cdf
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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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Montserrat Can Benefit from CARICOM Development Fund, Says Minister of Trade
CHRIST CHURCH, Barbados – Current chair of the CARICOM Council for Trade and Economic Development (COTED) and Honourable Ministry of Agriculture Claude Hogan, says Montserrat stands to benefit from the CARICOM Development Fund once it accedes to it. Minister Hogan was speaking at the Fifth Meeting of Contributors and Development Partners of the CARICOM Development Fund (CDF) held at ACCRA…
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Head of the Caribbean Development Fund to move on
THE CARICOM Development Fund (CDF) announced today that after more than six years with the organisation, CEO Ambassador Lorne McDonnough indicated to the Board that for personal reasons he did not wish to renew his contract past the end of the CDF’s First Funding Cycle on June 30, 2015. McDonnough, who has headed the Barbados based CDF since November 2008,…
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Final Declaration issued by the Meeting of The Ministers of Foreign Affairs of the Republic of Cuba and of the Member States of the Caribbean Community (CARICOM), 17 September 2010, Havana, Cuba
THE Barbados-based CARICOM Development Fund (CDF) has approved an additional EC$2,025,000/US$750,000 loan for the new Argyle International Airport (AIA) in St. Vincent and the Grenadines. The funding will be used to purchase equipment to establish a 218 kVa solar energy farm that will reduce electricity costs at the multi-million dollar facility. CDF’s CEO, Ambassador Lorne McDonnough, explained that this pilot renewable energy project will provide approximately 35…
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Statement by Ambassador Lorne T. McDonnough Chief Executive Officer Of the CARICOM Development Fund At the SIGNING OF THE COUNTRY ASSISTANCE PROGRAMME AGREEMENT between the THE GOVERNMENT OF GUYANA and the CARICOM DEVELOPMENT FUND – HILTON HOTEL, Port of Spain, Trinidad and Tobago – 6th July, 2013
HE Donald Ramotar, President of the Cooperative Republic of Guyana, Hon. Ashni Singh-Minister of Finance, Hon Carolyn Rodrigues-Berkett–Minister of Foreign Affairs, Hon. Robeson Benn, Minister of Public Works, Ladies and Gentlemen of the Press. I am particularly glad Mr President and Minister Singh, that you have been able to find some time during your busy schedule to meet here…
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