Monday
June
12 - 23
2023
Time zone
AST

Location
Saint Lucia
Events

53rd Annual Meeting of the Board of Governors

Feb 14, 2023

annual meeting logo featuring multicoloured number 53

The 53rd Annual Meeting of the Board of Governors of the Caribbean Development Bank will take place June 12-23, 2023 in Saint Lucia. The hybrid Annual Meeting will be proceeded by a virtual seminar in April 2023.

The Annual Meeting will bring together the Bank’s highest decision-making body to discuss key development challenges facing the Region and innovative solutions. The Meeting will be held under the chairmanship of the Hon. Philip J. Pierre, Prime Minister of Saint Lucia.

The theme of this year’s Meeting is “Marshalling Finance for Development: Access to Adequate and Affordable Financing.” Sustainable financial solutions for regional development and greater inclusion of private sector partners are high on the agenda.  A focus of the Meeting is also deepening the Bank’s outreach to the youth and strengthen engagement with potential and upcoming young regional leaders.

This year, the Bank's Annual Meeting seminar series will continue with strategically designed fora to bring stakeholders together to devise solutions to urgent regional issues.

Agenda

10:00am - 12:00pm

Seminar: Making Money Work for BetterUtilising International Financial Institutions’ Reserve Finances for Sustainable Development

This seminar will examine and identify pragmatic/workable opportunities for Caribbean countries by examining approaches and recommendations in the international domain, while advancing the ongoing dialogue around Special Drawing Rights and Loss and Damage as a follow up to decisions at COP 27.

During those deliberations it was agreed “loss and damage” funding for vulnerable countries hit hard by climate disasters would be provided and governments establish a “transitional committee” to make recommendations on operationalising both the new financing arrangements and the fund at COP 28.

The seminar will articulate ways in which CDB, as part of the international financial system, can contribute to this exercise.

9:00am – 4:00pm

Youth for Innovation and Resilience (Youth FIRE) Forum - Day 1

Youth innovators and entrepreneurs will be introduced to the theory and practices of Design Thinking.

9:00am - 4:00pm

Youth FIRE: CDB Future Leaders Network Forum- Day 2

 

9:00am - 4:00pm

Youth FIRE: CDB Future Leaders Network Forum- Day 3

 

10:00am - 11:30am

President’s Chat: Innovative Financing for Women

The 2023 President’s Chat will focus on the theme “Access to Finance for Women, in particular Women-owned/Women-led MSME’s” acknowledging that increasing access to affordable and adequate finance remains stymied given persisting barriers which women experience.

The event will feature an all-female panel together with the President of CDB. They will discuss, on a strategic level, the experiences of panel members in improving access to finance for women-owned/led MSMEs and the solutions which have been successfully implemented in the Caribbean and other Regions.

9:30am - 11:30am

53rd Annual Meeting Opening Ceremony

Chairman of the CDB Board of Governors and Prime Minister of Saint Lucia, Honourable Philip J. Pierre will address the Opening Ceremony. CDB President, Dr. Gene Leon will deliver a keynote statement.

7:30pm

23rd William G. Demas Memorial Lecture

This year’s William G. Demas Memorial Lecture will be delivered by Mr. Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC).

10:00am - 10:30am

53rd Annual Meeting Closing Ceremony

Chairman of the CDB Board of Governors and Prime Minister of Saint Lucia, Honourable Philip J. Pierre and CDB President, Dr. Gene Leon will deliver closing statements.

The Honourable Harjit S. Sajjan, Incoming Chairman and Canadian Governor for CDB will also deliver remarks.

3:00pm - 4:30pm

Seminar: Solutions on All Sides- Addressing Multiple Crises to End Gender Inequality in the Caribbean

Multiple crises are worsening existing gender inequalities that affect developing countries, vulnerable groups, and the environment. The current reversal in development poses a threat to our future. Women and girls, youth, persons with disabilities, indigenous groups, and the elderly are disproportionately affected.

To promote resilience and sustainable development in BMCs, there is an urgent need for better access to development financing, progressive, inclusive policies, and collaboration between policymakers, the private sector, and civil society.

This topic is related to the theme because it questions and challenges our current development paradigm, which includes structural challenges that leave our most vulnerable people behind due to limited fiscal space and access to finance, as well as poor targeting and prioritizing of their needs.

