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CDB GeoSmart Initiative

The CDB GeoSmart Initiative represents all of the Caribbean Development Bank’s resource mobilisation efforts to support geothermal energy development.

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Air Transport Competitiveness and Connectivity

Air connectivity is a critical element for economic growth and development, especially for the small island nations of the Caribbean. Additional air services and frequencies mean higher traffic volumes, which in turn help to improve economic competitiveness and therefore create employment opportunities. Improved and more regular air connections enable economies to attract more tourists (including non-leisure visitors), conduct more trade and attract more foreign investment. Without these important air links, a country’s economy and employment potential could suffer. Click here to access publication. © Caribbean Development Bank, 2018

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ICA Annual Report 2017

This Annual Report is a summary of the Office of Integrity, Compliance and Accountability’s (ICA) second year of operation. During 2017, ICA advanced significantly its work to operationalise the Strategic Framework for Integrity, Compliance and Accountability 2015 using a phased, accelerated and risk-based approach.

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Financing the Blue Economy: A Caribbean Development Opportunity

Within the context of the 2030 Sustainable Development Agenda and CDB’s Strategic Plan, “Financing the Blue Economy: A Caribbean Development Opportunity” examines the potential of the blue economy to drive sustained and inclusive economic growth. The Paper, a joint initiative between CDB and the United Nations Development Programme, also explores factors that can constrain our Region’s ability to take full advantage of the ocean’s potential. New and high-value blue economy growth industries such as aquaculture, marine biotechnology, deep seabed mining, and ocean renewable energy remain under-developed in our Region.

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Air Transport Competitiveness and Connectivity in the Caribbean

Air connectivity is a critical element to economic growth and development, especially for the small island nations of the Caribbean. Improved connectivity means additional air services, frequencies and traffic volumes. These have been found to contribute to increased employment opportunities and to benefit the wider economy. The International Air Transport Association’s Connectivity Index shows that air connectivity growth in the Caribbean has been generally and relatively weak, and limited to a few countries. Based on the application of a gravity model, high costs are among the primary factors contributing to weak intra-regional air travel demand and the related constraints on connectivity. Introducing policy remedies could lead to increased long-term employment, adding approximately 288,000 jobs, as well as USD4.4 billion in GDP across the Caribbean.

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2017 Annual Report

The Annual Report of the Board of Directors to the Board of Governors reviews CDB’s operations, programmes and initiatives, human resources management, external relations and partnerships, and financial management.

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Development Effectiveness Review 2017

The Development Effectiveness Review (DER) assesses development trends and progress within CDB’s Borrowing Member Countries (BMCs), particularly those that are connected to the Bank’s corporate priorities, as outlined in the 2015-2019 Strategic Plan. The report complements the Results Monitoring Framework (RMF), which is a four-level management tool used to track and monitor implementation progress of the Strategic Plan. The DER also measures the results that BMCs have achieved with CDB’s support vis-à-vis targets outlined in RMF and identifies areas in which the Bank can improve its performance.

This DER is the seventh annual review of CDB’s corporate performance and results achieved by BMCs in line with the regional and global development goals

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