Credit Facility for the Caribbean Development Bank | LAIF

Reconstruction Relief & Rehabilitation

COUNTRIES

Grenada, Jamaica, Saint-Vincent and the Grenadines, St Lucia, Suriname

DATES

Oct/2015 - Dec/2024 ONGOING

PROJECTED TOTAL INVESTMENT SIZE

€ 33 150 000

EU CONTRIBUTION

€ 3 150 000

SECTOR

Reconstruction Relief & Rehabilitation

TYPES OF SUPPORT

Technical Assistance

DESCRIPTION

The project aimed to promote and finance new sustainable infrastructure projects in the Caribbean region in the sectors of energy, transport, water and sanitation and climate change mitigation. It also seeked to reinforce the national implementing agencies for the seeding and follow-up of new projects, specifically to create a pipeline of quality projects within the borrowing member countries from the Caribbean Development Bank (CDB). LACIF supported AFD in this initiative to enhance CDB, a strategic partner in the Caribbean region.

RESULTS

Increased long-term financial resources available for sustainable infrastructure projects in the region.
Ambitious infrastructure projects with a more strategic, comprehensive and innovative sectorial approach.
Staff of national ministries and implementation agencies trained in project identification and monitoring.

LEAD FINANCING PARTNER

CO-FINANCING PARTNERS

CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS