Caribbean Infrastructure

New initiative aims to strengthen Caribbean energy resilience against extreme weather events

July 31, 2025

A new initiative aims to strengthen Caribbean energy resilience in the face of increasingly severe weather events. The Inter-American Development Bank (IDB) estimates that upgrading the Caribbean’s power systems could generate US$4.3 billion in benefits over the next 20 years by reducing recovery costs after extreme weather. To address the challenges of funding, technology, and […]

Caribbean Development Bank launches US$4.36 million grant facility to support climate-smart, gender-responsive, and agriculture-focused development

July 31, 2025

The Caribbean Development Bank (CDB) is launching a US$4.36 million Grant Facility, financed by the Agence Française de Développement (AFD), to support climate-smart, gender-responsive, and agriculture-focused development projects in its Borrowing Member Countries (BMCs). This initiative aims to overcome technical and financial challenges that hinder key projects, while fostering targeted investments. It is part of […]

Eastern Caribbean countries sign US$115 million financing agreement with The World Bank

July 31, 2025

Eastern Caribbean countries have signed a US$115 million financing agreement with the World Bank under the Caribbean Resilient Renewable Energy Infrastructure Investment Facility (CRREIIF). This initiative, aimed at enhancing climate resilience in the Eastern Caribbean Currency Union (ECCU), will focus on improving energy security, reducing reliance on imported fossil fuels, and boosting regional competitiveness by […]

CTO launches Reimagine Plan 2025–2027 to position Caribbean as global leader in sustainable tourism

July 9, 2025

The Caribbean Tourism Organization (CTO) has launched the Reimagine Plan 2025–2027, a three-year strategy designed to position the Caribbean as a global leader in sustainable tourism. Unveiled during Caribbean Week in New York, the plan focuses on five core pillars—sustainability, tourism intelligence, advocacy, market competitiveness, and people development—along with a sixth pillar emphasizing internal operational […]

Guyana launches net billing program to expand rooftop solar and boost distributed energy generation

July 9, 2025

Guyana has launched a net billing program to promote the adoption of rooftop photovoltaic systems up to 100 kW, with larger systems allowed based on customer demand and grid approval. The initiative, led by the Guyana Energy Agency and GPL Inc., enables users to earn credits for excess energy fed into the grid, with unused […]

New regional platform launched to accelerate climate resilience and investment in the Caribbean

July 9, 2025

A new regional platform in the Caribbean has been launched to accelerate financing for resilience initiatives across the region. The platform will focus on identifying and delivering transformative, country-specific investment opportunities while promoting a coordinated regional approach to climate resilience. Source: Green Climate Fund

UK and CDEMA sign MoU to strengthen Caribbean disaster preparedness ahead of 2025 hurricane season

June 13, 2025

Ahead of the 2025 Atlantic Hurricane Season, the UK has signed a new MoU with the Caribbean Disaster Emergency Management Agency (CDEMA) to enhance disaster preparedness and emergency response across the region. The agreement, signed in Barbados, includes adaptable emergency funding mechanisms such as an immediate mobilization fund to enable rapid deployment of response teams […]

CAF and CDB sign landmark MoU to expand development financing and collaboration in the Caribbean

June 13, 2025

CAF and the CDB have signed a landmark MoU to deepen collaboration and expand development financing across the Caribbean. Signed during the CDB’s 54th Annual Meeting in Brasília, the agreement outlines joint efforts in project financing, technical assistance, policy dialogue, and capacity-building in key sectors such as climate action, energy, water, and infrastructure. Source: CAF