8 June, Basseterre, St Kitts and Nevis – The Honorable Minister responsible for Energy Consumption in the Federation of Saint Christopher (St Kitts) and Nevis, Konris Maynard has commended the Eastern Caribbean Central Bank (ECCB) for taking the lead in the transition toward renewable energy in the Eastern Caribbean Currency Union (ECCU).
Minister Maynard and a delegation, which comprised the Permanent Secretary in the Ministry of Energy, Daryl Lloyd, and representatives of the St Kitts Electricity Company (SKELEC), visited the ECCB Headquarters recently for insights into the operations of the Bank’s Solar Panel Canopy Car Park Project.
The Solar Panel Canopy Car Park Project is one the ECCB’s greening initiatives in keeping with the Bank’s thrust to become carbon neutral in its operations.
In this week’s episode of ECCB Connects, we share excerpts from the delegation’s engagement with the Governor of the ECCB, Timothy N. J. Antoine and Project Specialist, Wayne Myers.
Governor Antoine outlines that one of the objectives of the Bank’s Solar Canopy Car Park is to create an example that other member countries can emulate to encourage a faster transition toward renewable energy within the ECCU region. Governor Antoine adds that the Bank has been engaged in advocating, giving advice and acting as a role model in renewable energy for other institutions throughout the region.
Minister Maynard notes that one of the goals of the Ministry of Energy is to attain 100 per cent energy utilising renewable sources by 2030 and commended the Governor for leading in this area. He says the emergence of the war between Russia and Ukraine has underscored the importance of and need for achieving independence in renewable energy within the region.
In 2022, the ECCB received the Central Banking Green Initiative Award for installing its solar canopy project at the Bank’s headquarters and significantly reducing its carbon footprint.
View the visit and full discussion on the ECCB’s social media platforms, Facebook and YouTube, using the handle ECCB Connects.
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About the Eastern Caribbean Central Bank
The Eastern Caribbean Central Bank (ECCB) was established in October 1983. The ECCB is the Monetary Authority for: Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts) and Nevis, Saint Lucia and Saint Vincent and the Grenadines.