St Vincent and the Grenadines is launching an energy audit of a group of public buildings in the country.

The audit is being financed by the Caribbean Development Bank to the tune of $48,500 under the bank’s Sustainable Energy for the Eastern Caribbean program.

The energy audits will “evaluate the energy performance of the subject buildings and elaborate cost-effective and feasible energy efficiency measures and renewable energy options,” the bank said in a statement.

The CDB said that an investment project resulting from the audits could potentially save the government an estimated 30 percent in energy consumption for the targeted buildings.

The SEEC program is providing grant and blended loan resources to six OECS countries.