CDB climate finance investment doubled to USD226.7 million in 2025

Published on March 16, 2026

The Caribbean Development Bank (CDB) approved USD226.7 million for climate action initiatives in 2025, marking the strongest annual climate investment performance in the Bank’s history.

The record-breaking total was approximately 50% of the Bank’s total project approvals for the year and represented an increase of more than 100% compared to the USD101.5m committed in 2024.

The surge was driven by a USD125m environmental Policy-Based Loan (PBL) disbursed to Guyana, and by similar financing packages totalling USD30m each to Dominica and Saint Vincent and the Grenadines.

The PBLs will support reforms in biodiversity conservation, climate action, and water resource management, among other areas. The financing will also build the technical and financial capacity of the member countries to withstand and recover from climate shocks.

Explaining the Bank’s focus, Ms. Valerie Isaac, CDB’s Division Chief, Environmental Sustainability said, “The climate crisis is not simply a challenge. It is an existential threat to our development and wellbeing, particularly the most vulnerable people.”  New Paragraph