This document presents a synthesis of the main findings and lessons learned from evaluations completed in 2025 and published in early 2026, as well as from Project Completion Validation Reviews (PCVRs) conducted between 2023 and 2025. Together, these sources provide a consolidated view of the evidence emerging from the Caribbean Development Bank's recent evaluation portfolio.The evaluations and PCVRs offer important insights into what is working well, where challenges persist, and what lessons can be drawn to strengthen future programming. They provide evidence for the Bank, its Borrowing Member Countries (BMCs), and the Board of Directors to inform decision-making, enhance development effectiveness, and strengthen the design and implementation of future interventions.
Second Water Project - Belize (2018)
Water Resource Management
Project Completion Validation Report
Complete
Belize
Summary
In December 1997, the Caribbean Development Bank (CDB) approved a loan in the amount of USD13.83 million (mn) to the Government of Belize (GOBZ) to assist in financing the Second Water Project - Belize. This was the second project and the fifth loan provided to GOBZ, by the Caribbean Development Bank (CDB), in the Water and Sewerage sector. The loan was to finance approximately 79% of the estimated project costs of $34.95 mn (USD17.47 mn). The funds were to be utilised for: upgrading of intake works and a water treatment plant; supply and installation of a transmission main; upgrading of two re-lift pump stations; expansion of a distribution network; non-revenue water reduction measures (including the installation of new or recalibration of existing bulk flow meters); and upgrading of the computerised billing and accounting system. The GOBZ and the Water and Sewerage Authority (WASA) were to provide counterpart funding of $0.44 mn (USD0.22 mn) and $6.85 mn (USD3.42 mn) respectively, to meet the remaining project costs.