The 2020 Development Effectiveness Review (DER) is a comprehensive report on the first-year operational achievements and progress in relation to the results monitoring framework of the 2020-2024 Strategic Plan of the Caribbean Development Bank (CDB). The 2020 DER covers a period when the entire world was hit by the COVID-19 pandemic, which is expected to trigger massive economic, financial and social fallout across the globe, including the Caribbean Region. This makes the 2020 DER more critical than ever before.

The Report assesses the development trends, progress, and challenges across the Caribbean and, in particular, Borrowing Member Countries and looks at how CDB operations have contributed to their national, regional, and global development goals and commitments, including the Sustainable Development Goals. It also focuses on how efficiently and effectively CDB manages its operations.