cdb
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CDB approves financing for solar photovoltaic plant in Anguilla
BRIDGETOWN, Barbados, Thursday July 23, 2015 – The Caribbean Development Bank (CDB) has approved a US$2.34 million loan to finance the installation and commissioning of a 1 Megawatt Solar Pholtovoltaic Plant which will enable the Anguilla Electricity Company Limited (ANGLEC) to introduce renewable energy into the mix for electricity production. ADVERTISEMENT The project in Corito, in the south of the…
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CDB provides grant funds to help University of Belize improve operations
CDB’s operations officer, education, Idamay Denny he government of Belize is continuing its focus on expanding access to quality tertiary education by looking at ways to improve operations at the University of Belize (UB). The Caribbean Development Bank (CDB) has approved a grant of US$400,000 to the government of Belize to facilitate a comprehensive institutional assessment of UB, which will…
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CDB approves US$2.37M in grant assistance for Haiti Catastrophe Risk Insurance
BRIDGETOWN, Barbados – The Board of Directors of the Caribbean Development Bank (CDB) today approved grant assistance of US$2,377,250 to the Government of Haiti to meet the country’s insurance premium for coverage being provided by the Caribbean Catastrophe Risk Insurance Facility (CCRIF) for the 2015-2016 hurricane season. Haiti is one of 16 Caribbean nations that buy policies from CCRIF, which provides…
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Caribbean Development Bank Partners with the World Bank Group to Build Public Procurement Capacity in the Region
Bridgetown, Barbados – July 9, 2015 – The Caribbean Development Bank (CDB) has announced the creation of a Regional Procurement Centre that aims to improve the efficiency and transparency of public spending across its Borrowing Member Countries (BMCs). The Centre will provide high-quality, relevant, accredited education for procurement professionals in the Caribbean, which is tailored to the specific needs…
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CDB hosts meeting with UN Secretary General and Regional Climate Change Agencies
His Excellency Mr. Ban Ki-Moon, Secretary General of the United Nations met with Caribbean organisations working to co-ordinate climate action today at a meeting hosted by and held at the Caribbean Development Bank (CDB) in Barbados. The agencies shared updates on the nature and impact of their work, while indicating critical areas and interventions which can enhance their effectiveness. The…
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CDB to host workshop on PPPs at Caribbean Growth Forum
(Bridgetown, Barbados) The Caribbean Development Bank (CDB) will join government ministers, officials and development partners in exploring better ways of promoting and harnessing growth, during the Third Regional Caribbean Growth Forum (CGF). The event takes place on June 16-17, 2015 in Saint Lucia at the Sandals Grande St. Lucian Spa & Beach Resort and will focus on innovative ways of enhancing competitiveness, supporting…
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CDB Signs Renewable Energy Agreement With EU-CIF
Efforts by the Caribbean Development Bank (CDB) to promote the use of renewable energy and energy efficiency among its Borrowing Member Countries have been advanced by the signing of a Contribution Agreement with the European Union-Caribbean Investment Facility (EU-CIF), in Brussels, Belgium to support the new Sustainable Energy for the Eastern Caribbean (SEEC) Programme. The signing took place in Brussels…
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CDB approves US$35M loan to improve education access in Belize
More children are expected to gain access to education in Belize with the construction of 35 new schools and the provision of 5,300 additional places across pre-primary, primary and secondary levels. These are among the benefits to flow from a USD35 million loan and a USD 461,000 grant approved by the Board of Directors of the Caribbean Development Bank (CDB)…
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