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Saint Lucia gets CARICOM Development Fund support to jumpstart Village Tourism Initiative

The Government of Saint Lucia on Friday signed on for the 2nd cycle from the CARICOM Development Fund (CDF). Since its establishment, Saint Lucia has benefited from the CDF. For the first funding cycle, the Saint Lucia CAP (Country Assistance Programme) was valued at approximately USD $6.1 million or XCD $16.47 million in loans and grants and was designed to enhance private sector competitiveness and youth entrepreneurship.

CDEMA to improve disaster response with new procurement procedures

Bridgetown, Barbados, March 13th, 2018 (CDB) – The Caribbean Disaster Emergency Management Agency (CDEMA), with support from the Caribbean Development Bank (CDB), has developed, and will implement new procurement and contract management procedures to facilitate a more streamlined and efficient use of their resource pool, including disaster management funds.

CDB President announces up to US$800M for disaster recovery, amid strong Bank performance in 2017

President of the Caribbean Development Bank (CDB), Dr. Wm. Warren Smith, today announced that the institution is making USD700 to 800 million (mn) available to help Borrowing Member Countries (BMCs) recover from the impact of the 2017 Atlantic Hurricane Season. The funding, which the Bank is providing over the next five years, complements its ongoing work to build resilience in the Caribbean Region.

Guyana Standards Bureau working with CROSQ on Energy Efficiency Standard

The Guyana National Bureau of Standards (GNBS) is working collaboratively with the CARICOM Regional Organisation for Standards and Quality (CROSQ) and other CARICOM countries to develop a standard that will address Minimum Energy Performance for Refrigerators, Air Conditioners and Lighting.
This energy efficiency standard is expected to ensure that all appliances imported into Guyana and the CARICOM Region are labelled, that is, the labels must contain information regarding the energy consumption of the appliances such as, an energy guide or rating, brand name and country of origin.