cdb
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CDB Leaders Have Left Indelible Mark – PM Holness
Prime Minister, the Most Hon. Andrew Holness, says the Caribbean Development Bank (CDB) is an example of regionalisation that works and has been blessed with outstanding leadership over its 46 years of existence. “The CDB has had some great leaders, who have left an indelible mark on this institution,” Mr. Holness said. “Their leadership and vision have made the CDB…
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More investment, fast-track modernization of regional ports needed, says CDB
A Caribbean Development Bank (CDB) sponsored study on maritime ports in the region is recommending a major overhaul in policies; significant increase in investments to fast-track modernization; more private sector leadership, and greater focus among the Bank’s Borrowing Member Countries (BMCs) on improving efficiency. The study is also proposing that Organisation of Eastern Caribbean States (OECS) countries examine and explore…
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CDB study proposes new policies to tackle regional poverty and inequality
A study commissioned by the Caribbean Development Bank (CDB) is proposing a wide raft of policy changes at the institutional and government levels to tackle high rates of poverty and inequality across the Region. Changes being called for include an acceleration of labour market reform with an emphasis on entrepreneurial skills training, promotion of policies to eliminate child labour and…
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CDB boosts climate adaptation and capacity building projects
The Caribbean Development Bank (CDB) increased its capacity-building work in the Region in 2015 focusing on climate adaptation, renewable energy, public sanitation, environmental awareness and sustainability programmes. In this regard, financing was provided to help Haiti improve its population’s access to sanitation services. The Bank is also collaborating with the National Directorate of Water Supply and Sanitation (DINEPA), the agency…
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Suriname energy sector gets US$50M CDB loan
The Energy Sector in Suriname is set to benefit from a loan valued at US$50M approved by the Caribbean Development Bank’s (CDB) Board of Directors on Monday. The Policy-Based Loan to the Republic of Suriname was provided to urgently address the country’s fiscal imbalances, through support for energy sector reforms. Suriname has already begun implementing a series of institutional, policy and…
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CDB-funded workshop promotes better results in Regional Development
Achieving measurable results with transparency and accountability in development projects was the focus of discussions when the Caribbean Development Bank (CDB) hosted a workshop for 17 business development officials from around the Region. The Sub-Regional Workshop on Managing for Development Results (MfDR) ended on May 6 in Jamaica. The attendees, who work at Cooperating Institutions of the Bank’s Caribbean Technological Consultancy Services…
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CARICOM Secretariat and CDB collaborate to launch Human Resource Development Commission
The CARICOM Secretariat and the Caribbean Development Bank have partnered to launch a Human Resource Development Strategy for the Region. The launch event was hosted on Thursday evening at the Caribbean Development Bank Conference Centre in Bridgetown Barbados. Main Speaker at the event: Assistant Secretary-General, Human and Social Development, CARICOM Secretariat, Dr. Douglas Slater The Human Resource Development Commission is tasked…
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IDB, CDB, CARICOM and the US Department of Energy Sign MOU to support renewable energy and energy efficiency in the Caribbean
Partnership will aid cleaner, cheaper, and more secure sources of energy for the Caribbean Region President Luis Alberto Moreno of the Inter-American Development Bank (IDB), President Warren Smith of the Caribbean Development Bank (CDB), Secretary Ernest Moniz of the United States Department of Energy (DOE), and Secretary General Irwin LaRocque of the Caribbean Community (CARICOM) signed a memorandum of understanding…
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CDB supports data revolution for Caribbean development
April 25, 2016, KINGSTON, Jamaica – National population and housing censuses provide data that could help countries in the Caribbean Region improve decision-making, accountability, and address development challenges such as inequalities in employment, education and wealth. As Caribbean nations answer the call for a global data revolution, they continue to tackle statistical capacity challenges. On Monday, April 18 representatives from…
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CDB launches US$30.9M sea, river defence project in Guyana
In Guyana, over 90% of the country’s population lives along the coastal area, much of which lies below sea level. As such, the country faces significant risk of flooding, and the construction and rehabilitation of drainage, irrigation and sea defense systems is a priority for the Government. On Wednesday April 13, the Caribbean Development Bank (CDB) and the Government of…
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