International Development Grant
Caribbean Development Bank – Institutional Support - Third General Capital Increase
Project Number: CA-3-M013352001
Status: Operational
Country/Region: Unknown
Regional Focus:
Maximum Contribution: $26,243,362.00
Start Date: April 01, 2011
End Date: March 31, 2016
Duration: 5.0 years
Project Description
This contribution represents Canada’s institutional support to the Caribbean Development Bank (CDB). Based in Barbados the CDB is a multilateral development financial institution whose mandate is to work towards the systematic reduction of poverty in its borrowing member countries through social and economic development. The CDB is guided by its Strategic Plan 2010-2014 which focuses on four key priorities: (1) promoting broad-based economic growth and inclusive social development; (2) supporting environmental sustainability and disaster risk management; (3) promoting good governance; and (4) fostering regional cooperation and integration. Gender equality is a cross-cutting theme to broaden the impacts of poverty reduction efforts of all the CDB’s activities. To make progress in these priority areas the CDB supports activities designed to improve access to education agricultural development infrastructure (e.g. roads sea defense landslip protection urban drainage and community infrastructure) water and sanitation.
Progress & Results Achieved
Results achieved for the period of January 2010 to December 2012 include: Education: 493 classrooms were built or upgraded and over 3 800 teachers were trained. These and other education-enhancing efforts such as access to student loan financing benefitted over 136 000 students. As of December 2012 a 91% primary education enrolment had been achieved for girls and 90% for boys in the region. Agriculture: Over 4 750 hectares of land were irrigated or improved. In addition 393 people benefitted from rural enterprise credit programs designed to increase agricultural productivity marketing and community-level enterprise development. Infrastructure: 1 975 km of roads were built or improved benefitting over 250 000 people. Water: Access to water and sanitation systems was provided to over 25 000 households
Key Information
Executing Agency:
Caribbean Development Bank
Reporting Organization:
Global Affairs Canada
Program:
YFMInternaAssistPartnershp&Programing Br
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Core contributions to multilateral institutions
Collaboration: Multilateral
Finance Type: Encashment basis
Selection Mechanism:
Pre-APP