Caribbean Development Bank CDB

  • Photo of CDB makes US$140M available to counter COVID-19 pandemic, other disasters
    COVID-19

    CDB makes US$140M available to counter COVID-19 pandemic, other disasters

    (Caribbean Development Bank Press Release) The Board of Directors of the Caribbean Development Bank (CDB) met this week and approved up to US$140 million to be used by the Bank’s Borrowing Member Countries to tackle the fallout of the COVID-19 pandemic and other shocks to their economy. “The economic and social shock of the COVID-19 pandemic will likely be severe…

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  • Photo of CDB, EU, UK to help Dominica make public buildings more energy efficient

    CDB, EU, UK to help Dominica make public buildings more energy efficient

    (Caribbean Development Bank Press Release) – The Government of Dominica’s mission to make its public buildings more energy efficient and slash its energy bill is getting financial support from the Caribbean Development Bank (CDB), the European Union and the United Kingdom’s Department for International Development (DFID). CDB’s Board of Directors on Thursday last approved a grant of US$127,000 from the Bank’s Sustainable Energy for…

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  • Photo of Implementation of HRD Strategy will address issues articulated by youth, parents, community

    Implementation of HRD Strategy will address issues articulated by youth, parents, community

    (CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana)     Chairman of the Council on Human and Social Development (COHSOD) and Minister of Education, Science and Culture of Suriname, the Hon. Lilian Ferrier, said that the implementation of the CARICOM Human Resource Development Strategy will focus on issues that have been raised by youth, parents and communities of the Region in a 2010 Report of the Commission on…

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  • Photo of CDB launches project to improve disaster risk management and climate resilience in Ile-à-Vache, Haiti

    CDB launches project to improve disaster risk management and climate resilience in Ile-à-Vache, Haiti

      March 12, 2018, BRIDGETOWN, Barbados – On Friday March 3, 2018, the Caribbean Development Bank (CDB) and the Government of Haiti launched a project to improve climate resilience and disaster risk management on Ile-à-Vache, an island off the country’s southern peninsula. The Building Capacity for Disaster Risk Management and Climate Resilience Project is being funded through a CDB grant of USD5.5 million…

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  • Photo of CDB to establish first country office in Haiti this year

    CDB to establish first country office in Haiti this year

    Haiti’s Minister of Foreign Affairs, His Excellency Antonio Rodrigue (left) and Vice-President (Operations), Caribbean Development Bank (CDB), Monica La Bennett (right), hold the signed country agreements after signing them on February 27, 2018. CDB will establish its first country office in the Republic of Haiti this year. (Photo via CDB) The Barbados-based Caribbean Development Bank (CDB) will establish its first country office…

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  • Photo of CDB President announces up to US$800M for disaster recovery, amid strong Bank performance in 2017

    CDB President announces up to US$800M for disaster recovery, amid strong Bank performance in 2017

    President of the Caribbean Development Bank (CDB), Dr. Wm. Warren Smith, today announced that the institution is making USD700 to 800 million (mn) available to help Borrowing Member Countries (BMCs) recover from the impact of the 2017 Atlantic Hurricane Season. The funding, which the Bank is providing over the next five years, complements its ongoing work to build resilience in the Caribbean Region.…

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  • Photo of CDB approves US$29M to rehabilitate infrastructure damaged by Hurricane Irma in Antigua and Barbuda

    CDB approves US$29M to rehabilitate infrastructure damaged by Hurricane Irma in Antigua and Barbuda

        The Board of Directors of the Caribbean Development Bank (CDB) has approved US$29M in funding to the Government of Antigua and Barbuda, to assist with recovery efforts after the passage of Hurricane Irma in September. The funds will be used to rehabilitate and reconstruct critical infrastructure in the transportation, education, water and sanitation, and agriculture sectors. Hurricane Irma impacted the…

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  • Photo of Caribbean can only ‘build back better’ with international support and urgent climate action, UN, CARICOM Chiefs and Heads of Government

    Caribbean can only ‘build back better’ with international support and urgent climate action, UN, CARICOM Chiefs and Heads of Government

    Over US$2 billion pledged, half of which in loans and debt relief, to support affected women and men for long-term recovery in hurricane-affected Caribbean during CARICOM-UN Conference New York, 21 November 2017 – In view of the urgent needs of Caribbean islands affected by Hurricanes Irma and Maria, the “CARICOM-UN High-level Pledging Conference: Building a more Climate-Resilient Community ” mobilised…

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  • Photo of CDB approves US$436.7M country strategy for Trinidad and Tobago

    CDB approves US$436.7M country strategy for Trinidad and Tobago

    The Board of Directors of the Caribbean Development Bank (CDB) has approved a country strategy for the Republic of Trinidad and Tobago for the period 2017 to 2021. The strategy proposes financial support of US$436.7M from CDB. “This strategy underscores CDB’s longstanding commitment to helping Trinidad and Tobago achieve its development priorities. It will provide focused support that aims to unlock the…

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  • Photo of OAS CSEP Project Host Workshop on Energy Efficiency Designs for Office and Public Buildings in Tropical Climates

    OAS CSEP Project Host Workshop on Energy Efficiency Designs for Office and Public Buildings in Tropical Climates

    The Organisation of Amercan States (OAS) Secretariat through the Caribbean Sustainable Energy Program (CSEP) and the Energy Efficiency Working Group of the Energy and Climate Partnership of the Americas (ECPA), hosted a workshop on energy efficiency designs for office and public buildings in tropical climates. The event took place at the Bay Gardens Inn in Rodney Bay from February 28th…

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