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 This conference was held from September 24 - 25, 2024

Agenda

CARIF delivers two days of dynamic debate, high-level interviews, incisive panel discussions, deep-dive workshops and extraordinary opportunities for connection and networking.

Leading players will debate the most pressing topics in the Caribbean infrastructure space including:

  • How to incentivize the flow of private finance to sustainable and resilient infrastructure projects? Is now the time for PPPs?
  • What does effective long-range national planning for infrastructure investment look like in today’s day and age?
  • Delivering on modern and integrated transportation infrastructure
  • How to address the need for expanded and modern transmission infrastructure
  • Digital Infrastructure Revolution: How to prioritize investment for maximum impact
  • What should the future of Caribbean healthcare look like and how do we deliver?
  • Addressing cybersecurity across sectors
  • Developing a robust and qualified workforce for modern infrastructure development and operation
  • The challenges and solutions required for water and wastewater management
  • Plus, sector updates and opportunities: transportation, ports and airports, water, healthcare, and more

Away from the CARIF Main Stage, we invite attendees to meet the market through numerous structured and unstructured networking opportunities, including the fountain-side cocktail reception and networking-enhanced thematic roundtables.

Monday

September 23
4:00-5:00

Women in Caribbean Energy & Infrastructure Coffee Hour

We’re excited to introduce a new feature to the CARIF program: the Women in Caribbean Energy & Infrastructure Coffee Hour! In collaboration with RMI | The Women In Renewable Energy (WIRE) Network, this complimentary pre-CARIF event on Monday, September 23 is designed for women and allies who champion the advancement of women and diversity in the regional infrastructure industry. Join us for a relaxed networking session, where you can connect, unwind, and engage with the #CARIF community.

You will be provided with the option to register for the Coffee Hour when you register for CARIF.

In collaboration with: 

 

Tuesday

September 24
8:00-8:45

Networking and Registration

8:45-8:50

Welcoming Remarks

  • Richard Threlfall

    KPMG International
    Global Head of Infrastructure, Government and Healthcare (IGH)

  • Steve Woodward

    KPMG Enterprise
    Partner

8:50-9:45

Is Investment in Infrastructure Poised to Take Off?

After years of fiscal challenges, some regional governments are seeing the results of effective policy. Where is the opportunity to place effective infrastructure upgrades and expansion high on the list of expenditures? How can regional governments drive forward the infrastructure pipeline? How can the private and multilateral communities support efforts? What are the key investments needed to deliver long-term economic growth and resilience?

  • Dr. Armstrong Alexis

    CARICOM Secretariat
    Deputy Secretary-General

  • Lilia Burunciuc

    The World Bank
    Director for Caribbean Countries

  • Joseph Cox

    Institute for Innovation and Growth
    Managing Partner

  • Dr. the Hon. William F. Duguid, J.P., M.P.

    Office of the Prime Minister, Government of Barbados
    Senior Minister

  • Richard Threlfall

    KPMG International
    Global Head of Infrastructure, Government and Healthcare (IGH) Moderator

9:45-10:45

Financing a More Resilient Power Grid

Transmission infrastructure updates and expansion are critical across the whole region. As we strive to deliver cleaner and more secure energy, what are the priorities for grid modernization? How can we ensure reliable integration of renewables and battery storage? How can we guarantee access to more remote population centers? Additionally, what financial models will deliver a glide path to successful deployment? And who is responsible for the cost?

  • Shevonn Cambridge

    Bahamas Power and Light
    Chief Executive Officer

  • Rick Case

    Jamaica Public Service Company Ltd. (JPS)
    Director, Engineering Services

  • Ricaido Jennings

    Barbados Light & Power Company
    Director of Finance

  • Sacha N. Tibbetts

    Caribbean Utilities Company, Ltd.
    VP Customer Service & Technology

  • Rachell Roullet

    FortisTCI Limited
    Vice President of Innovation, Technology and Strategic Planning

  • Chris Burgess

    RMI Islands Energy Program
    Projects Director Global South Moderator

10:45-11:25

Networking and Refreshments

11:25-11:45

Presentation: Cybersecurity for Critical National Infrastructure

Cyber risk is of increasing concern for Caribbean governments,  businesses and critical infrastructure. What are the real risks to Caribbean infrastructure and associated services?  What is the potential impact on investment appetite for project development?  Who should be driving and financing efforts to increase cybersecurity? What is the role of regulation in ensuring effective cybersecurity? How can we increase resilience and be ready for rapid incident response?

