Business Plan for the Financing of the National Financing Mechanism for RE/EE for a Sustainable Energy Sector in SIDS

The project was launched under the sponsorship of SIDSDOCK, a coalition of thirty countries and as a follow-up to a May 2012 discussion of the need for such a financing mechanism based on a slideshow presented at a meeting in Barbados and a concept paper titled, "National Financing and Carbon Market Access Mechanism(s) for Small Island Developing States." The 30 Members of SIDSDOCK include, in the Pacific Ocean: Cook Islands, Federated States of Micronesia, Fiji, Independent State of Samoa, Kingdom of Tonga, Kiribati, Nauru, Republic of the Marshall Islands, Republic of Palau, Republic of Vanuatu, Solomon Islands, and Tuvalu; in the Caribbean: Antigua and Barbuda, Commonwealth of the Bahamas, Barbados, Belize, Commonwealth of Dominica, Dominican Republic, Grenada, Jamaica, Republic of Suriname, Republic of Trinidad and Tobago, St. Christopher (St. Kitts) and Nevis, St. Lucia, and St. Vincent and the Grenadines; in the Atlantic and Indian Oceans: Democratic Republic of São Tomé and Príncipe, Republic of Cape Verde, Republic of Maldives, Republic of Mauritius, and the Republic of the Seychelles. 

The Capstone team was tasked to examine the potential for creating a financing mechanism to serve the low carbon financing needs of small island states.