2019-2020 Annual Report and Statement of Accounts

FISCAL AND DEBT SUSTAINABILITY

Support the OECS Commission in the continued refinement of the OGDS and implementation of an ECCU-wide economic development plan (including initiatives, targets and assigned responsibilities) In support of reinventing the region’s approach to development finance for building long-term sustainability and economic development, the Bank prepared a proposal towards the establishment of an innovative financing model to mobilise finance for renewable energy/efficiency in the ECCU. The policy initiative enables the ECCU to establish the first regional infrastructure investment fund in the ECCU; essentially tapping into capital market financing to realise the region’s enormous energy production potential. The proposal is based on an award-winning policy solution which has attracted the interest of international financial institutions and other development partners for implementation in the ECCU.

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