OECS, CDB and World Bank Partner to Fight Poverty

OECS, CDB and World Bank Partner to Fight Poverty

The fight against poverty is being accelerated in 2024. Poverty reduction in the context of sustainable development remains high on the agenda for the Organization of Eastern Caribbean States (OECS) Commission, in pursuit of the achievement of Sustainable Development Goal 1- The Eradication of Poverty in all its Manifestations.

Following requests made from Member States as well as the aftershocks of the COVID-19 pandemic which posed health challenges, negatively impacted learning, caused job loss and exacerbated economic and social ills, the OECS Commission in partnership with the Caribbean Development Bank and the World Bank-funded Data for Decision Making Project re-launched the Enhanced Country Poverty Assessment Program and Data Anonymization Workshop on Monday, January 15, 2024, in Port-of-Spain, Trinidad and
Tobago.

The updated Enhanced Country Poverty Assessment Program (eCPA) will accelerate poverty reduction and promote economic stability through the alignment of data with policy direction in the OECS Member States keeping with the provisions of the Revised Treaty of Basseterre in creating an economic union that would facilitate social cohesion, economic development and build resilience.

The Enhanced Country Poverty Assessment was first launched in 2016 to measure the multi-dimensional aspects of poverty and living conditions.

It consisted of five components: the Survey of Living Conditions/ Household Budgetary Survey, the Institutional Assessment, the Macro-Economic and Social Assessment, the Participatory Poverty Assessment and the Poverty Vulnerability Mapping. Additionally, the OECS Commission provided capacity-building training to Member States in support of the eCPA implementation.

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