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Towards a new policy to shape the future of education in the Caribbean

stakeholders who attended the consultation to discuss education in the Caribbean

When the Caribbean Development Bank (CDB) launches its new Education and Training Policy and Strategy later in 2016, it will have had the input of some of the Caribbean Region’s key stakeholders. The Bank has undertaken a consultative process to ensure that the document, which will guide its funding and support for education and training in the Region, is aligned to countries’ specific needs. In addition to guiding the Bank’s development assistance to its Borrowing Member Countries (BMCs), the Strategy and Policy will take into account regional and global agendas on education.

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CDB funding to help Caribbean music industry go digital

Caribbean Music Industry - headphones on a laptop

The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant to support the digitalisation of Caribbean music. This intervention responds to the global shift to digital music distribution, which has placed the Caribbean music industry at a significant disadvantage on the international scene. “With the shift toward digital music distribution, many who work in the Caribbean music industry have been unable to achieve meaningful levels of success. We know that this investment has the potential to transform the regional music industry—a transformation that could set many Caribbean nations on a path to sustainable economic growth and competitiveness,” said Daniel Best, Director of Projects, CDB.

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CDB approves funding for a more climate-resilient Caribbean transport sector

The Caribbean Development Bank (CDB) has approved funding to address the high incidence of damage to the road infrastructure in Caribbean countries by natural hazard events and the potential for the loss of roads by rising sea levels. Through a technical assistance project, the Bank will fund a study on approaches for mainstreaming climate resilience into the road transport sector in its Borrowing Member Countries (BMCs).

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UKCIF Funds to rehabilitate Road Networks in Antigua and Barbuda, Dominica

Dominica, Road, UKCIF

Antigua and Barbuda, and Dominica are the first countries to access funding from the United Kingdom Caribbean Infrastructure Partnership Fund (UKCIF), as the Board of Directors of the Caribbean Development Bank (CDB) have approved a grant of GBP186,000 to assist Antigua and Barbuda in the rehabilitation of its road network. A grant of GBP794,000 was also approved to assist Dominica with post-Tropical Storm Erika recovery efforts. “The road networks of Antigua and Barbuda, and Dominica, play a fundamental role in the promotion of inclusive growth and sustainable development. The passage of Tropical Storm Erika in Dominica clearly illustrated the threats that are posed by the impacts of climate change related events on road infrastructure. We are pleased that this grant funding is available to facilitate the development of a more sustainable and climate-resilient approach to the design, construction and maintenance of our road networks.” said Andrew Dupigny, Head, Infrastructure Partnerships at CDB. The Antigua and Barbuda grant will assist the Government in conducting a feasibility study, as well […]

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CDB supports establishment of Regional Energy Efficiency Building Code

A Caribbean Development Bank supported workshop has occasioned agreement among Caribbean Community (CARICOM) countries to develop strategies that promote buy-in and early adoption of the establishment of a Regional Energy Efficiency Building Code and Minimum Energy Performance Standards.

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CDB unveils new programme to assess poverty in the Caribbean

Officials from the Caribbean Development Bank and OECS Commission

Across the Caribbean, policymakers rely heavily on the availability of timely, accurate and reliable poverty data to support national and regional development initiatives. Despite making considerable progress on how they measure poverty, many countries in the Region do not frequently update or report on key poverty indicators, and are not able to assess the non-income dimensions of poverty and human development. On Tuesday, July 26, 2016 in Saint Lucia, the Caribbean Development Bank (CDB) launched a programme designed to address these challenges, and improve the way its 19 Borrowing Member Countries (BMCs) assess poverty and gain access to data from these assessments.

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CDB funds development programme for male youth in Dominica

The Caribbean Development Bank (CDB) has partnered with the Caribbean Male Action Network (CariMAN) on a pilot project which will focus on sport, music and the personal developmental needs of youth in Dominica, especially young men. CDB has provided a grant of USD49,500 to the project which launched on July 1, and will benefit seven schools. It aims to empower youth with relevant employable and coping skills, and produce youth ambassadors to act as advocates among their peers—including those exposed to violence and abuse.

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