Approved in 2015, the CARICOM – Sustainable Energy Roadmap and Strategy (C-SERMS) is considered to be a key planning mechanism and communication tool used to establish a link between priorities and renewable energy policy goals of CARICOM Member States. The C-SERMS is intended to guide, encourage and expedite implementation of the sustainable energy aspects of the CARICOM Energy Policy, by providing Member States with joint regional sustainable energy targets and a common, coherent strategy for transitioning to sustainable energy systems.
The major output of the First Phase of C-SERMS (C-SERMS-1) was a Baseline Report and Assessment that provided an overview of the regional energy situation; recommended regional sustainable energy targets for renewable power capacity and energy efficiency in the short (2017), medium (2022), and long (2027) terms and defined pathways to achieve the set targets.
The CARICOM Energy Policy and the C-SERMS recognize the need for, and provide the basis to develop, a coordinated Regional approach to the reduction in energy intensity and increased use of indigenous renewable energy resources within CARICOM. In order to facilitate the coordination of planning among the multiplicity of Regional actors, the C-SERMS Platform was established.
The CSERMS Platform provides an organizational framework for integrated planning among key actors including: the development partner community; financial services sector; academic institutions, civil society; national and regional policy-makers, as well as institutions of the Community.
The Platform is intended to serve as a framework for the multi stakeholder engagement that is necessary to support, where appropriate, regular communication and coordination meetings, which will facilitate the promotion of information sharing, knowledge exchange and collaboration towards the attainment of the C-SERMS targets and objectives. The Platform, as envisioned, could enhance the quality of the decision making process within the sustainable energy sector in the Community.
The Platform operates on the principle of regional ownership, and with respect and mutual accountability among stakeholders. Managed by the CARICOM Secretariat, the Platform connects the Strategy and Policy development process, coordinated by the CARICOM Secretariat, with the implementation process, which will be coordinated by the emerging Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE). The regular operations of the Platform are supported by a Coordination team, which is contracted by the World Bank and jointly reports to the CARICOM Secretariat, through the Programme Manager, Energy.
Baseline Report and Assessment: Main Findings
The major output of the First Phase of C-SERMS (C-SERMS-1) was a Baseline Report and Assessment that provided an overview of the regional energy situation; recommended regional sustainable energy targets for renewable power capacity and energy efficiency in the short (2017), medium (2022), and long (2027) terms and defined pathways to achieve the set targets.Download