Caribbean Development Bank
$70,340,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2009-2010
- Agreement period
- April 1, 2009 – March 28, 2013
- Reference
- CA-3-M013099001
Published purpose
This contribution represents Canada’s institutional support to the Special Development Fund (SDF) of the Caribbean Development Bank (CDB). The SDF is the CDB’s concessionary window from which grants and loans of longer maturity and lower interest rates are provided to the poorest and most vulnerable countries to support poverty reduction as well as social and economic development in the Caribbean. The themes and priorities for SDF 7 include strengthening poverty reduction and human development; supporting environmental sustainability and advancing the climate change agenda; supporting regional cooperation and integration (RCI); and enhancing development effectiveness. Canada along with the UK is the largest non-borrowing shareholder of the CDB and the largest contributor to the Special Development Fund.
In plain English AI-generated
Canada is providing $70.34 million to the Caribbean Development Bank's Special Development Fund to support poverty reduction, social and economic development, environmental sustainability, climate action, and regional cooperation in the Caribbean.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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