Sustainable Energy Investment ProgrammeThe Goods Works Related Services And Consultancy Services To Be Procured Under The Sustainable Energy Investment Programme Smart Fund Ii Include But Are Not Limited To Retrofitting Of Public Buildings With Energy Efficient Ee Measures And Renewable Energy Re Technologies Expansion Of The Electric Vehicle Fleet Buses Vans Cars And Consultancies To Build Capacity Of Key Stakeholders With Responsibilities Related To Ee And Re Development And Implementation To Ensure Sustainability Of The SectorThe Principal Objective Of This Program Is To Further Reduce Barbados S Dependency On Imported Fossil Fuels Through The Increased Use Of Re And Ee Technologies In Order To Decrease Energy Costs Of The Population Increase The Country S Energy Security And Increase Local And Global Environmental Sustainability This Will Be Achieved By Reducing Emissions Of Polluting Substances Particulate Matter And Carbon Dioxide Co2 And Other Greenhouse Gases Ghg The Above Objectives Will Be Achieved Through Investments In Three Components 1 Component 1 Promoting Ee And Re In Small And Medium Enterprises Usd13 113 822 14 Providing Grants To Finance The Required Pre Investment Studies And Pilots For Ee And Re Projects Finance Loans To Smes To Implement Selected Ee And Re Projects And Finance A C Rebates For Smes 2 Component 2 Promoting The Adoption Of Renewable Energy And Energy Efficiency Within The Public Sector Usd28 379 971 62 Conducting Pre Investment Studies For Government Programs Implementing Re And Ee Projects And Expending Electric Mobility 3 Component 3 Capacity Building And Institutional Support Usd1 486 149 48 Enabling The Successful Implementation Of The Program Including Public Awareness And Training Gender Mainstreaming And Complementary Ee And Re Studies
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