Caribbean Development Bank ( CDB ) and Germany is to build capacity for climate change projects in the Eastern Caribbean

The Caribbean Development Bank (CDB) is supporting Member States of the Organisation of Eastern Caribbean States (OECS) in their efforts to build capacity to develop robust climate change projects for financing.

Today, the Bank’s Board of Directors approved a grant from the German international development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), in the amount of EUR249,860 for the initiative. CDB and the OECS Commission contributed EUR24,986 and EUR12,493, respectively to the venture.

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