CDB V

closed

Closed

The Bank and the Caribbean Development Bank ( CDB ) aim to improve the effectiveness of their aid and increase the efficiency of their operations in the Commonwealth Caribbean, by progressively intensifying their collaboration. CDB will complement, and eventually supplant, some current Bank roles in the region. This will enable the Bank, over a 3 -5 year period, to redirect its manpower resources. Project objectives are : a) to enhance the amount and scope of development and financial services offered to common member countries; b) to strengthen CDB to become a more effective regional development institution; and c) to channel, at a lower cost than the Bank could do directly, IBRD / IDA loan funds to eligible member countries. In support of this process, the project will : 1) help CDB improve its institutional capabilities; and 2) provide CDB with additional lending resources in support of its lending operations. In conformity with CDB's recently formulated lending strategy, the Bank's funds will be relent by the CDB in sectors which will make a maximum contribution to the economic development of borrowers for public and private sector projects. Emergency recovery assistance will also be included.

Energy and Extractives,FY17 - Agriculture, Fishing and Forestry,FY17 - Industry, Trade and Services,FY17 - Transportation,FY17 - Water, Sanitation and Waste Management

World Bank Group

Project

Water Supply and Storage, Power Generation (CCGT), Waste Processing and Treatment, Raw Materials, Government