Powering the Future

Reducing energy dependence in the ECCU entails improving energy efficiency and shifting from fossil fuels to renewable energy. This energy transition will affect the transmission of and vulnerability to shocks (e.g., from natural disasters or commodity markets) while at the same time helping to reduce economic imbalances and enhance growth potential. Policymakers need to establish frameworks to maximize the benefits of the energy transition, while ensuring it is sustainable and equitable.