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2022
Dr. Hyginus “Gene” Leon
President, Caribbean Development Bank
PRIORITIES FOR
GROWTH AND
DEVELOPMENT
IN THE
CARIBBEAN
AGENDA
CDB’S VISION FOR CARIBBEAN
DEVELOPMENT
SUSTAINABLE DEVELOPMENT
PRIORITIES
MARSHALLING FINANCE FOR
DEVELOPMENT OF THE REGION
CDB’S VISION FOR DEVELOPMENT
DEVELOPMENT OBJECTIVES
Improving the quality of
the lives and capabilities
of Caribbean peoples
Building a resilient
ecosystem in the
region
Attaining
Sustainable
Development
Goals
01
02
SUSTAINABLE
DEVELOPMENT
PRIORITIES:
RESILIENCE
ECOSYSTEM
Social: Fostering Learning and Health
Networks and a Growth Mindset
1
Production: Driving Economic
Diversification Through Embracing
Innovation
2
Environmental: Mainstreaming
Climate Adaptation and Sustainable
Energy
3
Institutional: Improving Governance
and reducing Implementation Capacity
Deficit
4
Financing: Developing an Innovative
Financing Ecosystem
5
Creating health and learning networks,
leveraging digital technology, to deliver on
universal medical service coverage across
the region and regional learning systems that
leverage scale and efficiency and promote
inquiry, discovery, and problem solving for
knowledge creation and innovation.
FOSTERING SOCIAL RESILIENCE
PRIORITIES FOR SUSTAINABLE DEVELOPMENT
Creating a secure, zero-divide, regional digital
network grid, to facilitate enhanced services in trade,
education, health, commerce, security, justice, and
government service delivery by 2035.
Accelerating the shift towards sustainable energy
through the increased use of renewable energy
sources and improvements in energy efficiency.
DRIVING ECONOMIC DIVERSIFICATION
BUILDING ENVIRONMENTAL RESILIENCE
PRIORITIES FOR SUSTAINABLE DEVELOPMENT
Strengthening technical capacity, public policies
and planning processes, delivery mechanisms,
monitoring and evaluation, and governance.
Developing a financing framework that
distinguishes financing for Rescue, Recovery, and
Repositioning.
IMPROVING IMPLEMENTATION CAPACITY
BUILDING FINANCIAL ECOSYSTEM
PRIORITIES FOR SUSTAINABLE DEVELOPMENT
FINANCING
FOR RESCUE
- Emergency Policy-based Loans
- Caribbean Catastrophe Risk Insurance Facility
- Insurance-Linked Securities
MARSHALLING FINANCE FOR DEVELOPMENT
MARSHALLING FINANCE FOR DEVELOPMENT
FINANCING FOR
RECOVERY
- Policy-based Loans
- Policy-based Operations
- Extended Financing Facilities
- Contingent Credit Facilities
- Deposit Policy Operations
MARSHALLING FINANCE FOR DEVELOPMENT
FINANCING FOR
REPOSITIONING
- SDG-Themed Bonds
- Special Drawing Rights-denominated Resilience
Bonds
- Contingent Debt Instruments that price-in reforms
- Concessional finance
- Private Equity
THANK YOU

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CDB to Create Regional Financing Ecosystem to Rescue and Reposition Caribbean Economies

  • 1. 2022 Dr. Hyginus “Gene” Leon President, Caribbean Development Bank PRIORITIES FOR GROWTH AND DEVELOPMENT IN THE CARIBBEAN
  • 2. AGENDA CDB’S VISION FOR CARIBBEAN DEVELOPMENT SUSTAINABLE DEVELOPMENT PRIORITIES MARSHALLING FINANCE FOR DEVELOPMENT OF THE REGION
  • 3. CDB’S VISION FOR DEVELOPMENT DEVELOPMENT OBJECTIVES Improving the quality of the lives and capabilities of Caribbean peoples Building a resilient ecosystem in the region Attaining Sustainable Development Goals
  • 4. 01 02 SUSTAINABLE DEVELOPMENT PRIORITIES: RESILIENCE ECOSYSTEM Social: Fostering Learning and Health Networks and a Growth Mindset 1 Production: Driving Economic Diversification Through Embracing Innovation 2 Environmental: Mainstreaming Climate Adaptation and Sustainable Energy 3 Institutional: Improving Governance and reducing Implementation Capacity Deficit 4 Financing: Developing an Innovative Financing Ecosystem 5
  • 5. Creating health and learning networks, leveraging digital technology, to deliver on universal medical service coverage across the region and regional learning systems that leverage scale and efficiency and promote inquiry, discovery, and problem solving for knowledge creation and innovation. FOSTERING SOCIAL RESILIENCE PRIORITIES FOR SUSTAINABLE DEVELOPMENT
  • 6. Creating a secure, zero-divide, regional digital network grid, to facilitate enhanced services in trade, education, health, commerce, security, justice, and government service delivery by 2035. Accelerating the shift towards sustainable energy through the increased use of renewable energy sources and improvements in energy efficiency. DRIVING ECONOMIC DIVERSIFICATION BUILDING ENVIRONMENTAL RESILIENCE PRIORITIES FOR SUSTAINABLE DEVELOPMENT
  • 7. Strengthening technical capacity, public policies and planning processes, delivery mechanisms, monitoring and evaluation, and governance. Developing a financing framework that distinguishes financing for Rescue, Recovery, and Repositioning. IMPROVING IMPLEMENTATION CAPACITY BUILDING FINANCIAL ECOSYSTEM PRIORITIES FOR SUSTAINABLE DEVELOPMENT
  • 8. FINANCING FOR RESCUE - Emergency Policy-based Loans - Caribbean Catastrophe Risk Insurance Facility - Insurance-Linked Securities MARSHALLING FINANCE FOR DEVELOPMENT
  • 9. MARSHALLING FINANCE FOR DEVELOPMENT FINANCING FOR RECOVERY - Policy-based Loans - Policy-based Operations - Extended Financing Facilities - Contingent Credit Facilities - Deposit Policy Operations
  • 10. MARSHALLING FINANCE FOR DEVELOPMENT FINANCING FOR REPOSITIONING - SDG-Themed Bonds - Special Drawing Rights-denominated Resilience Bonds - Contingent Debt Instruments that price-in reforms - Concessional finance - Private Equity