June 21, 2022 The current global mechanism for determining access to finance using gross national income (GNI) is inappropriate, “unjust” even, and urgently needs to be replaced. This was the…
Category: INTERNATIONAL AGENCIES
CDB changes methodology in its RDA policy
By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com June 17, 2022 The Caribbean Development Bank (CDB) says it will now include an “Internal Resistance Framework (IRA) into its heavily touted Recovery Duration Adjuster, RDA…
Report to the Permanent Council: MAPP/OAS Urges Progress toward Comprehensive Peace in Colombia
June 17, 2022 The Mission to Support the Peace Process in Colombia of the Organization of American States (MAPP/OAS) delivered today to the OAS Permanent Council its thirty-second report, corresponding…
OAS and CAF Move Forward on Migration and Climate Change Agreements
June 17, 2022 The Organization of American States (OAS) and the Development Bank of Latin America (CAF) agreed to strengthen their cooperation in the areas of migration and climate change,…
CDB calls for closer alignment of national budgets and planning to the SDGs for accelerated development
June 17, 2022 Director of Economics at the Caribbean Development Bank (CDB), Mr. Ian Durant advocated for the Bank’s membership to embrace a new model for national budgeting which more closely aligns with…
AfDB President: Food, Energy and Health Security are Priorities for the Caribbean and Africa to Overcome Mutual Global Challenges
June 17, 2022 Food security, energy security and health security are among the key building blocks needed to overcome the current global challenges which threaten to stymie development on both…
Partnerships the Linchpin to Advance Caribbean’s Development, say MDB Heads
June 14, 2022 Partnerships, whether between multilateral development banks (MDBs), between MDBs and the private sector or even between these institutions and philanthropic entities – will be the linchpin for…
CDB Seminar to Make the Case for Adequate and Affordable Financing for Developing Countries After Natural Hazards
June 10, 2022 With an intense Atlantic Hurricane Season predicted, any vulnerable developing state that suffers a hit this year will have to finance recovery while contending with the fiscal…
OAS Launches Centre for Media Integrity of the Americas
June 10, 2022 The Secretary General of the Organization of American States (OAS), Luis Almagro, launched the Centre for Media Integrity of the Americas, a new hub funded by voluntary…
Financial feasibility key to spurring renewable energy investment in Caribbean
June 7, 2022 Make the dollars make sense. That is what is needed to accelerate the renewable energy (RE) transition in the Caribbean, asserted high level energy industry stakeholders from…
CARICOM STATEMENT ON SUPPORT FOR SAUDI ARABIA HOSTING WORLD EXPO 2030
June 7, 2022 The Caribbean Community (CARICOM) is pleased to announce its support for the candidature of the Kingdom of Saudi Arabia to host Expo 2030 in the City of…