The Cayman Islands is heavily dependent on imported fossil fuels for energy needs. Water, electricity and transport are all reliant on imported oil. In 2024, renewable energy accounted for only 4% of electricity generation and 96% of diesel was used for utility scale electricity generation. Consequently, there is a great need for Cayman to transition from energy dependency to energy security. In 2015, a historic agreement was reached in Paris which set global standards for the reduction in greenhouse gases and emissions.

Although the Cayman Islands was not part of the Paris Climate Change Agreement, as a British Overseas Territory of the United Kingdom which did sign the Paris Accord, the Cayman Islands aspires to meet the agreed upon targets of 4.8 tCO2e per capita by 2030. The most recent estimate in the Cayman Islands is
18.3 tCO2e as of 2022.

The reduction in greenhouse gases and emissions and the
use of renewable energy go hand-in-hand as our current utility scale electricity
generation is the biggest emission of greenhouses gases as a result of its
reliance on diesel.