  • Derick Burton

    CIBC Caribbean
    Enterprise Security & Fraud Management

11:45-12:30

Ramping Up Financing for Caribbean Infrastructure

Looking more deeply and broadly into available financing solutions. Who are the new players, investment funds or sovereign wealth funds, for example – and what are they looking for in terms of transactions? What is the opportunity for collaboration with regional commercial lenders and multilateral development banks? What trends are we seeing in financial models for infrastructure development and what is driving these developments? Above all, where are the opportunities for investment for all industry players?

  • Ramon Candia

    CIFI
    Chief Investment Officer

  • Adam Carter

    CIBC Caribbean
    Managing Director & Head, Investment Banking, Forex and Derivative Sales

  • Adam Greenfader

    AG&T
    Managing Partner, Miami, Caribbean, and Puerto Rico

  • Victoria Miles

    ImpactA Global
    Founding Partner, Co-CEO and CIO

  • Brian Whitesides

    U.S. International Development Finance Corporation (DFC)
    Director, Structured Finance

  • Dustin Delany

    Dentons Delany
    Chair and Chief Managing Partner Moderator

12:30-12:50

Where is Caribbean Infrastructure on ESG?

Stakeholders, such as banks, investors, regulators have increasing sustainability expectations. But what is sustainability in the context of infrastructure? Isn’t all infrastructure sustainable? What are the challenges in transitioning to more sustainable infrastructure and how would sustainability be measured and managed across the E, S & G?

  • Charlotte Reboul

    KPMG Islands Group
    Manager, Government & Healthcare Advisory

  • Arnaud van Dijk

    KPMG Islands Group
    Partner & Head of ESG

12:50-1:20

Tourism Resurge: Investing in the Infrastructure to Protect the Caribbean’s Life Blood

How can governments and industry stakeholders ensure a growing and sustainable tourism sector for years to come, and to the benefit of island populations? How do we ensure resilience, in its broadest definition, is built into infrastructure planning? How do we protect the region’s unique natural resources?

  • Rogerio Basso

    IDB Invest
    Head of Tourism

  • Isabel de Caires

    CIBC Caribbean
    Director, Investment Banking

  • Nicola Madden-Greig

    Caribbean Hotel and Tourism Association
    President

1:20-2:40

Networking Lunch

2:40-3:00

CARIF Awards Ceremony

3:00-3:30

Infrastructure Development Through a Gender Lens

Part I: Digital Gender & Infrastructure Toolkit-Practical Tools & Strategies for Gender and Inclusion

How to make the business case and to implement gender and inclusion policy and practice, from workforce development, to supply chain management, community outreach and more.

Part II: Infrastructure Solutions for Gender Equality

For infrastructural investments to be truly transformative, they must benefit everyone. This requires a significant shift in how these investments are conceptualised, executed, and managed. How can the industry ensure a gender lens in terms of availability, accessibility, acceptability and quality? What are potential gender-responsive features and solutions of infrastructure investments?

  • Michelle Ottey

    IFC
    Caribbean Hub Lead and Senior Investment Officer, PPP Transaction Advisory

  • Dr. Maria Ziegler

    Caribbean Development Bank
    Gender Specialist, Social Sector Division

  • Laura Diez

    Rocky Mountain Institute (RMI)
    Senior Associate Moderator

3:30-4:30

Strengthening Regional Transportation Infrastructure: Roads, Ports and Airports

Demand on regional transport infrastructure is growing, related to tourism, as well as to serve the needs of island populations. Where are the key pressure points? How can we invest in modern infrastructure that uses more resilient design and materials, and supports long-term need? How, and who, can deliver integrated, customer-centric infrastructure and ensure safety? What project structures and financing models are working best for Caribbean transport infrastructure? What lessons can be drawn from more challenging developments and how can we replicate success stories for new regional airports, ports and road networks?

