Barbados Renewable Projects Financed by CDB

Barbados renewable projects to receive a boost in funding.

Between 2015 and 2018, Barbados will receive $224 million in financing from the Caribbean Development Bank (CDB), a sponsor of the 2015 Caribbean Renewable Energy Forum, for sustainable development projects.

Barbados Renewable Projects

Source: http://ecowatch.com/2014/07/02/barbados-road-to-renewables/

Outlined in the agreement between the CDB and the government of Barbados are strategic pillars that all funded projects must meet, including, “macroeconomic governance and institutional development; competitiveness and productivity; and green, inclusive development.” Additional information regarding the relationship between the CDB and Barbados can be found in a newly released Barbados Country Strategy Paper 2015-2018.

Read more about the funding here.