Posts Tagged ‘Credit Risk Abatement Facility’
CARICOM Development Fund (CDF) and International Cooperation and Development Fund (TaiwanICDF) sign Memorandum of Understanding
March 16, 2023, Barbados – The CDF and the TaiwanICDF have signed a Memorandum of Understanding (MOU) that will allow both agencies to collaborate in and facilitate the implementation of activities geared towards supporting sectoral development and supporting women entrepreneurship and women businesses through sustainable energy projects and in particular to jointly support the efforts…
Read MoreCDF and IRENA Collaborate to Boost Low-Carbon Investments in the Caribbean
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…
Read MoreCDF 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),…
Read MoreRegional 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…
Read MoreCARICOM 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…
Read MoreCARICOM 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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