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CDB hosts workshop to help Haiti deliver better results for MSMEs

  Across the world, development agencies and governments are increasingly being held accountable for their spending. This has prompted a global shift in focus to delivering measurable results, and strengthening monitoring and evaluation for better decision-making. The Caribbean Development Bank (CDB), committed to the Managing for Development Results (MfDR) agenda, recently delivered training to help organisations that support micro, small and medium-sized enterprises (MSMEs) in Haiti build capacity in this area. The five-day national workshop was held from August 21 to 25, 2017 and targeted business support and community development organisations (BSCDOs) that provide financing and technical assistance to MSMEs.  Thirty officials, comprising mid-level to senior staff engaged in the design and/or implementation of MSME development programmes and projects from Haiti’s BSCDOs, participated. “The workshop was designed to strengthen the capacity of organisations central to MSME development in Haiti so that they can better monitor, measure and evaluate results. Learning events like this one are part of the Bank’s ongoing commitment to invest in results-focused programmes and projects […]


Providing training to protect livelihoods in Dominica after Erika

Tropical Storm Erika displaced thousands of people in Dominica in 2015, including 800 of the 900 residents who live in the villages of Petite-Savanne and Dubique. In response to the pressing needs of the displaced residents of these two communities, the Caribbean Development Bank (CDB) provided training that assisted them in resuscitating and protecting their livelihoods through CDB’s Basic Needs Trust Fund (BNTF) Programme. It also prepared residents to better respond to future natural disasters. The training took place from April to November in 2016. The need for the initiative was articulated by the Government of Dominica through the Ministry of Social Services, Family and Gender Affairs and the Ministry of Planning Economic Development and Investment. It was determined that, despite the immediate relief assistance the two displaced communities were receiving from the State, they needed support to become more resilient to natural disasters in the long-run. “They needed assistance that enhanced their coping skills and mechanisms, to make them more resilient as they transition to new locations […]


CDB introduces Cultural and Creative Industries Innovation Fund to regional practitioners at CARIFESTA XIII

Building on the recent announcement of its provision of initial capitalisation for the Cultural and Creative Industries Innovation Fund (CIIF), the Caribbean Development Bank (CDB) recently introduced the CIIF to approximately 100 cultural practitioners, policymakers and academics from across the Caribbean. The occasion was the Cultural Policy and Intellectual Property Rights Workshop, held as part of CARIFESTA XIII in Barbados on Sunday August 20, 2017, sponsored by CDB. Lisa Harding, Investment Officer, Private Sector Development Unit, CDB, noted that the CIIF was developed to support an enabling environment for the development of the cultural industries sector, and could make the cost of doing business more affordable for Regional cultural practitioners.  “This Fund is born out of the fact that we recognise there’s a void in the financing ecosystem. There are gaps, especially in grant funding for creative industry entrepreneurs and stakeholders in general. We consulted with several stakeholders to come up with a model that we believe will help to support the sector. The areas which the Fund […]


Caribbean STEM students graduate from summer science programme in Barbados

Science, Engineering, Technology, Mathemathics

CDB-sponsored SPISE students, Tracey Moyston, from Saint Lucia, and Desmond Edwards from Jamaica. On Friday August 11, the annual Student Programme for Innovation in Science and Engineering (SPISE) came to a close, with students from across the Caribbean demonstrating their newly acquired skills in areas such as robotics, renewable energy and computer programming. This year, 24 scholars graduated from the four-week programme, which aims to groom the Region’s next generation of leaders in science, technology, engineering and mathematics (STEM). This year, the Caribbean Development Bank (CDB), provided funding for two students to attend SPISE 2017: Tracey Moyston, from Saint Lucia, and Desmond Edwards from Jamaica. The four-week residential programme ran from July 15 to August 11 at the Cave Hill Campus of the University of the West Indies.  “At CDB, one of our corporate priorities is to improve quality of, and access to, education and training in the Caribbean. SPISE is an initiative that we are very happy to support, as it allows gifted STEM students to develop […]


Improving access to social services in Saint Lucia

George Charles Residents Get Comfort Station

The Caribbean Development Bank’s flagship poverty reduction programme, the Basic Needs Trust Fund (BNTF), has invested more than USD0.5 million to improve the quality of life for the most vulnerable in Saint Lucia. In the urban George Charles Boulevard community, houses generally do not have showers and indoor plumbing, and the community standpipe has been some residents’ main facility for personal hygiene activities and washing. The absence of water and the lack of access to sanitation not only exacerbated the socio-economic issues in the area but also posed health risks due to the unhygienic practices. A comfort station featuring toilet facilities, showers and a laundry was opened in July 2017, with funding through the BNTF. It responds to the need for improved wellbeing and health, and enhanced access to water and sanitation in the community. The new station was constructed at a cost of USD250,000, to which the Government of Saint Lucia made a 5% contribution.   Meeting the demand for child care services BNTF has also invested […]


