Success Stories
The Eastern Caribbean Telecommunications Authority (ECTEL)
The Eastern Caribbean Telecommunications Authority (ECTEL) is the only multi-state telecommunications regulator in the world. It is fully funded by fees and tariffs applied to the licensed service providers, and stands as a symbol of functional cooperation within the OECS region. Among the primary goals are the promotion of open entry, market liberalization and competition in the telecommunications sector in the Member countries.
The Organisation of Eastern Caribbean States (OECS) Model
At the very core of the OECS model is the principal of the pooling of scarce human and financial resources in the building of a regional institutional architecture to provide an array of services in common, which individual Member States would be incapable of providing for themselves. With a combined population of slightly under 600,000 , these micro states are able to reduce their individual vulnerabilities and increase their resilience as a group.
Among the most important objectives of the...
Caribbean Renewable Energy Development Programme (CREDP)
This project sought to remove barriers to Renewable Energy (RE) use in the Caribbean, through specific actions to overcome policy, finance, capacity, and awareness barriers, estimating the contribution of renewable energy sources to the Region’s energy balance to be significantly increased. It sought to further provide the opportunity to replace existing fossil fuel-based decentralized electricity generation with RE based generation plants or to provide electricity to areas not yet covered. The...
Caribbean Catastrophe Risk Insurance Facility (CCRIF)
CCRIF is a risk pooling facility registered in, and owned and operated by the Caribbean for Caribbean governments. It is the world’s first and, to date, only regional fund utilising parametric insurance, giving Caribbean governments the unique opportunity to purchase earthquake and hurricane catastrophe coverage with lowest-possible pricing. It is designed to limit the financial impact of catastrophic hurricanes and earthquakes to Caribbean governments by quickly providing short-term liquidity...
Global Island Partnership (GLISPA)
The Global Island Partnership (GLISPA) is a global entity working to help islands around the world conserve and sustainably utilize their invaluable natural resources.
GLISPA was created to help bridge local and global island initiatives, build upon existing networks and programmes and share knowledge among all islands. It was formed following the Mauritius International Meeting in 2005 following a request from the Presidents of Palau and the President of the Seychelles for a global partnership...
