One of Barbados’ leading investors in the renewable energy sector is proposing that a global fund be established to help provide financing for small island developing states that are moving away from the use of fossil fuels.Noting that he has been advancing the idea in the international arena, businessman The Most Honourable Ralph Bizzy Williams declared that the world was in “crisis” and countries that are able to use the sun to produce power all year round should be encouraged to do so.The ardent renewable energy enthusiast said the reason behind his proposal was the impact of climate change and the use of fossil fuels on the environment.
