CDB - New Energy Events

Grenada secures US$12.6 million from UK to advance geothermal energy development
April 10, 2025
Grenada will receive approximately US$12.6 million from the UK Government, through a partnership with the Caribbean Development Bank (CDB) and the Foreign, Commonwealth & Development Office (FCDO), to support expanded geothermal exploration drilling near Mount Saint Catherine. Source: ThinkGeoEnergy
CDB approves US$17 million loan to transform education in Saint Lucia
March 13, 2025
The CDB has approved a US$17 million loan to support Saint Lucia’s education transformation initiative, aimed at expanding access to quality education, modernizing infrastructure, and improving teacher training. Source: Jamaica Observer
EIB and CDB launch US$109.4 million initiative to improve water management and protect Caribbean oceans
November 7, 2024
The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) have launched a US$109.4 million initiative to enhance water supply management and protect the ocean ecosystem across the Caribbean. The funding will support projects aimed at improving clean water access, wastewater treatment, solid waste collection, and flood prevention, while also addressing climate change impacts […]
Kingston Harbour Walk Project to enhance climate resilience in Jamaica with US$1.4 million grant from CDB
August 29, 2024
Over 600,000 people in Kingston, St. Andrew, and Port Royal, Jamaica, will benefit from the Kingston Harbour Walk (KHW) Project, aimed at enhancing climate resilience and infrastructure along Kingston Harbour. The project, supported by a US$1.4 million grant from the Caribbean Development Bank (CDB) focuses on protecting the seventh-largest natural harbor in the world, which […]
CDB partners with IFIs and private sector to boost private investment and infrastructure development in the region
August 15, 2024
The CDB has partnered with six International Financial Institutions (IFIs) and private sector entities to boost private investment in the region. As public financing tightens, the CDB, in collaboration with the Global Infrastructure Facility (GIF), aims to advance infrastructure development in emerging markets by encouraging private investment. Source: Dominica News Online
CDB to launch innovative project preparation fund
November 9, 2023
The Caribbean Development Bank (CDB) is launching a climate change project preparation fund to support its Borrowing Member Countries (BMCs) in creating feasible proposals to obtain climate financing. Source: BN Americas
The Caribbean Development Bank and IDB Invest have been selected as two of the recipients of the MDB Challenge Fund
July 6, 2023
The Caribbean Development Bank and IDB Invest are two of the six new recipients of the Multilateral Development Banks Challenge Fund (MDB Challenge Fund), a US$5.25 million fund launched by the Gates Foundation, Open Society Foundations, and The Rockefeller Foundation. The Caribbean Development Bank will use its grant to develop a new risk mitigation instrument […]
CDB explores integrated logistics and transportation system for infrastructure in the region
June 29, 2022
The Caribbean Development Bank is looking to develop infrastructures in the region, such as ports, roadways, farms, storage, warehousing, and standards, with an integrated logistics and transportation system that can provide for the seamless movement of goods and services. Source: Caribbean National Weekly
Montserrat officially begins the first phase of construction for the US$46 million Montserrat Port Development Project
June 29, 2022
Montserrat broke ground on the US$46 million Montserrat Port Development Project, financed with a US$36 million in grant funding by the UK aid through the United Kingdom Caribbean Infrastructure Fund (UKCIF), administered by the Caribbean Development Bank, and US$9.2 million from the Montserrat government. The new port will increase accessibility and improve trade opportunities for […]