The 11th European Development Fund (EDF) Technical Assistance Programme for Sustainable Energy in the Caribbean (TAPSEC), came into effect with the signing of a Financing Agreement between the CARIFORUM Directorate and the European Union (EU) in October 2016.
The programme is being implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) – on behalf of the EU – in collaboration with several key regional institutions, including the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE), the CARICOM Secretariat, and the Ministry of Energy and Mines in the Dominican Republic.
TAPSEC is a direct response to Focal Area 2 of the Caribbean Regional Indicative Programme (CRIP), which focuses on Climate Change, Disaster Management, Environment, and Sustainable Energy, and addresses the sustainable development of CARIFORUM countries.
The overall objective of TAPSEC is to support the implementation of the CARICOM Energy Policy (CEP) and the Caribbean Sustainable Energy Roadmap and Strategy (C SERMS), as well as the various national policies and strategies on energy for CARIFORUM Member States (including the ‘National Energy Policy’ and the Sustainable Energy Strategy for the Dominican Republic).
More specifically, TAPSEC seeks to achieve the following:
- The effective implementation of the CARICOM Energy Policy (CEP), the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS), and the National Renewable Energy Policy and Strategy of the Dominican Republic, through the optimization of regional synergies; and
- The access of all CARIFORUM citizens to modern, clean and reliable energy supplies at affordable and stable prices, through improved energy efficiency and a significantly increased share of local and regional renewable energy sources.
To this end, TAPSEC is expected to produce results in the following three (3) thematic areas:
- Policy: The implementation of regulatory frameworks that enable renewable energy development and energy efficiency at the national level of the Member States is supported, as best as possible, through a collective, regional approach;
- Information and Capacity: The Region’s energy information network is improved. Also, the individual, collective and institutional capacity for delivering technical solutions among key players in the renewable energy and energy efficiency field (e.g. project owners and developers, financiers, engineers and technicians, policymakers, and planners) is strengthened; and
- Finance: Innovative financing mechanisms for renewable energy projects and businesses are identified and their accessibility for local and regional RE/EE project developers is supported.
For the purpose of TAPSEC, the Information and Capacity Components have been merged.