  • Dr. the Hon. William F. Duguid, J.P., M.P.

    Office of the Prime Minister, Government of Barbados
    Senior Minister

  • Jan Fomferra

    Global Ports Holding
    Chief Financial Officer

  • Marco Monje

    IDB Invest
    Senior Investment Officer

  • Sandra Gonzalez Navarro

    International Air Transport Association (IATA)
    Assistant Director, Airport Development for the Americas

  • Darwin Telemaque

    Port Management Association of the Caribbean | Antigua and Barbuda Port Authority
    Chairman | Port Manager

  • Marcela Silva

    The World Bank
    Regional Director for Infrastructure, Latin America and the Caribbean Region Moderator

4:30-5:00

Refreshments

5:00-5:30

Securing the Economic Opportunity of Coastal Resources and Biodiversity

The region must protect crucial resources- coastlines and reefs- for example, but must also address climate-related challenges facing cities and industry, such as coastal erosion and rising sea-levels? What investments are needed to address these critical challenges? And who bears the responsibility to address and pay for these solutions? Who reaps the benefits? What innovative financing solutions could be deployed as solutions?

  • Lars Kvale

    Chia Network Inc
    Vice President, Market Solutions

  • Telojo “Telly” Valerie Onu

    Quintessence Consulting Inc.
    Managing Director

  • Camille David

    GIZ
    Regional Advisor, Euroclima Caribbean Moderator

5:30-6:30

Water Security & Wastewater Management

The challenge is more pressing than ever, as climate change increases water scarcity, and unsatisfactory wastewater management threatens the health of local populations and the tourism industry. What policy, design, and funding is needed to remedy the situation and how will these solutions be financed?

What is the best way to make targeted investments and address water challenges without spiking rates for consumers?

  • Henry J. Charrabe

    Seven Seas Water Group
    Chief Executive Officer

  • J. Tarik Christopher

    Government of Bermuda
    Acting Chief Engineer, Ministry of Public Works

  • Gloriana Echeverria

    Multilateral Investment Guarantee Agency – World Bank Group
    Senior Underwriter, Latin America and the Caribbean

  • Stuart Hamilton

    Caribbean Water and Wastewater Association | Miya Water
    Vice President | Vice President, NRW Growth

  • Robert Taylor

    Cancara Environment Limited
    Chairman

  • William Ashby

    Caribbean Development Bank
    Division Chief (Ag) Moderator

6:30-7:30

Close of Day and Cocktail Reception

Wednesday

September 25
8:00-9:00

Rise and Shine Roundtables

8:00-9:00

Regional Energy Connection: Political Commitment, Technical Support, Financing and The Infrastructure Need

Rise and Shine Roundtable

  • William Ashby

    Caribbean Development Bank
    Division Chief (Ag) Moderator

  • Gillian Charles-Gollop

    CIBC Caribbean
    Executive Director, Corporate Banking & Sustainable Finance, Corporate & Investment Banking Moderator

How Can Caribbean Ports Drive the Net-zero Transition?

