(World Bank, 2020)
Caribbean countries are investing heavily in infrastructure and establishing public/private partnerships to facilitate renewable energy investment. CARICOM has set a target of 48 percent renewable energy use by 2030. Achieving that goal takes concerted effort and strong partnerships that investors are invited to participate in.
Caribbean countries have also invested in broadband and telecommunications, ensuring that the networks are strong and reliable. This has allowed the Caribbean’s outsourcing sector to expand exponentially. With call centers, technology support companies and back office processing staff able to connect with customers and offices throughout the world, the grid has proven to be an effective tool for global expansion.