Bridgetown, Barbados – Development Financial Institutions (DFIs) across the Region are now better equipped to respond to the challenges and changing needs of the Region, thanks to a recent conference to increase awareness of best practices and current trends in inclusive and sustainable development financing.

Over 70 persons from 40 organisations in 21 countries participated in the conference, “Development Banking in the Caribbean: A Regional Approach to Sustainable Development,” organised by the Caribbean Development Bank (CDB), in partnership with the Saint Lucia Development Bank (SLDB). Critical areas addressed during the three-day Conference included access to finance; ecosystem enhancements to support micro, small and medium-scale enterpises (MSMEs); improved financial reporting to meet international standards; enhanced enterprise risk management practices; corporate governance; and climate resilience. Additionally, the Conference was used to increase awareness of CDB’s financing and technical assistance products that are available to DFIs, and MSMEs through CDB…[+]