Jamaica Renewable Energy NAMA
From NAMA Database
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Description
| Overview | |
|---|---|
| Sector | Energy |
| Focus area |
(no data)
|
| Type of action | Strategy/Policy |
| Scope | National |
| Stage | Under development |
| Submitted to UNFCCC registry | No |
| Start of initiative | 2014 |
| Financing and support details | |
|---|---|
| Financing status | Seeking financing |
| Total cost | US$ 1.690 mln |
| Financing requested |
(no data)
|
| Financing received to-date |
(no data)
|
| Principal source of financing | Multilateral |
| Principal type of financing | Loan |
| Capacity building required | Yes |
| Technology transfer required | Yes |
| Additional information | |
|---|---|
| Proponent(s) | Ministry of Science, Energy, Technology and Mines (MSTEM) |
| International funder(s) |
(no data)
|
| Organization providing technical support | Latin American Energy Organization (OLADE) |
| Contact |
(no data)
|
Objective:
The objective of the NAMA is to promote the incorporation of renewable energy based generation in Jamaica by assisting in the creation of an enabling environment for the deployment of renewable energy generation technologies such as solar, wind, hydro and biomass in the country.
Activities: (2014 - 2030)
The specific objectives of the NAMA are:
- Facilitate efforts towards the implementation of the Jamaica Vision 2030, through the GHG mitigation associated to renewable energy scaling-up; and contributing to the establishment of the monitoring protocols necessary for tracking the renewable energy climate related mitigation contributions
- Contribute to the streamlining and implementation of key regulations supporting the development of the RE sector in the country, inclusive of a framework of relevant incentives appropriate for the context of the country
- Assist the GoJ in implementing financial instruments and financing facilities that could be supportive of the perceived needs to catalyze investment in RE project development, inclusive of risk mitigation schemes that could assist the private sector investment (mainly local) in RE electricity generation projects
- Assist in removing perceived barriers for RE project development related to permitting required by project developers in order to comply with national and local ordinances
- Provide targeted support for the removal of technical barriers and grid infrastructure deployment that is essential for improving the absorptive capacity of the Jamaica grid to speed the uptake of variable power renewable energy generation.
Impact and MRV
|
| Cumulative GHG reductions: No data available |
|---|
Mitigative capacity:
No information has been provided on mitigative capacity
Co-benefits:
| Social: | * education |
|
| Economic: |
* energy security
|
|
| Environmental: | * reduced emissions |
MRV Framework:
No MRV plan has been defined
