The Bahamas has assumed the Chairmanship of the Caribbean Development Bank’s (CDB) Board of Governors, committing to champion climate resilience and strengthen regional disaster response systems throughout its one-year term. With firsthand experience confronting climate-related disasters, The Bahamas brings a critical perspective to the Bank’s climate agenda. The Annual Meeting of CDB’s Board of […]
While debt often carries a negative connotation, when managed well, it allows governments to invest in projects that improve lives and build economic resilience. Against that backdrop, 33 public debt managers from 16 Caribbean countries, including Saint Lucia came together in Jamaica for an intensive workshop on improving debt data quality and transparency. Officials […]
The Caribbean Development Bank (CDB) says Canada’s US$400 Million Portfolio Guarantee announced at the G7 Summit is a game changer. Canada’s groundbreaking announcement at the 2025 G7 Leaders’ Summit, includes a Portfolio Guarantee of up to US$200 million for CDB. This announcement by Canada marks a transformative milestone in expanding development financing for the […]
The OECS Commission has announced the commencement of a pivotal study tour to Guadeloupe, focusing on geothermal energy development. This initiative underscores the OECS’s commitment to advancing sustainable energy solutions and strengthening regional energy independence by tapping into the potential for indigenous, clean power from the heat beneath our feet. This study tour, organised […]
Editorial credit: EWY Media / shutterstock.com The Organization of Eastern Caribbean States (OECS) Commission has hailed the Nevis Geothermal Forum, held on May 26, as a watershed moment for the region’s sustainable energy ambitions. Organized by Island Innovation in collaboration with the Nevis Island Administration and the OECS GEOBUILD programmed as a prelude to […]
The 77th Meeting of the Organization of Eastern Caribbean States Authority has wrapped up in St. Vincent and the Grenadines after detail conversations on the trade and economic impacts of the America First Policies on the region. An update paper to the OECS Authority on the implications of the United States’ “America First” trade and […]
By Government of Barbados, gisbarbados.gov Barbados’ Minister of Environment and National Beautification, Green and Blue Economy, Adrian Forde, has been appointed as the new Chairman of the Partnership Initiative for Sustainable Land Management’s (PISLM) Ministerial Council. Minister Forde’s two-year term began at the recently concluded Fourth Session of the First Ministerial Council of the Partnership […]
By Caribbean Business Report In a powerful demonstration of political unity and regional ambition, Caribbean governments have officially launched the Actioning Blue: Caribbean 30×30 Vision for the Ocean political declaration during a high-level event at the 3rd United Nations Ocean Conference (UNOC3). Held aboard the Art Explorer vessel at Port Lympia, the event was […]
By Caribbean Business Report The Caribbean region must urgently prioritise boosting growth potential through productivity enhancing reforms while simultaneously building resilience against economic shocks and natural disasters. This imperative was highlighted by Dr. Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), during his keynote address at the 25th William G. Demas […]
By Caribbean Business Report At a defining moment for the region, President of the Caribbean Development Bank (CDB), Mr. Daniel Best, underscored the urgent need to build stronger, more adaptive institutions to help Borrowing Member Countries (BMCs) withstand global disruptions and shape their own development future. Delivering his inaugural address at the 55th Annual […]