Posts Tagged ‘CRAF’

CDF gears up to implement pilot project launch of CRAF in 2020

Bridgetown, Barbados, 12th September 2019: The details of a major new financing facility that will make it easier for businesses to access credit to implement renewable energy solutions, are currently being designed in preparation for implementation in the Caribbean region. The Credit Risk Abatement Facility (CRAF) is being developed by the CARICOM Development Fund (CDF),…

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Regional Energy Consumers to Benefit most from New CARICOM Development Fund (CDF) led Credit Risk Initiative

Mr. Wayne Vitalis, Financial Controller, CDF looks on whilst Ms. Paula James of the St. Lucia Manufacturers Association makes a point at the recent validation workshop held in Suriname.   Energy consumers across the Caribbean Community (CARICOM) are expected to be the main beneficiaries of an ongoing initiative that seeks to facilitate ease of access…

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CARICOM Development Fund (CDF) Board meets ahead of workshop to tackle Energy Financing and Investment Challenges

L to R: Mr. Arden Warner (CDF Board Secretary), Mr. Rodinald Soomer (CEO), Dr. Sherwyn Williams (Chairman), Mr. Angus W. Vitalis (Financial Controller), Ms. Yvette Alvarez, Ms. Beverly Best, Mr. Bernard Lord and Dr. Richard Brown (CDF Board Directors) and Mr. Alex Joubert (CAMCO Director)   Sustainable financing for the Region’s energy sector will come…

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CARICOM Development Fund (CDF) commences Study on the Development of a Credit Risk Abatement Facility (CRAF)

The CARICOM Development Fund (CDF), in collaboration with the Caribbean Community Secretariat (CARICOM) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), have commenced work on the establishment of a Credit Risk Abatement Facility (CRAF) for the benefit of Small and Medium Size Enterprises (SMEs) with an initial focus on the Energy Efficiency/Renewable Energy Sector. A team…

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