Rise and Shine Roundtable

  • Darwin Telemaque

    Port Management Association of the Caribbean | Antigua and Barbuda Port Authority
    Chairman | Port Manager Moderator

8:00-9:00

Developing Successful Economic Empowerment Zones

Rise and Shine Roundtable

Addressing Transitional Risk for Caribbean Infrastructure Projects

Rise and Shine Roundtable

8:00-9:00

Building Robust Local Labor Markets on Caribbean Islands

Rise and Shine Roundtable

  • Vicky Hitch

    KPMG Bermuda
    Senior Manager, Management Consulting and Accounting Advisory

9:00-9:05

Welcome Remarks

  • Isabel de Caires

    CIBC Caribbean
    Director, Investment Banking

9:05-10:00

The Future of Island Healthcare

What does island health and care look like that directly serves the needs of communities? Are centralized, high-tech hospitals a priority? Or should focus be placed on community health and digital services? As a region, how can we ease the burden on patients when cross island or intra-regional treatment is required? How can governments support this type of care? In the case of climate events, how can we ensure that healthcare remains operational? As we assess the best models for future healthcare, we look at the financing paradigms to deliver on these ambitions.

  • Dr. Maryam Abdool-Richards

    National Infrastructure Property Development Company (NIPDEC)
    Chairman

  • Scott Pearman

    Bermuda Hospitals Board
    Chief Executive Officer

  • Shomari Scott

    Health City Cayman Islands
    Chief Business Officer

  • Dr. the Hon. Christopher Tufton

    Government of Jamaica
    Minister of Health and Wellness

  • Dr. Edward Fitzgerald

    KPMG Islands Group | KPMG International
    Head of Healthcare & Life Sciences | Global Co-Lead, Health Equity & Access in Developing Markets Moderator

10:00-10:40

Are Insurers Prepared to Insure Major Infrastructure Projects?

The cost of insurance is skyrocketing, and access to insurance for property and projects in the region is increasingly challenging. This session takes a closer look at the dynamics of Caribbean insurance and long-term prospects to insure major infrastructure developments. Will insurers be willing to insure major projects? Will the cost of insurance become prohibitively expensive? What role should governments be expected to play to cover the gap? How will this dynamic impact project viability and the infrastructure pipeline?

  • Oliver Jordan

    Caribbean Infrastructure Fund - Caribbean Strategic Advisors Inc.
    Co-Founder and Managing Director

  • Tiago Moraes

    Carpenter Marsh Fac Re, Marsh & McLennan Companies
    Head of Client Fac

  • Roger Kirton

    KPMG in Barbados and the Eastern Caribbean
    Director, Deal Advisory Moderator

10:40-11:00

Integrative Infrastructure: Bridging Planning, Transport, Food Security and Housing for a Resilient Cayman Islands

Honourable Jay Ebanks, Minister for Planning, Agriculture, Housing, Infrastructure, Transport & Development, will detail the Cayman vision and strategy as it relates to the national development planning. Ranging from approaches to road design and construction; public housing and food security, Minister Ebanks will lay out the efforts towards, and opportunities related to, Cayman development.

  • Eric Bush

    Ministry of Planning, Agriculture, Housing, Infrastructure, Transport & Development, Cayman Islands Government
    Chief Officer

  • Gemel Sobers

    CIBC Caribbean
    Director, Corporate Banking - BVI and Cayman Islands Moderator

11:00-11:30

Refreshments and Networking

11:30-12:15

Sustainable Development: How Does Investment In Sustainability Translate Into Economic Wins For the Private Sector?

How and to what extent is the private sector committing to sustainability? We look at best practices for sustainable infrastructure, such as energy efficiency, sustainable materials, and sourcing of materials. What returns are we seeing? Is the tourism sector opting into sustainability at scale? What support do they need in terms of government policy, regulation, and incentive?

  • Giuseppe Mancinelli

    UNOPS
    Deputy Director, Latin America and the Caribbean

  • Kirstin McCarthy

    Sandals Resorts International
    Corporate Director, Sustainability

  • Dr. Damie Sinanan

    Caribbean Export Development Agency
    Executive Director

  • Jeremy Superfine

    Orchid Development
    Chief Operations Officer

  • Gillian Charles-Gollop

    CIBC Caribbean
    Executive Director, Corporate Banking & Sustainable Finance, Corporate & Investment Banking Moderator

12:15-12:45

Food Security: Ensuring the Supply Chain with Better Infrastructure

Food security for island nations has always been a major challenge, exacerbated recently by devastating effects of hurricane Beryl. What infrastructure build is needed to secure local food production and how can we reduce logistical inefficiencies? Where are the key bottlenecks in ports, internal transport infrastructure, import procedures, etc that need to be overcome for more secure access? What can be done to support more robust intra-regional transport?  Where are/should investments being directed to support infrastructure build out and support farmers, especially in response to damage from 2024 hurricanes? How can climate smart agricultural practices and resilient infrastructure be prioritized? How can the implementation of digitization in infrastructure facilities strengthen the supply chain for food?

