Turks and Caicos sign green energy agreement

“With the addition of Turks and Caicos, the Ten Island Challenge continues to expand its efforts to transform Caribbean economies and help the region achieve independence from fossil fuels,” says Sir Richard Branson, founder of the global non-profit Carbon War Room and Virgin.

The Ten Island Challenge is driven by the Carbon War Room and partner Rocky Mountain Institute. As part of the Smart Island Economies Operation, the Ten Island Challenge aims to speed up the adoption of green business solutions and advance the low-carbon economy.

The abundance of natural energy resources in the Caribbean is currently going to waste, as the systems required to exploit these natural resources have not yet been implemented efficiently. The Ten Island Challenge is designed to address this.

“Solving the energy challenge and the marine conservation challenge in the Caribbean go hand-in-hand,” says Branson. By boosting commercial investment in the production and efficiency of renewable energy, the Ten Island Challenge hopes to benefit the economy and environment in all participating territories.

The Carbon War Room is currently accepting investment proposals for firms involved in all disciplines of renewable energy, including solar, hydro, wind, geothermal and waste-to-energy.