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Social Share Completing his decade-long tenure at the helm of the Caribbean Development Bank (CDB), President Dr William Warren Smith said farewell to member countries and staff at a special Board of Directors meeting, followed by a staff function. During Smith’s period in office from May 1, 2011 to April 30, 2021, he oversaw the response to two global crises that heavily impacted the Caribbean Region – the aftermath of the 2008 global financial crisis at the beginning of his first term and the Covid-19 pandemic at the end of his second. In between, CDB tackled a series of increasingly...

Apr 29, 2021 Completing his decade-long tenure at the helm of the Caribbean Development Bank (CDB), President Dr Wm Warren Smith said farewell to member countries and staff at a special Board of Directors meeting, followed by a staff function. During President Smith’s period in office, running from May 1, 2011 to April 30, 2021, he oversaw the response to two global crises that heavily impacted the Caribbean Region – the aftermath of the 2008 global financial crisis at the beginning of his first term and the Covid-19 pandemic at the end of his second. In between, CDB tackled a series of i...

Published on Dec 14, 2020 The Caribbean Development Bank is supporting St. Vincent and the Grenadines’ push to expand and increase its range of renewable energy options through a planned solar energy project. On Thursday, December 10 the Bank’s Board of Directors approved financing of US$8.6 million to St. Vincent Electricity Services Ltd (VINLEC) for the supply and installation of solar photovoltaic (PV) systems at buildings owned by VINLEC in the vicinity of the Argyle International Airport. The funding will also cover the establishment of a battery energy storage system (BESS) to be in...

EU ministers attending the Energy Charter Conference on 16-17 December should work on the collective withdrawal from the ECT if other contracting parties oppose the phase-out of fossil fuels from the treaty’s binding provisions, argues Dr Saheb. Dr Yamina Saheb is a senior climate and energy policy analyst at OpenExp, a Paris-based think tank, and a former head of the Energy Efficiency Unit at the Energy Charter Secretariat.  Most Europeans do not know much, if anything, about the Energy Charter Treaty (ECT). They should. The ECT is arguably the most powerful instrument working against Eur...

The construction of a $40 billion project of the “Southern Gas Corridor” is completed, a 25-year gas supply contracts with European buyers are in force, and a new energy efficiency law is ready to be adopted by the Milli Majlis, the Parliament of the Republic of Azerbaijan. Bilyana Chobanova is the EU4Energy Project Manager at the International Energy Charter. Oleksandr Antonenko is the Head of the Energy Efficiency Unit at the International Energy Charter. Now, new opportunities arose for the energy-rich country that has evolved from a struggling newly independent state to a major region...