Ryan Ba­choo

Lead Ed­i­tor - News­gath­er­ing

ryan.ba­choo@cnc3.co.tt

As COP28 kicked in­to an­oth­er gear on Sat­ur­day morn­ing in Dubai, ANSA McAL CEO, Mr An­tho­ny Sab­ga III sig­nalled the con­glom­er­ate's in­ten­tion to lead the Caribbean re­gion in­to a green­er fu­ture. The Group CEO signed a Mem­o­ran­dum of Un­der­stand­ing with Ke­nes­jay Green Lim­it­ed which sets the stage for pri­vate sec­tor ac­cel­er­a­tion of green en­er­gy projects in the Caribbean.

The sign­ing took place at the NDC Part­ner­ship Pavil­ion at the COP28 venue where Min­is­ter of Plan­ning and De­vel­op­ment, Pen­ne­lope Beck­les at­tend­ed. Al­so in at­ten­dance were Do­mini­ca's Min­is­ter for the En­vi­ron­ment, Rur­al Mod­erni­sa­tion, Kali­na­go Up­lift­ment and Con­stituen­cy Em­pow­er­ment, Co­zi­er Fred­er­ick as well as St Kitts and Nevis' Min­is­ter of Pub­lic In­fra­struc­ture, En­er­gy and Util­i­ties, Do­mes­tic Trans­port, In­for­ma­tion, Com­mu­ni­ca­tion and Tech­nol­o­gy and Posts, Kon­ris May­nard.

The MOU aims to ac­cel­er­ate the de­vel­op­ment of new, and com­mer­cial­ly vi­able green en­er­gy projects in the Caribbean.

It was done dur­ing the ses­sion on “Re­gion­al Green Hy­dro­gen De­vel­op­ments in the Caribbean”.

Speak­ing at the sign­ing cer­e­mo­ny, Mr. Sab­ga, stat­ed, “I am proud of this first step tak­en to­day to part­ner with KGL to ex­plore

projects to har­ness the Caribbean’s nat­ur­al re­sources to pro­vide more sus­tain­able so­lu­tions that im­pact the lives of the peo­ple of our re­gion. It is our in­tent to bring con­sid­er­able re­sources in peo­ple, cap­i­tal and tech­nol­o­gy to sup­port the ef­forts of our re­gion in the fight for a green­er fu­ture. This res­onates deeply with our pur­pose."

Mean­while, Ke­nes­jay Green Lim­it­ed founder and chair­man, Philip Julien, said, "This MOU with a Caribbean cor­po­rate heavy­weight like ANSA McAL is an im­por­tant next step in ad­vanc­ing po­ten­tial green projects in the re­gion, in­clud­ing oth­er ge­ot­her­mal-rich coun­tries in the Caribbean."