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Central Bank and FSC focusing on financial risk
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Consultant urges a greater emphasis on leaving paper trail behind
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Outspoken investor Ralph “Bizzy” Williams is adamant that Barbadian entities should have a bigger slice of the renewable energy sector Government is developing to shift the country away from oil by 2030.
He made the call yesterday during the first virtual session of the annual Domestic Financial Institutions Conference, held under the topic Increasing Household Investment In Renewable Energy: How the Financial Sector Can Help.
During the same session, Central Bank Governor Cleviston Haynes stressed the need for Barbadians to embrace the renewable energy drive so Barbados could reduce its fuel import bill, which was $700 million pre-COVID-19.
Williams, whose company Williams Solar develops solar photovoltaic projects in Barbados, questioned why conference panellist Aidan Rogers, second vice-president of the Barbados Sustainable Energy Cooperative Society, mentioned a 30 per cent portion of the renewable energy sector for Barbadians. (SC)