The Caribbean Can Cut Energy Costs With Renewables


Jennifer Baldwin, Research Fellow, Energy and Environment, Multilateral Investment Fund (MIF), Inter-American Development Group.

CaribPR Wire, NEW YORK, NY, Mar. 16, 2012: Caribbean businesses have great potential to cut high energy costs by investing in renewables.

That’s according to Jennifer Baldwin, Research Fellow, Energy and Environment, Multilateral Investment Fund (MIF), Inter-American Development Group, and one of three panelists who will address delegates at the inaugural “Going Green” Invest Caribbean Now Forum, part of this year’s Caribbean Tourism Organization’s 13th annual Sustainable Tourism Conference.

The CTO is partnering with Invest Caribbean Now, the brand founded by Felicia Persaud, the Guyana-born CEO of the New York-based digital media company Hard Beat Communications, to present the inaugural green forum – set for April 18, 2012 from 8:30 to 10 a.m. at the Guyana International Conference Centre, Liliendaal.

“Significant cost savings and new entrepreneurial opportunities can be created if businesses invest in quantifying and managing their environmental impacts,” said Baldwin. “The Multilateral Investment Fund has over 10 years of experience helping tourism businesses in Latin America and the Caribbean to reduce their energy and water use and to increase their stewardship of natural resources. I will share several success stories of businesses that profited from reducing their environmental impact through efficiency, renewables, and building a green brand around conservation. I will also share our newest projects on these topics in the Caribbean.”
Currently, renewable energy provides less than two percent of the Caribbean region’s commercial electricity.

Other presenters of the April 18th forum will include Tony Fiddy, President of the Waste to Energy Division and Regional Vice President for Europe and Africa, Naanovo Energy Inc. who will discuss Naanovo’s focus on helping the Caribbean region move away from fossil-fuels and into alternative energy.

Partnership and exhibitor opportunities to be a part of the historic Green Forum are available by calling 1-646-820-5694 or emailing Joe Bernstein at

To attend STC 13, log on to Partners to date for the April 18th Green Investment forum include One Caribbean Television, CaribPR Wire and News Americas Now.

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