Sign up for Updates

Sign up to receive emails when new releases have been added to this page.

CDB: Technical support, diversity critical in Caribbean’s shift to clean energy

Panellists_CDB participates in CREF - supports Caribbean's shift to clean energy

As the Caribbean makes the shift to clean energy, governments need technical support to plan for and implement new technologies. In addition, sector stakeholders could accelerate the Region’s transition to renewables by building diverse partnerships and networks, and improving their engagement with the wider public. These were key themes in the Caribbean Development Bank’s (CDB) presentations during the 2017 Caribbean Renewable Energy Forum (CREF) in Miami, Florida from October 18 to 20.


UKCIF funds for road rehabilitation study in Grenada

The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant of GBP930,000 to the Government of Grenada, to prepare a feasibility study and detailed designs for the upgrade of the western road corridor. The road runs between the capital city, St. George’s in the southwest of Grenada, and Victoria in the northern parish of St. Mark. According to Andrew Dupigny, Head of Infrastructure Partnerships at CDB, it is one of three main road corridors in Grenada.  “This road is a critical route for many persons who work in the capital, and it is also an important link for farmers in the north to get their products to the port facilities in the south. Rehabilitation of this road is expected to improve traffic flow, improve road safety, reduce vehicle operating costs and create a more climate resilient road infrastructure,” said Dupigny.   “This project will allow the Government to determine the most cost-effective way to upgrade the road, while taking into account the provision of […]


CDB funds project to develop digital toolkit for CAPE Environmental Science

The Caribbean Development Bank (CDB) has approved a grant to the Caribbean Examinations Council (CXC) to support the delivery of the Caribbean Advanced Proficiency Examination (CAPE) Environmental Science (ES) syllabus. This will include the development of a digital toolkit, which aims to improve students’ performance in the examination. Director of Projects at CDB, Daniel Best, said that the Project will promote greater environmental awareness among the broader population, fill gaps that exist in the delivery of the Environmental Science curriculum, and improve mastery of the subject by both teachers and students. “Current results suggest that students struggle with topics related to basic ecological principles; pollution and the environment; and sustainable energy use. These topics are key to national and regional sustainability priorities, and are critical to encouraging change in attitudes, practices and behaviours. In addition, Environmental Science students have the potential to take advantage of new and emerging opportunities in the green economy,” said Best. The digital toolkit developed as part of the Project will be available free […]


Taking STEPs towards transforming teaching and learning in Barbados’ schools


Despite significant investments by governments in the Caribbean, student achievement at the end of basic education is still lagging behind expected levels. This could change in Barbados, through the School Teacher Effectiveness Plan (STEPs), an initiative funded by the Caribbean Development Bank (CDB) and the Government of Barbados. STEPs, a critical component of a wider CDB-funded Education Sector Enhancement Project, aims to transform learning and teaching in schools. It was launched on October 10, with a ceremony at the Erdiston Teachers’ College. CDB’s Division Chief in the Social Sector Division, Deidre Clarendon, told the audience that the initiative now being implemented in Barbados could have a positive impact on other countries in the Region. “This represents a watershed in school reform in Barbados and we anticipate that within the context of regional cooperation and integration, other countries will benefit from this bold initiative which has the potential to transform the culture of teaching and learning in schools,” said Clarendon.  The concept of STEPs was framed within the context […]


CDB President concludes meetings in Washington, D.C.

CDB President during a Caribbean Roundtable on Disaster Recovery

President of the Caribbean Development Bank, Dr. Wm. Warren Smith, yesterday concluded a visit to Washington, D.C. for the 2017 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF). The President, accompanied by Vice-President (Operations), Monica La Bennett, attended high-level meetings, met with key stakeholders in the global development community, and held discussions with leaders from regional governments from October 9 to 15, 2017.


CDB unveils plan for new cycle of poverty reduction programme

The Caribbean Development Bank’s (CDB) poverty-fighting flagship programme, the Basic Needs Trust Fund (BNTF) has unveiled an ambitious plan for its ninth cycle. The Bank has negotiated more funds for the BNTF, taken steps to improve the programme’s efficiency and effectiveness, and will strengthen partnerships with the private sector. These innovations are being outlined to BNTF stakeholders during a series of project launch workshops, which are taking place in the nine participating countries, where stakeholders will also receive guidance on implementing the new cycle.   CDB’s Acting Portfolio Manager for BNTF, George Yearwood, said the countries stand to benefit from a grant allocation of USD 40.8 million, which could be boosted by funding secured through private sector partnerships. “CDB has negotiated increased contributions for the Special Development Fund, to secure grant resources for BNTF sub-projects to tackle poverty in the Region. Also, the Bank will seek to leverage additional resources through partnerships with the private sector, charities and other civil society organisations,” said Yearwood. He also noted that Country […]


CDB delegation concludes mission to St. Kitts and Nevis

CDB and Government of St. Kitts and Nevis delegations

A team from the Caribbean Development Bank (CDB) visited the Federation of St. Kitts and Nevis from October 2 to 6 to discuss the country’s development priorities, and to determine the main areas of intervention that CDB could support over the period 2017 to 2021.