Projects
This project fosters digitalization of firms and government services in order to promote growth and increase efficiency in Belize’s economy. Digitalalization improves the business and innovation climate for MSMEs, stimulating competitiveness, economic diversification and growth.
The European Union's contribution that complements an IDB loan focuses on stimulating private sector investment in digital and green transformation and supporting gender specific projects. This technical assistance promotes firms’ growth and efficiency through increased adoption of digital solutions, especially for women led firms, and reduces costs for citizens through the digitalization of civil registration services.
Dates: Dec/2024 - Dec/2028 | Status: ONGOING | Countries: Belize
The project aims to scale up the market for green finance in the Caribbean, helping the region’s economies transition to a more sustainable mode of operation aligned with the Global Gateway Investment Agenda.
The Facility supports small scale climate action and environmental sustainability investments, promoted primarily by MSMEs, and intermediated by public sector development banks or bodies and micro-finance institutions.
Those MSME-relevant green investments include (but are not limited to) energy efficiency improvements, integrated renewable energy and energy-efficient solutions such as solar control films, cool roofs, solar PV rooftop installations, LED lighting retrofits in commercial buildings, hotels, restaurant or other tourist establishments, wind and solar renewable power, eligible activities to turn Sargassum algae into an economic opportunity, and other projects contributing to GHG emission reduction and environmental sustainability.
The LACIF-financ...
Dates: Dec/2024 - Dec/2032 | Status: ONGOING | Countries: Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint-Vincent and the Grenadines, St Kitts and Nevis, St Lucia, Suriname, Trinidad & Tobago
The project aims to support the Caribbean region in its adaptation to climate change and its low carbon transition through the integration of climate-risks in the financial systems regulation and supervision activities and the financing of climate public investments. This project implemented by AFD:
Supports three of the main central banks of the Caribbean region (the Eastern Caribbean Central Bank, the Bank of Jamaica and the Central Bank of Dominican Republic) to integrate climate-related risks in their regulation and supervision activities. Activities are based on the actions promoted by the Network for Greening the Financial System.
Supports the Caribbean Development Bank (CDB) to promote the financing of adaptation and mitigation investments with a gender lens. Some of the pre-identified activities within CDB are:
- Establishment of a regional gender research fund to support CDB’s gender strategy;
- Establis...
Dates: Dec/2023 - Dec/2028 | Status: ONGOING | Countries: Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint-Vincent and the Grenadines, St Kitts and Nevis, St Lucia, Suriname, Trinidad & Tobago
This programme addresses the multitude of challenges faced by the water sector in the Caribbean, including the lack of asset management strategies, lack of adequate maintenance, high energy costs, inadequate waste-water treatment capacity and lack of water storage capacity. Climate change is also leading to extreme weather events and unpredictable water availability in the region, while pollution and over-fishing also affect the health of many of its ocean ecosystems which need to be tackled in a comprehensive manner.
EU and EIB are investing in security of water supply, wastewater collection and treatment, storm-water management and solid waste management, which contributes to water resources conservation, disaster risk reduction and protection of biodiversity.
Dates: Jul/2022 - Jan/2030 | Status: ONGOING | Countries: Antigua & Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint-Vincent and the Grenadines, St Kitts and Nevis, St Lucia, Suriname, Trinidad & Tobago
This project aims to set up a Regional Fund to provide Central American Integration System (SICA) countries with funds to run projects that both address and prevent natural disasters.
The EU is partnering with CABEI towards the setup of a Regional Fund to fight the region's vulnerability to climate change. These investments contribute to the mitigation of the impact by extreme events, while improving capacity to deal with climate change. For these reasons, the Fund serves as a catalyst to ensure focused action is maintained at national and international levels.
More specifically, the Fund aims to help build SICA countries’ capacities in the development of viable climate change projects by providing technical assistance for project preparation. It does so by facilitating:
- Climate risk assessment and studies for the development of disaster warning, monitoring and alert systems.
- Preparation of relevant studies for projects and identification of environm...
Dates: Dec/2021 - Dec/2026 | Status: ONGOING | Countries: Belize, Dominican Republic, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama
The project seeks to rehabilitate the most deteriorated segment of one of Belize's main highways, the George Price Highway (GPH), up to national standards and to preserve it through adequate maintenance while improving and guaranteeing road connectivity between the Northern, Southern and Central Regions of Belize as well as enhancing physical connectivity with Central America and Mexico. The GPH is included in the International Network of Mesoamerican Roads (RICAM), which is recognized as important for physical regional integration and the progressive implementation of a Partial-Scope Agreement with Guatemala (2010) and other trade agreements with Honduras and El Salvador.
This project implemented by IDB aims to reduce transport costs and the road's vulnerability to flooding and other natural hazards, thereby increasing its resilience to climate change. Another objective of the project is to reduce road fatalities by increasing road user safety, ensuring adequate signaling, bu...
Dates: Jun/2015 - Jun/2024 | Status: COMPLETED | Countries: Belize