CDB supporting government of Belize in providing basic amenities

Conejo Creek Water Project funded by BNTF

The Caribbean Development Bank (CDB) continues to support the Government of Belize in providing water, sanitation and health facilities to communities where these amenities were not readily accessible.  Two water and sanitation sub-projects funded by CDB, which will provide more than 1,000 villagers in two communities with access to potable water, were inaugurated on July 20, 2017. The new solar energy-powered water systems will ensure that the men, women and children of Pueblo Viejo Village and Conejo Creek Village have access to a supply of safe water to meet their daily needs such as cooking, drinking, bathing and washing. These systems will also contribute significantly to the reduction in the vulnerability of the villagers to water-borne, food-borne, vector-borne and communicable diseases; thus improving the quality of life of over 141 families. Prior to the rehabilitation of Pueblo Viejo Village and Conejo Village  Water Systems, residents from both villages experienced challenges to access safe potable water and obtained water from creeks, vats, hand-pumps and wells that often ran empty […]


CDB provides support for young Caribbean STEM scholars

Sueann Tannis (centre), Head of Corporate Communications, CDB, with Desmond Edwards (left) and Tracey Moyston (right), 2017 CDB-sponsored SPISE scholars during an event held to welcome the programme’s 2017 cohort.

The Caribbean Development Bank (CDB) has once again partnered with the Caribbean Science Foundation (CSF) for the 2017 edition of the Student Program for Innovation in Science and Engineering (SPISE). SPISE is a five-week residential programme for talented students from across the Caribbean, which focuses on Science, Technology, Engineering and Mathematics (STEM). This year, CDB will provide funding for two students to participate in SPISE – Tracey Moyston, who is from Saint Lucia, and Desmond Edwards from Jamaica. Tracey is a student of the Sir Arthur Lewis Community College, currently studying Biology, Chemistry and Physics. Desmond is a student of Campion College, who aspires to be a chemical or biochemical engineer. “I believe that with SPISE I will gain more knowledge and information which would aid me in the field that I wish to study. I expect the SPISE program to push me a little further with my work and help me advance my level of thinking, all for which I am prepared,” said Moyston. “I anticipate that the […]


CDB provides grant for implementation of safe schools programme in six countries

The Caribbean is vulnerable to multiple natural hazards, including hurricanes, floods and earthquakes. The education sector is particularly vulnerable, and over the last two decades, this sector has suffered major damage and losses due to the impact of natural hazards. The frequency and intensity of these events are projected to increase as a result of climate change, thereby posing greater threats to the education sector. The Caribbean Disaster Emergency Management Agency (CDEMA) has developed a Model Safe School Programme (MSSP) toolkit to address some of these vulnerabilities in the education sector. It provides guidance for the development of a National Safe School Policy and tools for assessing the level of safety and greening of schools. During the period 2014-2015, the toolkit was piloted in four schools in three Caribbean countries. On July 20, the Caribbean Development Bank (CDB) approved grant funding of EUR746,000 to CDEMA to further implement the MSSP toolkit in six countries: Antigua and Barbuda, Barbados, Dominica, St. Kitts and Nevis, St. Lucia, and St. Vincent […]


CDB and UN Women partner to support data collection on Gender-Based Violence in the Caribbean

Gender-Based Violence

The Caribbean Development Bank (CDB) and UN Women have signed an agreement to support a common approach to measuring Gender-Based Violence (GBV) in the Caribbean. Although GBV, in particular violence against women and girls, affects much of the Region, many countries do not generate or have access to comprehensive data on the frequency, nature and response to this issue. The agreement was signed today at CDB’s headquarters in Barbados. It makes provisions for both agencies to work together to close the data gap, ensuring regional policy measures are put in place to address the problem more effectively. “This agreement aims to support the CARICOM Secretariat in building regional knowledge transfer and sustainability in systematic collection, analysis and dissemination of comparable prevalence data on GBV in the Caribbean. This intervention is part of a broader project in which CDB and UN Women will cooperate in the production of data on gender-based violence in the Region and the building of regional capacities in this regard,” said Monica La Bennett, Acting […]