Caribbean islands are in many ways ideal markets for electric vehicles, and several Caribbean jurisdictions have made significant advances in promoting electric mobility. Examining five case studies—Barbados, Bermuda, Cayman Islands, Jamaica, and the Dominican Republic—this report identifies the key challenges and recommends actions that Caribbean governments and other stakeholders can take to stimulate EV adoption.
Electric mobility is gaining ground globally as technology costs fall, awareness is improved, and policies are increasingly aligned with environmental goals. Caribbean nations are well positioned to reap the benefits of electric mobility, concluded panelists at an event hosted by the Inter-American Dialogue and New Energy Events, in collaboration with the Inter-American Development Bank and the Organization of American States.
On November 14, the Inter-American Dialogue partnered with the Inter-American Development Bank to host an event titled Institutions for Development: What Lies Ahead in the Caribbean?
On January 30, the Inter-American Dialogue and International Monetary Fund (IMF) hosted an event to discuss the findings of a recently published book, Unleashing Growth and Strengthening Resilience in the Caribbean (November 2017). This event was moderated by Manuel Orozco with panelists Joyce Wong, Sebastian Acevedo and Daniel P. Erikson. The panel discussed the roles that structural transformation, natural disasters, and fiscal policy have on unleashing future growth in the region.