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Supporting institution

CDB

Caribbean Development Bank

Information presented in this profile is for reference only. The Initiative, its Supporting Institutions and the Secretariat do not endorse the activities, tools or reports included in this profile.

Last updated: November 2021

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Principal Strategic Documents:

In relation to infrastructure, a CDB-commissioned study estimated that the level of spending necessary to increase productivity and competitiveness, boost trade and lead to economic growth over the 10-year period to 2025 was $21.4 bn. It is expected that half of this will be financed by governments under a business-asusual scenario. Closing these infrastructure gaps will be an important part of building economic resilience in BMCs. CDB will continue to support BMCs to close infrastructure gaps in the transport sector (roads, airports, and seaports) as well as help countries respond to issues of water scarcity. The Bank’s interventions will be guided by a revised Transport Sector Policy, Strategy and Operational Guidelines expected to be completed in 2019, as well as capacity building, which includes the integration of climate resilience in the road transport sector. In addition to hard infrastructure development, the Bank will also focus on supporting good governance, planning and transparency; capacity building through improving access to finance, strengthening disaster management and technical capabilities, strengthening institutional and regulatory frameworks; improving data and analytics through the establishment and wider sharing of planning data. With increased emphasis on helping BMCs to build back better and stronger and strengthening investment outcomes, CDB will continue to embed climate resilience measures into infrastructure design and implementation, with Climate Risk and Vulnerability Assessment (CRVA) as the main decision tool.”

Principal Tools and Methodologies:

  • Climate Risk and Vulnerability Assessment (CRVA)

Key reports and other materials published by the institution:

2020 Annual Report