AGP Executive Report
Last update: 6 hours agoChlordecone Compensation Move: France has formally recognized the State’s responsibility for long-term chlordecone pollution in Guadeloupe and Martinique, paving the way for compensation talks. A new law now kicks off a one-year process to study extending existing schemes to victims whose illnesses are linked to pesticide exposure, with funding tied to an added levy on tobacco products, alongside priorities like faster cleanup, support for agriculture and fishing, stronger research, and improved care for victims. Energy & Storage: France’s energy regulator CRE selected five Corsica electricity storage projects totaling about 48 MW (pumped hydro plus batteries), with service targeted for 2029-2030—highlighting falling battery costs and the role of storage in cutting solar curtailment. Port-to-Health Tech: Martinique’s oncology centre that manufactures radiopharmaceuticals says it is ready to supply Guyana with radioactive nuclear drugs for certain cancers, following discussions with local doctors and health authorities. Shipping & Tourism Demand: MSC Opera is set to reposition to the Southern Caribbean and will become MSC’s first year-round ship in the region later in 2026, with itineraries including stops from Fort-de-France. Local Infrastructure Watch: Carriacou minister Tevin Andrews reports progress on major aviation, maritime, and road projects after Hurricane Beryl, including Lauriston Airport upgrades and Windward Jetty redevelopment. Industry Policy (EU): EU ministers agreed to tighten when the bloc can suspend the carbon emissions fee on imports, aiming to reduce uncertainty for low-carbon investment. Martinique Culture & Food Craft: Fort-de-France will host the 4th Reggae Therapy Festival on July 11-12, 2026, with an international lineup and a local food-and-crafts village.
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