The Caribbean Development Bank (CDB), is a regional financial institution with a mandate to support social and economic development in small island developing States in the Caribbean. The entity’s main functions are to assist its borrowing member countries (BMCs) in optimizing the use of their resources by:
Developing their economies and expanding production and trade;
Promoting private and public investment in the Caribbean region;
Mobilizing financial resources from both within and outside the region for development; and
Providing technical assistance
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Accreditation timeline
Accreditation date
13 Oct 2016
AMA execution date
09 Nov 2018
AMA effectiveness date
29 Nov 2018
Entity details
Size
Micro
Small
Medium
Large
Environmental and social risk category
Category C
Category B
Category A
Intermediation 3
Intermediation 2
Intermediation 1
Fiduciary standards
Basic
Project management
Grant award
On-lending/blending:
Loan
Equity
Guarantee
Blending
Projects
FP298
Adaptation
Bahamas
Climate Resilience of the Water Sector in The Bahamas
SAP063
Adaptation
Multiple countries
Scaling up of Caribbean Hydrometeorological and Multi-hazard Early Warning Services (CREWS) in Belize and Trinidad and Tobago
FP275
Cross-cutting
Multiple countries
Scaling up the Deployment of Integrated Utility Services (IUS) to Support Energy Sector Transformation in the Caribbean (Phase 1) Programme
02 Dec 2023 / The Green Climate Fund announced a new co-financing platform at COP28 in Dubai, with funding of USD 1.2 million to develop the initiative.
GCF affirms partnership with the Caribbean Development Bank
09 Nov 2018 / GCF and the Caribbean Development Bank (CDB) signed a legal agreement to open doors for more climate finance projects in the Caribbean region.
Address
P.O. Box 408, Wildey, St. Michael ,, Bridgetown, BB11000, Barbados
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