CBD Steps Up Partnership With International Financing Institutions To Unlock Resources To Propel Sustainable Social And Economic Development | RJR New…Posted by On


The Caribbean Development Bank is stepping up its partnerships with international financing institutions to unlock resources to propel sustainable social and economic development in its Borrowing Member Countries.

 

Acting President, Isaac Solomon on Tuesday outlined a slate of initiatives the Bank is implementing in conjunction with international development organisations.

 

A major development is the Government of Canada’s CAD$58 million initiative for the Caribbean which will provide financing to accelerate the region’s sustainable energy transition. 

 

The Bank Executive also cited an enhanced cooperation agreement with the Inter-American Development Bank and IDB Invest for a new action plan for regional development focused on digital transformation, climate adaptation, disaster risk management, citizen and business security, food security, and private sector engagement. 



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