By: Deidre Brathwaite November 12, 2021 Speaking at the first virtual investment forum taking place this week in Trinidad and Tobago, Deodat Maharaj, Executive Director of the Caribbean Export Development…
Category: INTERNATIONAL AGENCIES
CARICOM and Pacific Island Forum agree on need for more adaptation funding for Climate Change
November 12, 2021 Financing for adaptation to climate change was a major focus of discussions between the Secretaries General of the Caribbean Community (CARICOM) and the Pacific Island Forum (PIF)…
The OAS Panel of Experts Welcomes Opening of the Investigation
November 9, 2021 The OAS Panel of Independent International Experts on the possible commission of crimes against humanity in Venezuela, appointed by the OAS Secretary General on September 14, 2017,…
CDB Proposes a Resilience-Adjusted Measure for Small Island Developing Economies (SIDS) to Access Concessional Finance
November 9, 2021 The Caribbean Development Bank (CDB) has proposed a resilience-adjusted Gross National Income (GNI) measure for Small Island Developing States (SIDS) to access concessional finance. Termed the Recovery Duration…
The international community has “failed” on climate change- Adaptation and resiliency key now!
By: Staff Writer November 5, 2021 A United Nations Ambassador has called out the international community for their failure to heed the call of small island developing states from 1989…
IDB Leads Multilateral Development Banks to Boost Nature-Based Investments
November 5, 2021 INTERNATIONAL INSTITUTIONS SIGNED AN IDB LED JOINT-STATEMENT AT COP26 AND ANNOUNCE PLAN TO MAINSTREAM NATURE INTO POLICIES, ANALYSIS, AND INVESTMENTS Multilateral Development Banks (MDBs) led by the…
IDB Launches Plan of Action to Fully Align Operations with Paris Agreement by 2023
November 5, 2021 ALIGNMENT WILL HELP 26 BORROWING MEMBER COUNTRIES MEET THEIR OWN COMMITMENTS TO COMBAT CLIMATE CHANGE The Inter-American Development Bank (IDB) today announced that its loans and projects will be fully aligned with the Paris climate…
IDB Invest Promotes Green Construction, Mobility with Guatemala’s Banco Agromercantil
November 5, 2021 IDB Invest, a member of the IDB Group, is providing a $70 million loan to Banco Agromercantil (Bam), a subsidiary of Grupo Bancolombia in Guatemala, to strengthen…
IDB Invest Issues First Blue Bond in Latin America and the Caribbean
November 5, 2021 IDB Invest announces the issuance of a 50 million Australian dollar, 10-year fixed rate bond, the first blue bond in Latin America and the Caribbean. The announcement…
Haiti will invest in productive infrastructure with IDB’s support
November 5, 2021 THE IDB APPROVED $65 MILLION OF NON-REIMBURSABLE FINANCING FOR THE EXPANSION OF THE CARACOL INDUSTRIAL PARK (CIP), IN THE NORTH OF THE COUNTRY The Inter-American Development Bank…
CDB Proposes a Resilience-Adjusted Measure for Small Island Developing Economies (SIDS) to Access Concessional Finance
November 5, 2021 The Caribbean Development Bank (CDB) has proposed a resilience-adjusted Gross National Income (GNI) measure for Small Island Developing States (SIDS) to access concessional finance. Termed the Recovery Duration…
CDB Joins with World’s MDBs in Global Pledge ‘Nature, People and Planet’
November 5, 2021 The Caribbean Development Bank today joined with the world’s other Multilateral Development Banks (MDBs) in a global pledge to further mainstream nature across its policies and operations,…