UNGA77: Italy and CDB sign agreement for development programs in the Caribbean

NEW YORK, SEPTEMBER 19 Today, in New York, on the sidelines of the High-Level Meetings of the 77th General Assembly, Italy and the Caribbean Development Bank (CDB) sealed a deal on the “Programme supporting sustainable development projects in Caribbean Community countries”, signed by the Italian Permanent Representative to the United Nations, Ambassador Maurizio Massari, and the President of the CDB, Hyginus Leon.

Deputy Minister of Foreign Affairs and International Cooperation, Marina Sereni, attended the ceremony and pointed out that the Programme is part of Italy’s constant support to the Caribbean countries’ sustainable development priorities. The Deputy Minister also stressed that the nature and goals of the Programme are consistent with the programme of Expo Rome 2030, whose theme is “People and territories: urban regeneration, inclusion and innovation”.

The Programme provides for aid credits totalling 50 million euros and a donation of 2.5 million euros, financed by the Italian Agency for Development Cooperation. The credit resources made available by Italy will be allocated by Cassa Depositi e Prestiti. The programme aims to fund sustainable development projects, with a specific focus on climate change and infrastructure, in the following sectors: agriculture, energy, management of coastal zones and water resources, transport, social housing and healthcare. The Caribbean Community member countries involved in the Programme are Belize, Dominica, Jamaica, Grenada, Guyana, Saint Lucia, Saint Vincent and the Grenadines and Suriname, whose representatives attended the signing ceremony in New York. (@OnuItalia)