Prime Minister Carney meets with Prime Minister of Barbados Mia Mottley

June 4, 2026Toronto, Ontario Today, the Prime Minister, Mark Carney, met with the Prime Minister of Barbados, Mia Mottley. Prime Minister Carney and Prime Minister Mottley emphasised the strong partnership between Canada and Barbados. With 60 years of diplomatic ties, a dynamic trade relationship, and shared values of inclusivity and sustainability, Barbados is a key partner to … Continue reading Prime Minister Carney meets with Prime Minister of Barbados Mia Mottley

CDB Board Approves US$200 Million Guarantee to Expand Financing for Caribbean Development

Photo caption: Left to right - Stefano Capodagli, Chief Risk Officer CDB; Katie Birks, CDB Alternate Director Canada, Diana Wilson-Patrick, General Counsel CDB; Philippe Hall CDB Director Canada; Daniel M. Best, CDB President June 2, 2026 The Caribbean Development Bank’s (CDB, the Bank) Board of Directors has approved the advancement of a landmark First-Loss Portfolio Credit … Continue reading CDB Board Approves US$200 Million Guarantee to Expand Financing for Caribbean Development

56th Annual Meeting of the Caribbean Development Bank Board of Governors

The Caribbean Development Bank (CDB) will convene its 56th Annual Meeting of the Board of Governors from June 1–5, 2026, in The Bahamas, bringing together a high-level gathering of Ministers of Finance, Governors, Central Bank officials, development partners, private-sector leaders, youth representatives, and international stakeholders. As one of the Caribbean’s premier development forums, the Meeting … Continue reading 56th Annual Meeting of the Caribbean Development Bank Board of Governors

CDB holding discussions with Canada to provide additional funding for the Caribbean

FRANCE, Paris (CMC) — The Barbados-based Caribbean Development Bank (CDB) is advancing a US$200 million first-loss portfolio guarantee with the Government of Canada, which once finalised, is expected to unlock at least US$400 million in additional lending capacity by reducing credit risk on the bank’s balance sheet. The announcement came as CDB President Daniel Best … Continue reading CDB holding discussions with Canada to provide additional funding for the Caribbean

Caribbean Development Bank 56th Annual Meeting Media Launch

On Thursday, March 19 at 10 a.m. (EDT), the Government of The Bahamas and the Caribbean Development Bank (CDB) will host the official launch of the 56th Annual Meeting of CDB's Board of Governors.   The event will mark the formal announcement of the 56th Annual Meeting's dates, theme, strategic agenda, and programme of events. … Continue reading Caribbean Development Bank 56th Annual Meeting Media Launch

CDB Annual News Conference 2026

CDB’s Annual News Conference took place on March 3, 2026 at the Frank Collymore Hall, Central Bank of Barbados, Spry Street, Bridgetown, St. Michael. The event set out the CDB plans for supporting development in the Caribbean. Speakers Mr. Daniel M. Best, President Mr. Jason Cotton, Deputy Director (Ag.), Economics Department Mr. L. O'Reilly Lewis, Director of Projects Ms. … Continue reading CDB Annual News Conference 2026

CDB Celebrates the Life and Enduring Legacy of Founding President, Sir Arthur Lewis

Published on Jan 23, 2026 The Caribbean Development Bank (CDB) proudly honours the life and legacy of its founding President, Sir Arthur Lewis, a visionary architect of regional development, born on January 23, 1915. An internationally acclaimed scholar, innovator, and recipient of the Nobel Memorial Prize in Economic Sciences, Sir Arthur was instrumental in the … Continue reading CDB Celebrates the Life and Enduring Legacy of Founding President, Sir Arthur Lewis

The Caribbean Prepares for a Geothermal Revolution

Caribbean Development Bank and Canada assist with financing Valley of Desolation in Dominica Volcanic Hike with Steam from ground/Valley of Desolation Dominica Dominica is set to open its first geothermal power station, with others ready to follow December 11, 2025 Ben Payton The Caribbean island of Dominica is preparing for a revolution in its power … Continue reading The Caribbean Prepares for a Geothermal Revolution

CDB and Government of Canada Providing Landmark USD 27.5 Million Financing to Modernise Belize’s Electricity System

December 29, 2025 The Caribbean Development Bank (CDB, the Bank) and the Government of Canada marked a significant milestone in Belize with an innovative USD 27.53 million loan and grant package to support modernisation of the country’s grid. The Power VIII Project is an Advanced Metering Infrastructure (AMI) and Grid Modernisation Programme, which is being implemented across the country by Belize Electricity … Continue reading CDB and Government of Canada Providing Landmark USD 27.5 Million Financing to Modernise Belize’s Electricity System

Jamaica Secures a Package of US$6.1 Billion Over Three Years in International Support for Recovery and Reconstruction After Hurricane Melissa

Following Hurricane Melissa and at the request of Jamaican Prime Minister Andrew Holness, CAF – Development Bank of Latin America and the Caribbean, the Caribbean Development Bank (CDB), the Inter-American Development Bank (IDB), the International Monetary Fund (IMF), and the World Bank Group (WBG) have jointly assembled a comprehensive package of up to US$6.1 billion over three years to strengthen Jamaica’s recovery and reconstruction … Continue reading Jamaica Secures a Package of US$6.1 Billion Over Three Years in International Support for Recovery and Reconstruction After Hurricane Melissa