The Caribbean Development Bank (CDB) is set to roll out a new EUR 4 million Grant Facility, financed by the Agence Française de Développement (AFD), to help its Borrowing Member Countries (BMCs) implement climate-smart, gender-responsive, and agriculture-focused development initiatives.


This latest phase of CDB–AFD collaboration is designed to unlock targeted investments while addressing the technical and financial constraints that often hinder critical projects. It forms part of AFD’s broader Latin America and Caribbean Investment Facility and builds on the two institutions shared commitment to sustainable development in the region.


Structured over five years, the grant will support:

  • A regional gender research fund and gender mainstreaming activities
  • Investment grants focused on the agriculture sector
  • Development of a biodiversity finance tracking approach
  • Sectoral studies and capacity-building initiatives
  • Project coordination and oversight, including the placement of a dedicated Project Coordinator


“The past few years of collaboration with AFD have been nothing but harmonious and highly productive,” said CDB Vice President, Operations, Dr. Isaac Solomon.


AFD Director for the Brazil-Southern Cone Region, Mr. Dominique Hautbergue, emphasised the urgency of the partnership. “AFD is pleased to work with CDB to create a greener, more resilient region, to reduce social inequalities, arrest biodiversity decline, and improve climate resilience,” he added