comments feedCastries, Saint Lucia, November 3, 2022 — As Caribbean consumers face high energy prices due to a heavy reliance on costly and volatile fossil fuel imports and, with projected increased climate vulnerability, the World Bank partners with the United Kingdom’s Foreign, Commonwealth & Development Office, the Canada Clean Energy and Forests Climate Facility and the Climate Investment […]
World Bank partners with UK, Canada, CIF to support geothermal exploration in Saint Lucia
November 3, 2022 by Leave a Comment
Dominica’s resilience and sustainable growth to be strengthened by the World Bank
June 4, 2022 by 1 Comment
WASHINGTON, June 3, 2022 – The World Bank Board of Executive Directors has approved two loans for Dominica: the Dominica Second Covid-19 Response and Recovery Programmatic Development Policy Credit for US$30 million and the Dominica Disaster Risk Management Development Policy Financing for US$20 million. Both operations are expected to accelerate the recovery from the impacts of COVID-19, protect the lives […]
Eastern Caribbean secures US$27 million from the World Bank to improve data-driven Decision Maki
May 17, 2022 by Leave a Comment
Project aims to strengthen statistical systems and data production to better inform policymaking in the region – including gender and climate change WASHINGTON, May 17, 2022—The World Bank Group (WBG) approved today financing of US$22 million to Eastern Caribbean countries— Grenada (US$8 million), Saint Lucia (US$8 million), and Saint Vincent and the Grenadines (US$6 million)—as […]
Belize secures US$25 million from the World Bank for Climate-Resilient Agriculture
March 14, 2022 by Leave a Comment
WASHINGTON, March 14, 2022 – The World Bank’s Board of Executive Directors has approved financing of US$25 million for the Belize Climate Resilient and Sustainable Agriculture Project, which will aim to increase food production capacity and the adoption of climate-smart agricultural approaches among project beneficiaries. The project will provide over 7,000 farmers with weather data and […]
World Bank Delegation meets with OECS Youth Advisory Network
October 8, 2021 by Leave a Comment
Friday, October 8, 2021 — Challenges facing the region’s youth were at the fore of an inaugural meeting with the World Bank and the OECS Youth Advisory Network held on Tuesday, October 5, 2021. The World Bank delegation, led by Country Director for the Caribbean Country Management Unit Lilia Burunciuc, engaged the grouping of young people […]
World Bank approves US$100 Million for The Bahamas’ COVID-19 response and recovery
May 25, 2021 by Leave a Comment
WASHINGTON, May 25, 2021 – The World Bank Board of Executive Directors approved today a US$100 million COVID-19 Response and Recovery Development Policy Loan for The Bahamas. The operation will support the country’s efforts to provide COVID-19 relief and lay the foundation for a resilient economic recovery.  “The COVID-19 pandemic came on the heels […]
World Bank provides US$20 Million for Saint Vincent and the Grenadines’ response to La Soufrière eruption
April 12, 2021 by Leave a Comment
WASHINGTON, April 12, 2021 – The World Bank disbursed US$20 million to support the Government of Saint Vincent and the Grenadines’ response to the crisis posed by the La Soufrière volcano eruption. The explosive eruption began on April 8 and has required the evacuation of 20,000 people from the high-risk zones around the volcano, both […]
The OECS lauded for ‘people-centred’ development
March 31, 2021 by Leave a Comment
By Susanna DeBeauville-Scott & Vincent Lewis Tuesday, March 30, 2021 — The Organisation of Eastern Caribbean States (OECS) has been lauded by a key partner —Dillon Consulting— for making stakeholder engagement a key component of its development initiatives. The consulting firm recently developed Coastal Master Plans and Marine Spatial Plans for five OECS Member States under […]
World Bank approves US$20 million credit for Grenada’s transition to a resilient blue economy
December 17, 2019 by Leave a Comment
By Hannah McDonald-Moniz External Affairs Officer, The World Bank Courtesy The World Bank Tuesday, December 17, 2019 — WASHINGTON —The World Bank Board of Executive Directors approved a US$20 million credit to support Grenada’s transition to a resilient blue economy. The Second Fiscal Resilience and Blue Growth Development Policy Credit fosters reforms to support fiscal sustainability, […]
Bretton Woods at 75: The future of multilateralism
October 20, 2019 by Leave a Comment
*Monday at Georgetown Law + via Live Stream* As the World Bank and IMF turn 75, experts discuss the “crisis of multilateralism” and the future of trade, inclusive globalization, human rights & governance and more WASHINGTON – Georgetown Law’s Center for the Advancement of the Rule of Law in the Americas (CAROLA) together with the Bank Information Center […]
