50 million financing from CDP to combat climate change in Caribbean countries with CDB caribank.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from caribank.org Daily Mail and Mail on Sunday newspapers.
New York City – The Barbados-based Caribbean Development Bank (CDB) announced on Tuesday it had entered into an agreement with the Italy-based Cassa Depositi e Prestiti (CDP) to provide U.S. $50 million to help regional countries counter the effects of climate change and support the sustainable development of the Caribbean countries CDB officials said the financing will expand the pool of loans that the region’s premier financial institution already makes …
Vice President, Operations at the Caribbean Development Bank, Isaac Solomon has underscored the impact that climate change is having on infrastructure in the Caribbean. “Climate change is having a direct impact on our Caribbean infrastructure and is increasing the risks associated with infrastructure projects,” Solomon said at the 6th Caribbean Infrastructure Forum webinar on regional infrastructure investment. Solomon noted that the CDB continues to ensure the delivery of climate resilient …