What We Do
OVERVIEW
The CARICOM Development Fund (CDF) enhances social and economic cohesion within, and builds the resilience of, its Member States. It delivers financial and technical assistance through programmes – Country Assistance Programmes (CAPs), Credit Risk Abatement Facility (CRAF), Article 164 Programme of Support Measures, and the Caribbean Community Resilience Fund (CCRF) – that are aligned to its Mandate and Member States’ development priorities.
Collaboration with key stakeholders in Member States to promote commitment to and ownership of CDF-supported projects, and supporting Member States with the implementation of transformative but challenging projects – are the hallmarks of What We Do.
CDF FINANCING
$168,620,229
CDF COUNTRY FINANCING
guyana
US$35.16M
dominica
US$22.66M
St. Lucia
US$20.57M
St. Vincent & The Grenadines
US$18.92M
grenada
US$13.46M
barbados
US$12.70M
suriname
US$10.50M
antigua and barbuda
US$9.33M
St. Kitts & Nevis
US$8.94M
belize
US$16.38M
Active Programmes
4
THEMATIC PRIORITIES
Agriculture
US$42.00M
Micro Finance
US$33.55M
Energy
US$30.86M
Water and Sanitation
US$20.39M
Tourism
US$17.60M
Public Sector
US$10.06M
Transportation
US$8.34M
Education
US$5.68M
We are continuously expanding our capacity to deliver assistance to our Member States. The CRAF and CCRF are development financing instruments designed to crowd in capital for resilience building; and CDF actively mobilises technical assistance and financial resources through strategic partnerships with regional and international development agencies. Based on the root causes of economic and social disparities within and between Member States, CDF’s investments are focused on, and its Thematic Priorities are related to:
Infrastructure for Growth
- Building infrastructure that enables investment, community empowerment, and sector transformation.
Transforming Key Sectors
- Microfinance, agriculture, tourism, energy, water & sanitation
- Boost food security & job creation
Business & Investment Climate
- Increase SMEs’ access to affordable financing
- Reduce SMEs’ energy costs
- Strengthen business support and promotion organisations
- Facilitate enterprise-level tech adoption
- Upgrade critical infrastructure
Empowering Communities
- Access to training & livelihood opportunities
- Greener, more affordable energy and water
Credit Risk Abatement Facility
CRAF
The CRAF aims to support the renewable energy and energy efficiency sector in CDF Member States, and thereby aid in the transition to a low carbon economy through facilitating a reduction in harmful greenhouse gas emissions and by generating cost savings which will increase productivity and business competitiveness.
Programme of Support Measures for Article 164 Industries
ARTICLE 164
The Article 164 Programme provides temporary support measures to targeted industries in CARICOM LDCs with the aim of improving their competitiveness.
Country Assistance
Programme
CAP
The CDF boosts CARICOM’s resilience and competitiveness through Country Assistance Programmes and other key support initiatives.
Caribbean Community Resilience Fund
CCRF
The Caribbean Community Resilience Fund (CCRF) increases Member Countries’ access to development financing by deploying capital to support mitigation and adaption to climate change, and promote economic sustainability.