  • Tristan Hydes

    Ministry of PAHITD, Cayman Islands
    Deputy Chief Officer

  • Darwin Telemaque

    Port Management Association of the Caribbean | Antigua and Barbuda Port Authority
    Chairman | Port Manager

  • Shana Lee

    KPMG in The Bahamas
    Managing Director, Advisory Moderator

12:45-1:30

Moving the Infrastructure Needle with PPPs: The Drivers, Approaches and Lessons Learned in Jamaica’s Infrastructure Strategy

Jamaica has focused on solidifying its economy and now is on accelerating infrastructure development to serve Jamaican citizens, industries, and tourists alike. To do so, the administration is pursuing an ambitious PPP program, supported and guided by IFC’s PPP team. In this conversation with Dr. Nigel Clarke,  Minister of Finance and Public Service, he will discuss Jamaica’s infrastructure strategy, the reasons for pursuing PPPs to deliver infrastructure and lessons other Caribbean nations may draw from  for their own strategies.

  • Dr. the Hon. Nigel Clarke, DPhil., MP

    Government of Jamaica
    Minister of Finance and Public Service

  • Michelle Ottey

    IFC
    Caribbean Hub Lead and Senior Investment Officer, PPP Transaction Advisory

1:30-2:30

Lunch and Close of Sessions

Additional Enrollment Required
2:30-4:00

Workshop I: The “Perfect” Procurement Process for Major Infrastructure Projects

Hosted by KPMG and Stantec

      

This workshop will draw upon lessons learned from procurement processes around the region and determine what approaches result in the best outcomes. Looking at elements such as transparency, bid evaluation, business case requirements, project size, long-term planning and more, the workshop will aim to develop a guide that benefits both sides of the procurement process, through open and honest dialogue between the public and private sectors.

Key topics to be covered:

  • Procurement Methods & Thresholds
    • Direct Procurement
    • 3-Bidder Process
    • Portal RFP 
  • RFP Content & Bid Evaluation
    • Structuring Effective RFPs
    • Criteria for Bid Evaluation
  • Major Project Procurement
    • Developing Business Cases & Conducting Environmental Impact Assessments
    • Master Planning
    • Comparing Traditional Procurement vs. PPP Approaches

Additional Enrollment Required.

  • Trion Clarke

    STANTEC
    Senior Environmental Scientist

  • Scott Hicks

    STANTEC
    Principal, Port & Marine Terminals

  • Vicky Hitch

    KPMG Bermuda
    Senior Manager, Management Consulting and Accounting Advisory

  • Sam Story

    KPMG Islands Group, KPMG
    Head of Infrastructure and Government

  • Richard Threlfall

    KPMG International
    Global Head of Infrastructure, Government and Healthcare (IGH)

Additional Enrollment Required
4:00-5:30

Workshop II: Sustainable Finance and Carbon Trading

Hosted by CIBC Caribbean

This workshop will share insights on the latest trends in sustainable financing globally. It will cover case studies on developing sustainable or green frameworks that support access to a wider investor base and used as a tool for policy signaling related to environmental and social initiatives. The workshop will also address the carbon market trends and the potential to support and drive sustainable initiatives and how this can be beneficial.

Additional Enrollment Required.

  • Siddharth Samarth

    CIBC Capital Markets
    Managing Director & Head Sustainable Finance

  • Larry She

    CIBC Capital Markets
    Executive Director, Global Markets Trading, Global Commodities

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