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Financial Institutions across CARICOM Member States Sensitized on Renewable Energy and Energy Efficiency Project Support Mechanisms

By Team CDF / October 30, 2020 / 0 Comments

Financial institutions across the Caribbean Community this week had the opportunity to learn more about project support systems and tools within the renewable energy and energy efficiency space. Although renewable energy and energy efficiency technologies have seen notable decreases in cost, leading to significantly lower capital needed to invest in new systems, financing renewable energy…

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CARICOM Development Fund signs pact with IICA to jointly support Agriculture Development in the Caribbean

By Team CDF / October 7, 2020 / 0 Comments

Mr. Rodinald Soomer, Chief Executive Officer of the CARICOM Development Fund (CDF) The CARICOM Development Fund (CDF) and the Inter-American Institute for Cooperation on Agriculture (IICA), signed a General Agreement for Technical Cooperation, which will establish a broad framework for collaboration on initiatives geared towards the advancement of agriculture development in the Caribbean region. While…

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CDF and IRENA Collaborate to Boost Low-Carbon Investments in the Caribbean

By Team CDF / October 1, 2020 / 0 Comments

Cooperation will support renewable energy and energy efficiency drive as Caribbean looks to transition away from fossil fuel dependency The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the CARICOM Development Fund (CDF) to support a transition from fossil-fuel dependency to a more resilient and sustainable low carbon economic development model…

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CARICOM DEVELOPMENT FUND Approves US$2.27 Million in Emergency Grant Support for Unemployment Relief in BELIZE

By Team CDF / September 30, 2020 / 0 Comments

The Board of Directors of the CARICOM Development Fund (CDF) at its 6th Extraordinary Meeting held on 18th May 2020, considered and agreed to a request to reallocate to the COVID-19 Unemployment Relief Programme (URP) of Belize, an amount of US$2,272,990 (BZE$ 4,545,980). The disbursement of these funds, projected to commence by early October 2020,…

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CDF Provides Grant Funding for Village Tourism in Saint Lucia

By Team CDF / September 8, 2020 / 0 Comments

Honourable Allen Chastanet, Prime Minister of Saint Lucia and Mr. Rodinald Soomer CEO, CARIOM Development Fund signing the Grant Agreement On Thursday September 3rd, 2020, the CEO of the CARICOM Development Fund, Mr. Rodinald Soomer signed a Grant Agreement with Prime Minister of Saint Lucia, Honourable Allen Chastanet, to provide a sum of US$935,663 or…

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