Caribbean Development Bank

Type Direct (Regional)
Date of accreditation 14 Oct 2016

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

Accreditation timeline

Accreditation term 1

29 Nov 2018 - 28 Nov 2023

Accreditation date

13 Oct 2016

AMA execution date

09 Nov 2018

AMA effectiveness

29 Nov 2018

Term end date

28 Nov 2023

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

Documents

Title	Type	Date
Blue Co Caribbean Umbrella Coordination Programme CDB	Approved project preparation funding application	27 Nov 2023
Mainstreaming Climate Resilience into Water Sector Planning, Development and Operations in Saint Lucia CDB	Concept note	28 Apr 2023
Mainstreaming Climate Resilience into Water Sector Planning, Development and Operations in Saint Lucia CDB	Approved readiness proposal	16 Feb 2023
Readiness Support for the Implementation of the IRMF for the Caribbean Development Bank (CDB) CDB	Approved readiness proposal	04 Jul 2022
Scaling up the deployment of Integrated Utility Services (IUS) to support energy sector transformation in the Caribbean (Phase I) CDB	Approved project preparation funding application	03 Dec 2021
Caribbean Development Bank (CDB) Entity Work Programme: Four Year Cycle (2020-2023) CDB	Entity work programme	15 Jan 2021
Belize Development Finance Corporation Capacity Strengthening for Accreditation to the Green Climate Fund CDB	Approved readiness proposal	03 Dec 2020
Climate Resilience of the Water Sector in The Bahamas CDB	Approved project preparation funding application	23 Oct 2020
Transforming Finance to Unlock Climate Action in the Caribbean CDB	Approved project preparation funding application	20 Sep 2020
Institutionalizing a common framework for climate finance MRV to enhance complementarity and coherence for climate action in CARICOM States CDB	Approved readiness proposal	27 Aug 2020

Pages

News + Stories

Plugging the finance gap in the Caribbean

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.

Contacts

Ms. Valerie Isaac

Primary

Coordinator, Environmental Sustainability Unit
P.O. Box 408, Wildey, St. Michael, Bridgetown, Barbados

Phone 246 539 1742
valerie.isaac@caribank.org

Mr. Derek Gibbs

Secondary

Climate Finance Specialist, Environmental Sustainability Unit
P.O. Box 408, Wildey, St. Michael, Bridgetown, Barbados

Phone +246 431 1928
derek.gibbs@caribank.org
CDB-GCF@caribank.org