This issue also investigates the interdependence of development priorities, recognising that sustainable development cannot be realised unless inequalities are addressed, and gender equality is advanced. There is a need for a reset in the Region toward a more inclusive, resilient, and sustainable ecosystem that will unleash the potential of all Caribbean citizens to unlock a prosperous future.

As a result, within the context of this topic, a discussion focused on development financing alternatives, innovative solutions on investments, deployment and monitoring of public and private finance will attempt to bridge these current gaps.

8:00am - 4:30pm

Indigenous Peoples' Forum

CDB is seeking to deepen engagement with Indigenous Peoples as part of efforts to, inter alia, enhance its work methodology with indigenous communities; ensure cultural relevance of its technical and financial assistance to social services; support culturally relevant infrastructure and livelihoods and safeguard living cultural heritage.

It is also an opportunity, for CDB and its development partners to hear directly from Indigenous Peoples on areas of importance to them.

These actions are critical to inform the Bank’s evidence-based investments designed to close development gaps in alignment with BMCs’ commitment to “Leave No-one Behind” under the 2023 Agenda for Sustainable Development.

Speakers

Dr. Hyginus 'Gene' Leon
President, Caribbean Development Bank
VIEW
Dr. Frannie Léautier
Partner, CEO of SouthBridge Investments
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Ms. Hassatou Diop N’Sele
Vice President for Finance and Chief Financial Officer, African Development Bank Group
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Hon. Philip J. Pierre
Prime Minister of Saint Lucia
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Ms. Sunita Daniel
Chief Executive Officer, Export Saint Lucia
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Ms. Karyl Akilian
Director of Marketing and Business Development, Financial Alliance for Women, USA
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Ms. Sandra Reifer-Wallerson
Senior Manager, Retail Banking, Republic Bank (Barbados) Limited
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Ms. Ashley Outten
Financial Controller, Bahamas Development Bank
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Mr. Isaac Solomon
Vice-President (Operations), Caribbean Development Bank
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Mr. Simon Stiell
Executive Secretary of the United Nations Framework Convention on Climate Change
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Mr. Federico Galizia
Vice President, Risk and Finance, International Finance Corporation
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Mr. John Rolle
Governor, Central Bank of The Bahamas
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Ms. Tonni Brodber
Representative of the UN Women Multi-Country Office- Caribbean
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Ms. Michele Irving
Executive Director, National Women’s Commission, Belize
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Ms. Tamara Huggins
Director, Women’s Voice and Leadership Caribbean Project, Equality Fund
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Ms. Judith Wedderburn
Climate Change and Gender Justice Expert
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Dr. Halimah DeShong
Senior Lecturer & Head, Institute for Gender and Development Studies: Nita Barrow Unit, The University of the West Indies, Cave Hill Campus
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Ms. Nicole Pitter-Patterson
Senior Gender and Trade Expert
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Ms. Keithlin Caroo
Executive Director, Helen's Daughter, St. Lucia
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Ms. Marisa Hutchinson
Environmental Justice Programme Officer, International Women’s Rights Action Watch Asia Pacific
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Ms. Kavell Joseph
Public Policy Consultant, World Bank Group
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Ms. Ashlee Burnett
Founder, Feminitt Caribbean
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Mr. Amilcar Sanatan
Deputy Director, Bureau of Gender Affairs, Trinidad and Tobago
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Mr. Daniel Best
Director, Projects Department, Caribbean Development Bank
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Honorable Kenson Casimir
Minister for Youth Development and Sports, Government of Saint Lucia
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Honourable Cozier P. Frederick
Minister for the Environment, Rural Modernization, Kalinago Upliftment and Constituency Empowerment, Government of the Commonwealth of Dominica
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Statements

Watch

Recording- Solutions on All Sides- Addressing Multiple Crises to End Gender Inequality in the Caribbean
Recording- 53rd Annual Meeting Closing Ceremony
Recording- 23rd William G. Demas Memorial Lecture
Recording- 53rd Annual Meeting Opening Ceremony
Recording- President's Chat: Innovative Financing for Women
Recording- Youth FIRE Forum
Promo Video: Solutions On All Sides
Promo Video: President's Chat- Innovative Financing for Women
Innovative Financing for Climate Action
Securing Our People and Our Future
Driving Holistic Development
Enabling Economic Inclusion in Saint Lucia
53rd Annual Meeting Press Launch

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