The Caribbean Development Bank (CDB) is one of the main catalysts for development funding in the Caribbean region, with a long experience of working with its member countries.
The credit facility provided by AFD will promote and finance new infrastructure projects in the Caribbean in sectors such as energy, transport, water and sanitation, climate change mitigation and resilience.
The CIF will provide technical assistance to reinforce national implementation agencies for the seeding, preparation and follow-up of new projects. The grant will be open to any CDB member countries and can be used for a series of standard activities such as:
- Assistance in preparing sectoral strategies;
- Feasibility and/or design studies and preparation of project documentation;
- Technical assistance for project implementation.
The credit facility and the technical assistance aspects will be linked whenever possible, although grant funds may be used to prepare projects to be financed from other sources.