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CDB Environmental Sustainability Impact in 2024 & Objectives for 2025

Page 1

2025

ANNUAL NEWS CONFERENCE

CDB Climate Action Impact in 2024 & Projections for 2025

CDB Climate Action Investments in 2024 33.5% of CDB’s resources

CDB committed

= allocated for the year

to climate change initiatives in Borrowing Member Countries

increase over = 61.8% $62.7 million in 2023

$101.5 million Financing by Sector

Agriculture $19.9 million Climate Change $6.7 million Coastal $27.3 million Disaster Prevention and Preparedness $0.8 million Disaster Risk Reduction $0.7 million

Education $2.4 million Energy $20.8 million Infrastructure $15.7 million Multi-Sector $0.3 million Private Sector $0.8 million Water $6.2 million

2024 Operational Milestones Increase in Green Climate Fund (GCF) project financing capacity to

$250 million from $50 million.

CDB Climate Change Project Preparation Fund to help countries design high-impact adaptation and mitigation projects.

=

Greater capacity to deliver large-scale climate resilience programmes.

=

Addressing project preparation bottlenecks to increase climate finance flows.


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CDB Environmental Sustainability Impact in 2024 & Objectives for 2025 by Caribbean Development Bank - Issuu