Jamaica signs US$40M IDB deal
ANKARA/BAGHDAD – Thousands of homeless Iranians huddled against the cold late yesterday, a day after at least 450 people were killed in Iran’s deadliest earthquake in more than a decade, state TV said. Rescue teams kept up search operations for dozens tr
KINGSTON, Jamaica – The Government of Jamaica has signed a loan agreement amounting to US$40 million with the Inter-american Development Bank (IDB) to finance the Energy Management and Efficiency Programme (EMEP).
The financing programme includes US$30 million for comprehensive energy efficiency retrofits in 30 government-owned buildings and the installation of LED lighting in another 50 structures.
The energy efficiency programme will be undertaken in schools, hospitals and public agencies, and will help cut the government’s electricity bill by US$7 million annually.
The EMEP financing will also support energy planning and management and contribute to the government of Jamaica’s comprehensive programme of efficiency improvement and energy diversification.
The EMEP is component of the