Subsidy of 130 million available for Sustainable Development in Aruba

Aruba has a unique opportunity to pursue sustainable development. A subsidy of €130 million has been allocated for islands such as Aruba, Curaçao, Sint Maarten, Bonaire, Saba, and Sint Eustatius.

This funding is transformative, positioned to drive projects that encourage economic growth, combat climate change, and advance renewable energy initiatives

Below is an overview of the subsidy program.

The main objective of this subsidy is to promote economic development while addressing climate change. It aims to accelerate the shift to renewable energy and encourage environmental conservation. The program’s vision is to create a circular economy, where resources are repurposed and waste is significantly reduced.

Key Areas of Focus for Sustainability in Aruba

• Energy Transition: Projects that prioritize renewable energy sources, such as solar and wind power.

• Digital Infrastructure: Initiatives aimed at enhancing digital infrastructure to support both education and remote work capabilities.

• Food Security: Sustainable agriculture projects designed to increase local food production, strengthen food security, and reduce dependence on imports.

• Green Jobs: Creation of employment opportunities that contribute to the green economy, particularly in sectors like renewable energy, conservation, and environmental stewardship.

• Circular Economy: Projects focused on recycling, minimizing waste, and managing resources sustainably.

  
  

Criteria and Requirements

To qualify for the subsidy, projects must meet specific criteria. They should, first and foremost, align with the objectives of sustainable development. Additionally, projects must show clear, measurable results. Applicants need to demonstrate how their initiative will benefit the local community and contribute to economic growth.

Application Process

Applying for the subsidy is a simple process. Interested candidates must submit a proposal that outlines their project, including its goals, expected results, and alignment with sustainability objectives. The proposal should also include financial details and specify how the subsidy will be allocated. More information can be found on the government’s website