INter American Development Bank IDB
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Message from Ambassador Irwin LaRocque Secretary-General, Caribbean Community on the occasion of International Women’s Day 8 March 2018
It is a distinct honour and pleasure for me to celebrate our women and girls across the Caribbean Community on the occasion of the 107th Anniversary of International Women’s Day. International Women’s Day affords us the opportunity to reflect on gender equality and the advancement of women and to continue to #PressForProgress as this year’s theme and call to action…
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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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IDB grants aid to strengthen institutional capacity in the Bahamas
WASHINGTON, CMC – The Inter-American Development Bank (IDB) has approved a US$450,000 technical cooperation grant for strengthening institutional capacity in the Bahamas. The Washington-based financial institution said the grant was made at the request of the Government of The Bahamas. It said the general objective of the technical co-operation is to strengthen the institutional capacity of the Office of the…
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IDB to hold seminar on development challenges in the Caribbean
WASHINGTON, CMC – The Inter-American Development Bank (IDB) says leading experts from academia and development institutions will gather here this week to address development challenges facing the Caribbean and Latin America. The Washington-based financial institution said while the region faces “complex development challenges,” including crime, low growth rates and lagging educational achievement, scholars and policymakers will examine recent “policy-relevant findings…
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OECS to benefit from US$20 million IDB loan
WASHINGTON, CMC – The Inter-American Development Bank (IDB) has signed an agreement for US$20 million for a Global Loan Program with the Caribbean Development Bank (CDB) for projects in four Organization of Eastern Caribbean States (OECS) countries. The CDB will lend the funds for the financing of public sector projects in Dominica, Grenada, St. Lucia and St. Vincent and the…
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IDB supports sustainable energy for rural electrification in Haiti
WASHINGTON, CMC – The Inter-American Development Bank (IDB) says it will support a US$3 million technical cooperation project to help the government of Haiti test different renewable energy solutions with the goal of expanding rural electrification. The Washington-based financial institution said Haiti has the lowest level of electrification in the Americas, and n the countryside, over 70 percent of the…
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CARIBBEAN-ECONOMY-Psychometric testing a good indicator for creditworthiness in the Caribbean
WASHINGTON, CMC – The Inter-American Development Bank (IDB) says it has found that “psychometric” testing is a “good predictor” of creditworthiness and a cost-effective way for financial intermediaries in Latin America and the Caribbean to reduce the costs of their credit assessment operations. The Washington-based financial institution said the testing is a tool that has been successfully used by human…
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IDB makes call for proposals on social inclusion and poverty reduction
WASHINGTON, CMC – The Inter-American Development Bank (IDB) has launched another call for proposals from civil society organizations that carry out activities focused on poverty reduction and social inclusion and development in Latin America and the Caribbean. The call, made by the IDB’s Executive Director for the Government of Japan, Yasuhiro Atsumi, is for projects that support development through sustainable…
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Crime taking on toll on Caribbean economies
WASHINGTON, CMC – The Inter-American Development Bank (IDB) says several commissioned studies have revealed that crime and violence have had a dramatic impact on women, youth and the economic well-being of families in Latin America and the Caribbean. The new studies “underscore the more hidden dimensions of the cost of crime” on regional economies, by looking at issues such as…
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HAITI ONE YEAR LATER – CARICOM CONTINUES SUPPORT TO ITS MEMBER STATE
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) As the first Anniversary of the catastrophic earthquake which rocked Haiti on 12 January 2010 looms, the Caribbean Community (CARICOM) is continuing its steady and multi-pronged support to this Member State. At a recently concluded meeting co-ordinated by the Office of the Special Representative of CARICOM Heads of Government on Haiti, the Most Honourable…
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