Trinidad and Tobago (TT) has the chance of accessing up to €800 million in regional European Union (EU) funding for investments in environmental and climate change initiatives. Camille Robinson-Regis, TT Planning and Development Minister, at a meeting with EU Delegation Ambassador Peter Cavendish said they agreed “to continue collaborating to aggressively explore funding and technical assistance from the regional fund to develop projects aimed at enhancing TT’s green economy, the digital economy, water resources, revitalising the cocoa industry and innovation.”
“Green hydrogen, dubbed the fuel of the future, is one of the major areas for active exploration by this government as part of global transition to sustainable energy and net zero emissions economies”, she added, “therefore the work started with the EU in this regard will help to meet TT’s energy transition goals.”
The new framework of cooperation between the European Union and its Partners, 2021 to 2027: Neighbourhood, Development and International Cooperation Instrument (NDICI), focuses on supporting Latin American and Caribbean countries finance projects in key sectors that are essential for the achievement of the Sustainable Development Goals, such as sustainable energy, environment, water, transport, inclusive social services, and support to small and medium-sized enterprises (SMEs).
TT also benefits from two major EU GCCA+ Projects, €2.4 million project which has awarded solar photovoltaic (PV) solar panels to 12 recipients, and the installation of a €4 million commercial-scale solar-panel system, via a solar park, at Piarco International Airport with an annual generation capacity of 1,443,830 Kilowatt hours (kWh).
Trinidad and Tobago news outlet report the story with articles and podcasts
Read the articles
- Ministry: T&T eligible to access €800 million via EU regional fund
- Planning Minister: Trinidad and Tobago can access Euros from 800m fund