efficiency in public buildings within the next three years.

The SKN-100 project is being financed by the Global Environment Facility (GEF), implemented by the United Nations Environment Program (UNEP), and executed by the Barbados-based Caribbean Center for Renewable Energy and Energy Efficiency (CCREEE).

Delivering the keynote address at the official launch of the project recently, the Premier of Nevis, Hon. Mark Brantley, said that decarbonization is not merely an environmental imperative but an economic and social necessity. Noting that the project will help propel the country towards a sustainable future, he said its first stage has already seen the Alexandra Hospital in Nevis installing solar PV, resulting in the healthcare facility using 30 percent less power.

“The adverse effects of climate change pose a significant threat to the stability and prosperity of nations worldwide, particularly small island states like ours. Transitioning to a low-carbon economy is crucial for mitigating these risks, promoting energy independence, and ensuring the long-term health and vitality of our communities. Through this project, we are taking decisive action to address these challenges, setting a precedent for responsible and resilient growth,” he said.

Prime Minister Brantley further highlighted the impact of climate change on the Caribbean region, referring to the recent Category 5 Hurricane Beryl.

He pointed out that a significant portion of the region’s debt is due to the need for continuous borrowing for rebuilding after such climatic events. Therefore, he stressed the need for increased assistance from the developed world, stating, “We are being asked to cash the check that we did not write. We are the ones who have been asked to carry the burden and to rebuild.”

Minister of Public Infrastructure, Energy and Utilities, and Domestic Transport, Hon. Konris Maynard, outlined that the specific vulnerabilities of Small Island Developing States to Climate Change.

“Never before we had a category five hurricane in the Caribbean region at the beginning of July. This is unheard of, and it is scary to think of what the future holds for us. And it is particularly scary because, as mentioned, we do not contribute anything to the changing weather patterns that we have or to the changing climate. Yet, we have to then find 20 to 30 to 40 percent of our social expenditure,” he told the forum.

Adding that just to rebuild every time “we get on a sound footing”, compared to maybe about one percent for many developed countries, the catastrophic events underscore the urgent need for robust Climate action, making initiatives like this “crucial for mitigating impacts and building resilience in our energy sector,” the Minister said.

Through the three-year project, St Kitts and Nevis intends to reduce its carbon footprint by transitioning to renewable energy sources, enhance its energy security and independence, stabilize energy prices, and create new economic opportunities through the development of the sustainable energy sector.