The EU and OECS Training on Climate Finance to Strengthen Investment Partnerships

By Caribbean Business Report  

The European Union (EU), in collaboration with the Organisation of Eastern Caribbean States (OECS) Commission, successfully concluded a regional climate finance training workshop titled “Designing Bankable Project Proposals to Scale Up Access to Climate Finance.” The workshop, held from March 3 – 6, 2025, at the Bay Gardens Inn in Gros Islet, Saint Lucia, was implemented through the Euroclima programme – an EU-funded initiative, co-funded by the German Federal Government through the Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by Gesellschaft für Internationale Zusammenarbeit (GIZ).

The training, which was a response to a 2024 mandate by the OECS Council of Ministers: Environmental Sustainability (COM:ES), strengthened investment partnerships under the EU-Caribbean Global Gateway Investment Agenda. It equipped participants with the knowledge and skills needed to develop concrete, investment-ready project proposals, enhancing their ability to leverage European and international climate finance.

This initiative served as a gateway for future collaborations with European institutions, development banks, and private investors, ultimately fostering tangible climate action and resilience in the OECS region. By the end of the training, participants were better equipped to design, structure, and prepare high-quality climate finance proposals. They developed a deeper understanding of the submission, review, and appraisal processes of major climate finance mechanisms, reducing the learning curve for future applications.   

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  Climate Finance