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  • Request To Ambassador Irwin Larocque Secretary-General of The Caribbean Community

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    The Caribbean 2030 Leaders Network is a regional organization supported by the Caribbean Policy Research Institute and UK Foreign Office that aims to promote sustainability and resilience in the Caribbean. The Network's Green Growth Subcommittee is working to remove tariffs on renewable energy equipment that hinder green growth. They have requested that tariffs on renewable energy equipment be removed on a Most Favoured Nation basis, as they believe the short-term loss in tax revenue will be outweighed by long-term savings on foreign exchange and electricity costs as renewable energy use grows in the Caribbean. They are seeking support to ensure the Caribbean builds back better and becomes the first climate-smart region.

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    request to ambassador irwin larocque secretary-general of the caribbean community

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    The Caribbean 2030 Leaders Network is a regional organization supported by the Caribbean Policy Research Institute and UK Foreign Office that aims to promote sustainability and resilience in the Caribbean. The Network's Green Growth Subcommittee is working to remove tariffs on renewable energy equipment that hinder green growth. They have requested that tariffs on renewable energy equipment be removed on a Most Favoured Nation basis, as they believe the short-term loss in tax revenue will be outweighed by long-term savings on foreign exchange and electricity costs as renewable energy use grows in the Caribbean. They are seeking support to ensure the Caribbean builds back better and becomes the first climate-smart region.

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    47 views1 page

    Request To Ambassador Irwin Larocque Secretary-General of The Caribbean Community

    Uploaded by

    api-406750781
    The Caribbean 2030 Leaders Network is a regional organization supported by the Caribbean Policy Research Institute and UK Foreign Office that aims to promote sustainability and resilience in the Caribbean. The Network's Green Growth Subcommittee is working to remove tariffs on renewable energy equipment that hinder green growth. They have requested that tariffs on renewable energy equipment be removed on a Most Favoured Nation basis, as they believe the short-term loss in tax revenue will be outweighed by long-term savings on foreign exchange and electricity costs as renewable energy use grows in the Caribbean. They are seeking support to ensure the Caribbean builds back better and becomes the first climate-smart region.

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    23rd February, 2018

    Dear Mr La Roque,

    The Caribbean 2030 Leaders Network (the ‘Network') is a regional ‘do-tank’ (rather than
    a think-tank), supported and sponsored by the Caribbean Policy Research Institute
    (CAPRI) in Jamaica, and the U.K. Foreign and Commonwealth Office. The Network is a
    team of talented and passionate volunteers who are dedicated to the Caribbean's
    transformation towards sustainability and resilience, through various initiatives.

    The Green Growth Subcommittee of the Network has embarked on an ambitious agenda
    to aid governments that wish to remove perverse (dis)incentives that hinder 'Green
    Growth' in the Caribbean. One of these perverse (dis)incentives is the customs/excise
    duties applied to renewable energy generation equipment and its components. We are
    aware that many of these tariffs are due to be removed within the next three years under
    the CARIFORUM – EU Economic Partnership Agreement. We would like to request that
    the tariffs be removed from renewable energy equipment on a Most Favoured Nation
    basis.

    We believe that the associated tax revenue foregone in the short term, will be relatively
    immaterial versus the longer-term savings of valuable foreign exchange, and the cost
    savings on electricity generation over time, as the proportion of the energy needs of
    CARICOM Member States met by renewable sources grows. If you are in agreement
    with this idea, we would be pleased to supply you with a specific listing of the relevant
    renewable energy generation components that are being unnecessarily dis-incentivized
    by customs/excise duties within the region.

    We look forward to your support in ensuring that we not only #BuildBackBetter in the
    Caribbean but that we truly become the first Climate Smart region in the world. Our very
    survival depends on this.

    Yours in partnership,

    Johanna Edghill, Barbados


    Keron Niles, Trinidad & Tobago
    Marla Dukharan, Trinidad & Tobago
    Chene Redwood, Jamaica

    Enquiries about the programme and general enquiries to:


    Dr. Damien King
    Executive Director at the Caribbean Policy Research Institute
    T: +1876 979 6014
    E: dking@capricaribbean.org

    Robin Hart, Senior Programme Director, Peace and Prosperity


    T: +44 (0) 1903 817759
    E: robin.hart@wiltonpark.org.uk

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