‘Green' Businesses To Benefit From GEF Project

Government has set the ambitious goal of transitioning Barbados into the first 100 per cent carbon neutral island state by 2030.

Minister of Industry, Innovation, Science and Technology (MIST), Davidson Ishmael, said the country was on the cusp of an energy revolution as it looked to phase out fossil fuels for renewable alternatives.

He was speaking at the virtual launch of Climate Launchpad Caribbean's Green Business Ideas Competition 2022, on Wednesday.

"Barbados' transition to a carbon neutral state is critical, not only to ensure that we are aligned with global efforts on sustainable development, but also to leverage new opportunities in the emerging green economy, thus sharpening Barbados' competitive advantage in this area," he pointed out.