Presentation delivered by CDB's President (Ag.), Mr. Isaac Solomon, President (Ag.) at the 2024 Annual News Conference on February 20, 2024 at CDB's Headquarters in Barbados.
2. Partnerships for Resilient Prosperity
COUNTDOWN TO 2030
With time running out
to achieve the
Sustainable
Development Goals
the Caribbean’s
progress is under
threat.
3. We are building financial, social,
environmental, production and
institutional resilience in
Caribbean Countries to increase
capacity to withstand shocks.
Partnerships for Resilient Prosperity
4. A bold new action plan is
necessary for the
Caribbean to achieve the
Sustainable Development
Goals.
Partnerships for Resilient Prosperity
5. THE SUSTAINABLE
DEVELOPMENT GOALS
ARE A BLUEPRINT FOR:
1
Improved
quality of
life
2
Better
economic
opportunities
3
Resilient
prosperity
Partnerships for Resilient Prosperity
6. Partnerships for Resilient Prosperity
CDB INITIATIVES FOR 2024
The Bank will continue
to finance projects,
programmes, technical
assistance and other
initiatives across critical
sectors to build
resilience in our BMCs.
7. We secured $5mn
from the Global
Partnership for
Education for
projects in Grenada
and St. Vincent and
the Grenadines.
Partnerships for Resilient Prosperity
8. We will accelerate
digital
transformation in
Education through
greater integration
of technology in
regional education
systems.
Partnerships for Resilient Prosperity
9. We will
operationalise the
Climate Change
Project Preparation
Fund to help
Borrowing Member
Countries secure
funding for Climate
Action.
Partnerships for Resilient Prosperity
10. We will assist
countries in
establishing
regulatory and
governance systems
to attract more
sustainable energy
investment through
our ASERT
framework.
Partnerships for Resilient Prosperity
11. We will also
continue to
spearhead the
development of a
regional online
Monitoring,
Reporting, and
Verification (MRV)
system for climate
finance tracking.
Partnerships for Resilient Prosperity
12. The CDB/Green Climate
Fund backed Blue Co
Caribbean Umbrella
Coordination Programme
will increase “Blue
Economy” investment
across the Region.
Partnerships for Resilient Prosperity
14. Partnerships for Resilient Prosperity
We must intensify our
pursuit of partnerships to
drive improved
productivity, knowledge
sharing, technology
transfer and the
mobilisation of finance.
15. We’ve teamed up with IDB &
IDB Invest on a bold action
plan for:
• Digital transformation
• Climate Adaptation
• Disaster Risk Management
• Food Security
• Citizens Security
• Private Sector Engagement
Partnerships for Resilient Prosperity
16. We’ve also teamed up with
the Government of Canada
on "SURGE", a $58.5mn
clean energy initiative for
the Caribbean.
Partnerships for Resilient Prosperity
17. We are now an accredited
technical partner of the
Global Infrastructure
Facility, and can access
funds for regional
infrastructure projects.
Partnerships for Resilient Prosperity