Geothermal Risk Mitigation Programme launched for the Eastern Caribbean

The Commissioner in charge of International Cooperation and Development, Neven Mimica and the President of the Caribbean Development Bank, Dr. Wm. Warren Smith, announced the formalisation of an EU grant contribution to the Geothermal Risk Mitigation Programme for the Eastern…

Funds secured for new Jamaica’s new LED streetlight system

The Board of Directors of the Caribbean Development Bank (CDB) has approved funding of US$25 million to replace existing streetlights in Jamaica with high efficiency light-emitting diode (LED) lamps. The funds are being provided to the Jamaica Public Service Company…

CDB approves funds to support the energy transformation in St. Vincent and the Grenadines

The Board of Directors of the Caribbean Development Bank (CDB) approved a blended financing package of US$4.2 million loan and the equivalent of US$1 million in grant resources to further support the transformation of the energy sector in St. Vincent…