The Caribbean Climate Smart Facility (CCSF)

Affiliated Institution
Rocky Mountain Institute
Support Entity Type
PPF
Project Stage Supported
  • Enabling environment/capacity building for project proponents
  • Development of pre-feasibility studies
  • Development of feasibility studies
  • Project financial structuring
Funding Type
In-kind contributions
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
Private sector
Climate Objective
Mitigation
Region
Latin America and the Caribbean
Sectors and Themes
Energy
Co-financing Requirement
No
Application Frequency
Rolling
Contact Information

Ije Okeke, Managing Director, Global South – [email protected]
David Gumbs, Director, Islands Energy Program – [email protected]

The Caribbean Climate Smart Facility (CCSF) is designed to address bankability gaps and catalyze the transition to a fully commercial clean-energy market in the Caribbean, including overseas territories.

The CCSF ensures that clean energy projects mature rapidly, address the market failure points, and are well-positioned to leverage capital from the private sector and international public financing institutions. Without dedicated resources for completing pre-feasibility and feasibility activities, essential to reach bankability, many energy projects in the Caribbean region fail in the preparation phase. The CCSF builds on the Rocky Mountain Institute's (RMI’s) decade-long presence and unique advantage in the Caribbean region, focusing on addressing this challenge and ensuring that projects are ready to be built.

The CCSF ensures energy projects are technically sound, regulation-compliant, and financially viable. It builds on RMI’s decade-long presence in the Caribbean and, with a team of experienced project engineers and developers, offers a suite of technical assistance services.

These include:

Technical assistance

  • Preparing technical pre-feasibility and feasibility assessments: i.e. hydrological, topographical, and environmental impact assessments and grid interconnection and system impact studies
  • Ensuring compliance with national energy regulatory policies, as well as environmental and land-use regulations
  • Business case development and financial modeling

Procurement and financing 

  • Preparing requests for proposals (RFPs) for engineering, procurement, and construction firms (EPCs) and/or independent power producers (IPP)
  • Contract negotiation support
  • Owners engineering and construction oversight

Capacity building

  • Strengthen the capacity of local energy leaders through technical capacity building workshops, seminars and thought leadership
Eligibility Criteria

Please contact CCSF for information on the facility's eligibility criteria.