Energy

Small island states and territories are heavily dependent on expensive imported fossil fuels for their energy needs and find themselves highly exposed to oil price volatility, which can divert resources from other much-needed areas and so paralyse development. It is essential that such barriers to change are identified and these impediments removed, thereby catalysing an island energy revolution which will bring with it manifold positive economic, social and environmental impacts.

Fortunately, international pressure and pertinent partnerships are beginning to bear fruit. In this way, island energy initiatives, such as those related to wind, solar, geothermal and ocean energy, are now constituting something of sufficient commercial interest to attract private sector backing, without leaving host nations financially in thrall to such investors.