March 19, 2025 Newly appointed Caribbean Development Bank (CDB) President Daniel Best has set out a bold vision for the 55-year-old institution, emphasising action, innovation, and impact. With a clear mandate and an ambitious roadmap, he underscored the urgency of tackling the Caribbean’s development challenges with fresh thinking and decisive action. Speaking at the Bank’s Annual News … Continue reading CDB President Daniel Best Unveils Bold Vision to Drive Caribbean Transformation
Category: Energy
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Washington, D.C., February 5, 2025 - The Government of Belize, in partnership with the World Bank and the Government of Canada, announced the launch of a new energy project aimed at strengthening the country’s power supply and improving the reliability of its electricity services. The $58.4 million initiative will also help optimize costs for consumers, and … Continue reading Belize Launches New Energy Project to Enhance Power Reliability and Boost Renewables – financing from World Bank and Canada
Prime Minister Andrew Holness engages with Steven Whittingham, chairman of the Jamaica Stock Exchange (JSE) at the opening of the 20th staging of the JSE Regional Conference on Investments and Capital Markets. (Photo: Garfield Robinson) January 22, 2025 By Karena Bennett KINGSTON, Jamaica — Prime Minister Andrew Holness has called for bold and innovative solutions … Continue reading Jamaica must capitalise on nuclear energy — Holness
Canada's Global Affairs Department is a contributor to the funds December 20, 2024 The Caribbean Development Bank (CDB, the Bank) has approved a USD 34.8 million loan to the Geothermal Power Company of Dominica (GPC) to fund the construction of a 10-megawatt (MW) geothermal power plant. The project is designed to strengthen Dominica’s energy security, reduce electricity … Continue reading CDB Approves USD 34.8 Million Loan to Build Geothermal Energy Plant in Dominica
Source: CDB The equitable transition to energy efficiency and renewable energy is slowly progressing in the Caribbean but greater buy in and investment from the private sector, more large-scale projects attractive to investors and increasing the technical capacity of the practitioners especially among women and girls is necessary if the region is to improve the … Continue reading CDB and Global Affairs Canada partner to put the spotlight on the “Supporting Resilient Green Energy Programme” and the Caribbean energy transition
Source: EcoPowerHub Many people talk about the need for the Caribbean to move forward with the transition from energy generation using fossil fuels to a sustainable/renewable energy future. The recent CCI Research Symposium focussed on the "Climate Crisis, Resilience and Alternative Energy Sources". One of the speakers was Dr. Sherine Ibrahim, Caribbean Development Bank who … Continue reading Energy and the Caribbean
Source: World Atlas July 15, 2024 St. Kitts and Nevis (SKN) has initiated a multi-million-dollar project titled ‘Achieving A Rapid Decarbonisation of the Energy Sector in Saint Kitts and Nevis.’ The project, dubbed ‘SKN-100,’ aims to hasten the country’s shift to 100 percent renewable electricity and 100 percent high energy efficiency in public buildings within … Continue reading ST. KITTS AND NEVIS LEADING DECARBONISATION EFFORTS IN THE CARIBBEAN
The water in the Caribbean Sea at 100 ft is the same temperature. June 25, 2024 George Brown College (GBC)’s Limberlost Place is tapping into one of the greenest energy projects on earth: a deep lake water cooling system that is unique to Toronto. Owned and operated by Enwave Energy Corporation, the world-renowned system uses water from … Continue reading Tapping into one of the greenest energy projects on earth
The Caribbean Development Bank and the Ontario Regional Office of the Trade Commissioner Service delegations with McMaster Faculty and the OIA June 24, 2024 McMaster University recently welcomed delegations from the Caribbean Development Bank and the Ontario Regional Office of the Trade Commissioner Service. The visit featured a tour of McMaster’s nuclear reactor and included … Continue reading McMaster Hosts a Delegation from the Caribbean Development Bank and the Ontario Regional Office of the Trade Commissioner Service