Barbados
Critical minerals, policy, and the energy transition
The Energy Transition in Barbados
Barbados’ energy transition is underpinned by its ambition to achieve 100% renewable energy and carbon neutrality by 2030, as outlined in the Barbados National Energy Policy (BNEP). The country’s current energy mix remains dominated by imported fossil fuels, though significant progress has been made in solar PV adoption, including distributed rooftop systems, utility-scale solar farms, and emerging battery storage solutions. The government promotes investment through feed-in tariffs and incentives for renewable energy development, supported by regional initiatives like CARICOM’s Energy Policy and the CCREEE framework. Barbados does not possess domestic critical minerals production and remains fully dependent on imports for key materials such as lithium, cobalt, nickel, and rare earth elements. The island’s Exclusive Economic Zone (EEZ) presents potential for offshore wind and ocean energy, though seabed mineral resource exploration is not currently active. Core challenges include hurricane vulnerability, grid integration issues, and financing gaps, while opportunities are driven by strong policy commitment, regional leadership in the energy transition, and access to climate finance for resilient, low-carbon energy development. Barbados stands out for its bold 2030 renewable energy and carbon neutrality targets, underpinned by strong policy frameworks. Maintaining this leadership will require sustained investment, grid modernisation, and active engagement in regional and global energy transition initiatives.
Barbados' international economic, trade, and security alliances
Energy Raw Materials and products produced in Barbados
Essential minerals production and products in Barbados
The journey of Central America and The Caribbean's critical minerals
Central America's progress in renewable energy is anchored on essential minerals like lithium, nickel, cobalt, PGMs, rare earths, and minor metals. These are crucial for advancing low carbon and future technologies, backed by policies promoting sustainable mining and innovation. This strategy emphasizes the significance of these minerals in paving the way toward a sustainable and energy-secure future. Learn how these critical minerals are fundamental to Central America's transition to sustainable energy.




Meet the Critical Minerals team
Trusted advice from a dedicated team of experts.

Henk de Hoop
Chief Executive Officer

Beresford Clarke
Managing Director: Technical & Research

Jamie Underwood
Principal Consultant

Ismet Soyocak
ESG & Critical Minerals Lead

Rj Coetzee
Senior Market Analyst: Battery Materials and Technologies

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