Presentation delivered by CDB's Director of Projects, Mrs. Therese Turner-Jones at the 2024 Annual News Conference on February 20, 2024 at CDB's Headquarters in Barbados.
2. APPROVALS &
DISBURSEMENTS
$461Mn
USD for 22 projects
across a range of
sectors including:
We approved
Supporting Resilient Prosperity
✓ Water
✓ Renewable Energy
✓ Education
✓ Health
$390Mn
We disbursed a
record
USD on Projects,
Programmes &
Technical
Assistance
3. BASIC NEEDS TRUST FUND
PROGRAMME
$30Mn
Close to 100 sub-projects are
under implementation representing an
investment of USD
Supporting Resilient Prosperity
4. Supporting Resilient Prosperity
Project Highlight – Maxfield
Park Children’s Home
Caribbean’s first
state-of-the-art
therapeutic centre
at the Maxfield Park
Children’s Home in
Jamaica.
5. YOUTH ECONOMY – SAINT LUCIA
For our youth economy project. This project
will invest in young entrepreneurs, and curb
unemployment and crime by empowering
youth at risk of gang violence - tackling
unemployment while promoting citizen
security.
$6Mn
In 2023 CDB Approved
Supporting Resilient Prosperity
6. GENDER
She Trades Caribbean Hub: Launched in 2023 –
this programme will provide opportunities for
women entrepreneurs to access markets, networks
and mentoring to grow their businesses.
Membership 2X Global: Leading international
industry group working to increase capital towards
women’s economic empowerment worldwide.
Multilateral Development Bank Working Group
on Gender Equality: Amplifying the Caribbean’s
voice in the international arena.
Supporting Resilient Prosperity
8. TRANSPORTATION
Belize
Eighth Road Project -
George Price
Highway
Improvement Project
The Bahamas
Reconstruction of
the Glass Window
Bridge in
Eleuthera
Supporting Resilient Prosperity
9. Supporting Resilient Prosperity
Grid Interconnection and Renewable
Energy Scaling
CDB is committed to
advancing the
region’s transition to
sustainable energy.
10. PRIVATE SECTOR STRATEGY
2023-28
Our updated Private Sector Strategy for 2023-28
demonstrates our commitment to improving the environment
for commerce and industry.
Supporting Resilient Prosperity
• A CDB/EU Food Security Programme to enhance the
resilience and sustainability of food systems in the Caribbean
with a contribution of EUR 7 million and USD 3mn from CDB.
• Support for the Blue Economy in Barbados and the
OECS
11. Gender-Based Violence
Gender-based violence remains one of the most
pervasive and visible forms of gender inequality in
the Caribbean.
• Financing One-Stop Centres in Saint Lucia and
St. Vincent and the Grenadines
• These will bring the essential services from all
agencies into one place and provide
comprehensive, timely and well-coordinated rapid
responses to victims of the varying forms of
Gender-based Violence.
Supporting Resilient Prosperity
12. Supporting Resilient Prosperity
We will continue to
support our most
vulnerable citizens
through our Basic
Needs Trust Fund
Programme.
The Basic Needs Trust Fund Programme
13. HAITI
Continued support for the country's
national education plan.
Four (4) technical institutes will be equipped.
700 women will be trained in mechanics &
construction.
Supporting Resilient Prosperity
14. 1
Implementation Conditions
Consultancy
Consultancy to determine root causes
of the implementation deficit and how
they should be addressed with
solutions specific to each country.
2
Procurement Support
Proactively use roster of
procurement experts and
develop procurement
capacity in-country.
3
Information Technology
Infrastructure
Use recently upgraded IT
systems to reinforce better
monitoring and reporting on
projects.
HOW WE WILL DELIVER
Supporting Resilient Prosperity