cdf
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Government of Guyana, CARICOM Development Fund ink US$18M Agricultural Agreement
The Government of Guyana and the CARICOM Development Fund (CDF) yesterday signed a US$18 million financing agreement to kickstart the Agricultural and Infrastructural Development Programme (AIDP), which will see over 4,300 farmers across the ten regions of Guyana benefitting, with forty per cent of the beneficiaries being women and youth. The programme will allow for a further boost to Guyana’s…
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CARICOM Development Fund Provides initial US$100,000 cash contribution to Hurricane Beryl Recovery Efforts in St. Vincent and the Grenadines
Bridgetown, Barbados – September 10, 2024 – The CARICOM Development Fund (CDF) has made a cash contribution of US$100,000 or approximately EC$270,000 from its Emergency Disaster Assistance Facility (EDAF) to the Government of St. Vincent and the Grenadines to assist in recovery efforts following the devastating impact of Hurricane Beryl on July 1, 2024. The initial grant contribution will support the efforts…
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Message of Condolence from the Caribbean Community on the passing of Ambassador Lorne Mc Donnough, CD
The Caribbean Community (CARICOM) is deeply saddened at the passing of Ambassador Lorne McDonnough, CD, on Thursday, 8 August 2024. Ambassador McDonnough had a career of distinguished service to the Caribbean Community. He served as the first Chief Executive Officer of the CARICOM Development Fund (CDF), where he managed, inter alia, the Country Assistance Programmes providing financial and technical assistance…
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CDF And The United States Partner To Launch For Building Caribbean Resilience
CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana – posting on behalf of the CARICOM Development Fund (CDF) Bridgetown, January 29, 2024 – The CARICOM Development Fund (CDF), in partnership with the United States officially launched the CARICOM Resilience Fund in Barbados, on January 26, 2024. The new US$100 million blended finance vehicle, with technical assistance provided by the U.S. Agency for International…
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CARICOM Development Fund (CDF) Signs US$ 1 million Contribution Agreement with Government of India
The Government of India and the CARICOM Development Fund (CDF) signed a Contribution Agreement on Saturday January 19th, 2019, in Paramaribo Suriname, which provides for a grant allocation of US$ 1 million to the CDF’s capital fund. India becomes the latest International Development Partner to have established formal ties with the CDF during its Second contribution and subvention cycle, which…
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Green Climate Fund affirms its partnership with CDB
(Caribbean Development Bank Press Release) – The Green Climate Fund and the Caribbean Development Bank (CDB) on Friday signed a legal agreement to open doors for more climate finance projects in the Caribbean Region. The signing of the Accreditation Master Agreement (AMA) took place on the margins of the Green Climate Fund’s Caribbean Structured Dialogue meeting in Grenada, and which brought…
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Energy Services Customers to Benefit Most from New CARICOM-led Credit Risk Initiative
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Customers for energy services across the Caribbean Community (CARICOM) are expected to be the main beneficiaries of an ongoing initiative that seeks to facilitate ease of access to credit for small and medium enterprises (SMEs) within the Region’s energy sector. The Credit Risk Abatement Facility (CRAF) is currently being developed by the CARICOM Development Fund (CDF) – a…
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CDF grant ensures further development of ‘De Strip’
BASSETERRE, St. Kitts, (Press Unit in the Office of the Prime Minister) – Development on the South Frigate Bay Beach Enhancement Project, popularly known as “De Strip”, is set to enter a new phase, after the Government of St. Kitts and Nevis signed an agreement effectively securing additional financing for the project. The Frigate Bay Strip in St. Kitts and Nevis…
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Jamaica Signs and Ratifies Amendment to CARICOM Development Fund (CDF) Agreement
CDF, Bridgetown, Barbados, 21 Feb. 2017: Senator The Hon. Kamina Johnson Smith, Minister of Foreign Affairs and Foreign Trade of Jamaica, signed and ratified on behalf of Jamaica the Amendment to Annex III of the Agreement Relating to the Operation of the CARICOM Development Fund (CDF) on the occasion of the Twenty-Eighth Inter-Sessional Meeting of the Conference of Heads…
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Guyana stands to be first country to receive assistance from CDF in second funding cycle
Guyana is likely to be the first member state to benefit from a new country assistance programme (CAP) under the CARICOM Development Fund’s (CDF) 2015-2020 funding cycle, since that country is already eligible to receive further support by virtue of having paid up its full assessed contribution to the organisation. CEO Rodinald Soomer disclosed this recently stating: “The CDF is…
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