Barbados not only has ambitious plans to become the first carbon-free small island developing state by 2030, but also intends to become an export leader of clean-tech products and services to the Caribbean and beyond.
The Barbados government has received considerable funding from international sources to establish BLOOM, the Caribbean’s first clean-tech project.
Created as public-private partnership, the project provides shared resources and services for companies and academia to work on joint projects, solutions and marketing. It is hosted by the Barbados Investment and Development Corporation (BIDC), under the supervision of the Ministry of International Business and Industry.
Mark Hill, CEO of BIDC, said: “We can build on the success of the Barbadian solar-thermal industry, which has its origins in the 1970s. Solar thermal water heating reaches over 55,000 consumers today, saving thousands of barrels of oil and CO2 emissions each year.
“Under the common BLOOM label, we will upgrade existing industry and create new ones, tapping into new technologies and business models, including electric mobility, battery storage, green hydrogen, ocean energy, efficient appliances, waste recycling, bioenergy and the circular economy.”