Barbados to host high-level Caribbean forum on energy transition

Photo: IMF Managing Director Kristalina Georgieva warmly greeting Minister in Economic Affairs and Investment Senator Chad Blackman in the Grace Adams Suite, moments after her arrival ahead of the start of a three-day Caribbean High-Level Forum on Managing the Energy Transition (BGIS Photo)

A three-day Caribbean High-Level Forum on managing the energy transition gets underway in Barbados on Tuesday.

The forum is a joint initiative of the Barbados government and the International Monetary Fund (IMF), whose managing director, Kristalina Georgieva, arrived in Barbados on Sunday to participate in the event.

A government statement said that the three-day forum will bring together government ministers, regional central bank governors, private sector stakeholders, academics, and members of civil society to hear various presentations on the green energy transition.

Prime Minister Mia Mottley and the IMF Managing Director will be the main speakers during the opening ceremony on Tuesday.

“Thereafter, there will be presentations and panel discussions covering a range of issues such as Taking Stock of the Macroeconomic Implications of the Green Energy Transition, Achieving a Sustainable and Equitable Green Energy Transition, in which Minister in Finance, Ryan Straughn, will be one of the panellists, and Scaling Up Climate Finance – The Potential of the Private Sector,” the statement added.

It said that Mottley and Georgieva will participate in a panel discussion entitled “How Can the International Community Support the Green Energy Transition? and that “it is expected that at the end of the forum, Barbados and the region would be in a better position to achieve the various targets set to fully transition and implement the various green initiatives”.

BRIDGETOWN, Barbados, Dec 2, CMC –

CMC/af/ir/2024

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