Skip to main content

Trinidad and Tobago-Private Investment Mobilization Training Program

  • Published on January 15, 2021
With only 10 years left to achieve a 15% reduction in overall emissions as set out in Trinidad and Tobago’s Nationally Determined Contribution (NDC), this training programme is being developed by the Ministry of Planning and Development through its Multilateral Environmental Agreements Unit (MEAU) in partnership with the Centre for Climate Strategies (CCS) based in Washington DC, the United Nations Development Programme (UNDP) and the Open Campus of the University of the West Indies (UWI).
The Private Investment Mobilization Training Programme is aimed at building capacity to develop and implement smart, shared solutions to climate change, economic development, social equity, and sustainability. This Programme is especially geared to the public and private sectors of Trinidad and Tobago to mobilize private investments for low carbon actions. The Program, in its initial offering will be free to selected stakeholders from the public and private sectors, and is being delivered virtually through six (6) webinars over a six-month period, with the first session held on October 14, 2020. After the initial offering, the program will be transferred to the Open Campus of the University of the West Indies (UWI) for sustained administering. The Programme provides certificate based instruction to a multi-stakeholder group of energy and infrastructure business leaders, government officials, financial institution representatives, policy advisors, and academics in Trinidad and Tobago. Through 'learning by doing' interactive activities and tool development, the curriculum builds capacity for the integration and re-configuration of low-carbon development (LCD) and Private Investment Mobilization This is to be accomplished through strategy review and investigation towards the transformation of LCD technologies and practices into actionable and financeable outputs such as new products, revenue mechanisms and blended financial mechanisms. The outcome of which would be adoption at full market scale. It is to be noted that Trinidad and Tobago has committed to achieve a reduction in the objective in overall emissions from the power generation, transportation, and industrial sectors by 15% by 2030 from a business-as-usual baseline. The Training Program therefore represents a unique opportunity for stakeholders to strengthen their capacities to implement low carbon actions and projects across different sectors, including leveraging private sector funds and the potential for public-private-partnerships. The training curriculum has been developed by the Centre for Climate Strategies, and is in line with the evolving international best practices in climate finance planning and implementation.
Project start date
14/10/2020
Project end date
31/03/2021

You might also be Interested in