Project profile — Caribbean Development Bank Special Development Fund's 8th Replenishment 2013/2015



Overview 

CA-3-M013798001
$33,410,000
Caribbean Development Bank (46009)
2013-05-24 - 2015-03-31
Terminating
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Montserrat (4.10%)
• Saint Lucia (10.10%)
• Guyana (14.10%)
• Haiti (17.00%)
• Suriname (0.20%)
• Grenada (7.10%)
• Dominica (8.10%)
• Belize (12.10%)
• Saint Kitts and Nevis (4.10%)
• Jamaica (15.00%)
• Saint Vincent And The Grenadines (8.10%)

Sector 

• Teacher training:
Teacher training (11130) (4.00%)
Educational research (11182) (1.00%)
• Primary education:
Primary education (11220) (10.00%)
Basic life skills for youth and adults (11230) (4.00%)
Early childhood education (11240) (1.00%)
• Secondary Education: Vocational training (11330) (1.00%)
• Basic drinking water supply:
Basic drinking water supply (14031) (4.80%)
Basic sanitation (14032) (3.00%)
• Public sector policy and administrative management:
Public sector policy and administrative management (15110) (2.00%)
Public finance management (15111) (1.40%)
Decentralisation and support to subnational government (15112) (1.00%)
• Conflict Prevention And Resolution, Peace And Security: Security system management and reform (15210) (1.10%)
• Other Social Infrastructure And Services: Statistical capacity building (16062) (2.00%)
• Road transport:
Road transport (21020) (13.00%)
Water transport (21040) (10.00%)
• Energy Generation, Renewable Resources: Energy generation, renewable sources - multiple technologies (23210) (2.00%)
• Agricultural policy and administrative management:
Agricultural policy and administrative management (31110) (5.00%)
Agricultural extension (31166) (2.00%)
Agricultural education/training (31181) (3.00%)
Agricultural financial services (31193) (2.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (1.40%)
• Environmental policy and administrative management:
Environmental policy and administrative management (41010) (2.00%)
Flood prevention/control (41050) (2.00%)
Environmental research (41082) (1.00%)
• Other Multisector: Rural development (43040) (6.00%)
• Emergency Response: Material relief assistance and services (72010) (1.40%)
• Reconstruction Relief And Rehabilitation: Reconstruction relief and rehabilitation (73010) (3.60%)
• Disaster Prevention And Preparedness: Disaster prevention and preparedness (74010) (5.00%)
• Unallocated/ Unspecified: Sectors not specified (99810) (4.30%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (significant objective)
• Participatory development and good governance (significant objective)
• Trade development (significant objective)
• Biodiversity (significant objective)
• Climate change mitigation (significant objective)
• Climate Change Adaptation (principal objective)
• Urban issues (significant objective)
• Desertification (not targeted)
• Children's issues (principal objective)
• Youth Issues (principal objective)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (significant objective)

Description 

This contribution represents institutional support by Canada for the eighth cycle of the Special Development Fund of the Caribbean Development Bank, to support economic and social development in the poor countries in the Caribbean. The Fund is the Bank's 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 the eighth cycle of the Special Development Fund are: inclusive and sustainable growth; environmental sustainability and climate change; citizen security; and regional cooperation and integration. The Bank will continue its efforts to make progress on the Millenium Development Goals and support to Haiti. Canada is one of the largest non-borrowing shareholders of the Caribbean Development Bank (equal to the UK), and the largest contributor to its Special Development Fund.

Expected results 

The intermediate outcomes for this project are: 1) More inclusive and sustainable growth; 2) strengthened environmental sustainability and climate change management; 3) improved citizen security; and 4) strengthened regional cooperation and integration.

Results achieved 

N/A

Budget and spending 


Original budget $16,705,000
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Encashment basis
Collaboration type Multilateral
Type of aid Core contributions to multilateral institutions
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