THE HAGUE – The Dutch government has emphasized that Curaçao must independently finance and implement its economic development and sustainability initiatives, including plans for solar parks, electric buses, and charging stations. In a written response to parliamentary questions from D66 MPs Bamenga and Rooderkerk, Climate and Green Growth Minister Sophie Hermans reiterated that while the Netherlands supports knowledge-sharing, no additional financial aid will be provided beyond existing frameworks.
Key Takeaways
Curaçao recently outlined its green transition plans to the Dutch cabinet, including proposals for renewable energy and sustainable mobility. Minister Hermans acknowledged these efforts as positive steps toward economic diversification and decarbonization but stressed that execution and funding remain Curaçao’s responsibility.
A notable point of contention arose regarding Chinese firm BYD’s alleged "dumping prices" for electric buses, which could undercut Dutch competitor VDL. Hermans clarified that procurement decisions fall solely under Curaçao’s authority, given its autonomous status within the Kingdom.
Limited Financial Flexibility
While Curaçao faces a €13.2 million funding gap for its solar and e-bus project, the Netherlands confirmed its €4.3 billion budget reserve for sustainable energy is earmarked for domestic SDE++ subsidies. However, €150 million in SDE funds is allocated to Aruba, Curaçao, and Sint Maarten for grid upgrades, battery storage, and other energy transition prerequisites—potentially indirectly supporting such projects.
Future Prospects
Ongoing discussions include a feasibility study for an offshore wind farm and Curaçao’s potential as a green hydrogen exporter, though both require significant investment. Minister Hermans plans to address these topics during her anticipated visit to Willemstad in May for the Caribbean Climate and Energy Conference, where bilateral talks will focus on renewable energy’s role in economic growth.