cdb
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FAO and CDB Sign Framework Cooperation Agreement
The Food and Agriculture Organization (FAO) of the United Nations and the Caribbean Development Bank (CDB) have signed a Framework Cooperation Agreement for the Bank to approve a grant of US$1.2 million for the FAO to implement a cassava project in Dominica, Suriname and Trinidad and Tobago. Titled: ‘Cassava Industry – Market Assessment and Technology Validation and Dissemination’, the project…
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CDB, UNICEF partner to improve quality of early childhood education in the Caribbean
Students of the Beacon Light of the Nazarene School, Antigua and Barbuda hand over newly launched Caribbean Early Childhood Development Good Practice Guide to (from left to right) Ms. Monica La Bennett, Vice-President (Operations), Caribbean Development Bank; Hon. Michael Browne, Minister Education, Antigua and Barbuda; Dr. Aloys Kamuragiye, UNICEF Representative, Office for the Eastern Caribbean. (Photo via CDB) February 15,…
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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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CDB to promote resilient recovery, climate action for Caribbean at COP23
November 13, 2017, BONN, Germany – A delegation from the Caribbean Development Bank (CDB) has arrived at the United Nations Climate Change Conference (COP23) in Bonn, Germany. While at the event, which runs until November 17, the Bank will join other regional stakeholders in reiterating the urgent need for climate action and resilient recovery in the Caribbean. Against the backdrop of this year’s devastating hurricane…
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CARICOM Chairman leads delegation to hurricane ravaged Dominica
CARICOM Chairman, Prime Minister Dr Keith Mitchell (2nd right) led a regional delegation to hurricane-ravaged Dominica on Tuesday, and met with Prime Minister Roosevelt Skerrit (right). The Chairman’s delegation included (from right) CARICOM Secretary-General Ambassador Irwin LaRocque, President of the Caribbean Development Bank (CDB) Dr. Warren Smith, Executive Director of the Regional Security System (RSS) Captain Errington Shurland, and Executive…
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Caribbean Seeks to Climate-Proof Tourism Industry
BRIDGETOWN, Barbados, Friday June 30, 2017 (IPS) – The tourism industry is the key economic driver and largest provider of jobs in the Caribbean after the public sector. Caribbean tourism broke new ground in 2016, surpassing 29 million arrivals for the first time and once again growing faster than the global average. Visitor expenditures also hit a new high, growing…
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CDB funds project to prevent loss of correspondent banking relationships
March 17, 2017, BRIDGETOWN, Barbados – The Board of Directors of the Caribbean Development Bank (CDB) has approved funding of US$250,000 to strengthen financial transparency, and assist in preventing the loss of correspondent banking relationships (CBRs) in the Region. In the Caribbean, CBRs facilitate a number of payment systems, including international trade, cross-border payments and receiving of remittances. Recently, some…
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CDB, IDB sign agreement to strengthen partnership
Washington, D.C. – The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) have signed a memorandum of understanding (MOU) to strengthen their ongoing partnership in addressing the Caribbean’s development priorities. Through the MOU, signed at the IDB’s headquarters in Washington, D.C. on February 21, 2017, both institutions have renewed their commitment to collaborating on programmes and projects that contribute…
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CDB co-hosts Roundtable Discussion on Gender Equality with CARICOM, UN Women
On October 31, the Caribbean Development Bank (CDB) co-hosted a roundtable discussion in Barbados, “Partnerships for Gender Equality”, with UN Women and the Caribbean Community (CARICOM). The event was part of the agenda for UN Women Executive Director, Phumzile Mlambo-Ngcuka’s first visit to the Caribbean. The Roundtable took place at the United Nations House. Patricia McKenzie, Vice-President (Operations), CDB was…
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