Growth and Resilience Dialogue - Event Details

Regional Transformation Through Innovation

ECCB IN ACTION

EC Digital Currency Pilot Project

The DXCD is a blockchain-based central bank issued digital currency. The ECCB is piloting the DXCD project with some key objectives including: • Financial safety • Improved transparency and traceability • Regional cross-border payment efficiencies • Promotion of competitiveness in financial services • Technological efficiencies • Enhanced regional coordination • Future-proofing banking The ECCB Campus Greening initiative is geared at achieving carbon neutrality by 2022 through two components: 1. Reduce electricity consumption powered by fossil fuel; and 2. Generate renewable energy for electricty. Some key facts about the project: • 3600 solar panels installed and will offset 60.0 per cent of ECCB’s current energy consumption • Built to withstand up to 185 mph winds • Will last at least 30 years • Will offset the equivalent of 150k hours of driving around St Kitts in terms of carbon emission • Phase I was completed in December 2019 and Phase II is scheduled to be completed by June 2020.

ECCB Campus Greening Project