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Portfolio of Services to Support Innovations in Agriculture

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Presentación (inglés) de Luther St. Ville (Caribbean Development Bank) en el marco del Eleventh regional planners forum on agriculture and Symposium on innovation systems for sustainable agriculture and rural development, realizado en Barbados del 13 al 15 de septiembre de 2017.

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Portfolio of Services to Support Innovations in Agriculture

  1. 1. Portfolio of Services to Support Innovations in Agriculture Presented by: Luther St. Ville
  2. 2. • To contribute to the harmonious economic growth and development of member countries in the Caribbean • To promote economic cooperation and integration among them, having special and urgent regard to the needs of the less developed members of the Region. Purpose
  3. 3. Regional Members Borrowing Member Countries • Anguilla • Antigua and Barbuda • Bahamas, The • Barbados • Belize • British Virgin Islands • Cayman Islands • Dominica • Grenada • Guyana • Haiti • Jamaica • Montserrat • St. Kitts and Nevis • St. Lucia • St. Vincent & The Grenadines • Suriname • Trinidad and Tobago • Turks and Caicos Islands
  4. 4. CDB Non- Borrowing Members REGIONAL MEMBERS: - Columbia - Mexico - Venezuela NON-REGIONAL MEMBERS: - Canada - China - Germany - Italy - United Kingdom
  5. 5. SOURCES OF FUNDING 1. OCR – Ordinary Capital Resources 2. SFR - Special Funds Resources – concessionary resources
  6. 6. Intervention Modalities 1. Direct Financing 2. Indirect Financing: - National Development Banks - Private Commercial and Merchant Banks
  7. 7. Areas of Intervention • Agriculture and Rural Development • Water and Sanitation • Private Sector Development, Innovation and Creative Industries • Sustainable Energy (RE and EE) • Regional Cooperation and Integration
  8. 8. Application a) Public Sector/Regional Institutions - letter of request for funding b) Private Sector - loan application form - basic legal and financial data for preliminary screening, eligibility assessment
  9. 9. Intervention Modalities Technical Assistance Grants Designed to assist BMC’s in accelerating economic development through planning, programme development and implementation and institutional support.
  10. 10. Evaluation System Strategic Relevance Conforms to the development strategy of the BMC and meets CDB’s strategic objectives and corporate priorities.
  11. 11. Evaluation System Poverty Relevance • Enhances the capability of the poor by equipping them to take advantage of economic opportunities; and • Prevents the poor from descending deeper into poverty.
  12. 12. Trust Funds • 10th European Union (EU) Economic Partnership Agreement Standby Facility for Capacity Building - Benefited – 15 Countries - 2 projects per country Similar facility under 11th EDF?
  13. 13. Trust Funds • Community Disaster Risk Reduction Fund (CDRRF) • Compete Caribbean – IDB, DFID, DFATD and CDB
  14. 14. Caribbean Technology Consultancy Services (CTCS) Network (since 1982) • Advisory Services • National and Regional Training Workshops • Training Attachments • Technical Publications
  15. 15. Recent CDB Projects • Strengthening Food Safety Management Systems – Grenada • Development of an Evidence-Based, Gender Equitable Framework for Climate Smart Agriculture – Guyana • Caribbean Agriculture Sector Review and Development of CDB’s Agriculture Sector Policy
  16. 16. Recent CDB Projects • Essex Valley Agriculture Development Project - Irrigation System – 700 Hectares - Photovoltaic System – 3.1 MW • Development of an Integrated Disease Management Programme for Black Sigatoka Disease • Cassava Industry – Market Assessment and Technology Validation
  17. 17. SUMMARY • Ministry of Finance and/or planning – main CDB interlocutor in BMCs • Provides support to the agriculture sector – directly and indirectly • Increase Partnership with Regional Institutions • Limited Grant Financing – Need to be Strategic
  18. 18. CONTACT INFORMATION • Telephone No.: (246) 431 1600 • Website: http://www.caribank.org • E-mail address: info@caribank.org

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