Against the backdrop of the high cost of energy to Caribbean enterprises and its impact on competitiveness, the CDF has prioritized support for alternative energy sources through the provision of concessionary finance to energy efficiency projects in the private sector.  Specifically, the CDF has been active in providing grants to the tourism (hotels), agriculture and manufacturing sectors in Grenada, Belize and St. Kitts and Nevis as well as highly concessional finance to the transportation sector in St. Vincent and the Grenadines. Emphasis during the first cycle was to help enterprises to convert to energy efficient and renewable sources.