CDB puts spotlight on resilience in the Caribbean

The Caribbean Development Bank's (CDB) 48th annual meeting ended in Grenada last week, with governors of the institution uniting around the event's theme of resilience.

CDB president, Dr William Warren Smith, in his closing statement last Thursday, urged delegates to mainstream resilience; leverage opportunities for blue economy growth; and build "smart partnerships" to meet the region's development objectives.

"There was a fair degree of commonality in the messages that permeated governors' statements during this meeting," said Smith.

"Almost all governors adverted to the scale of the disasters that visited our shores in 2017, disrupting lives and livelihoods in several member countries. Mainstreaming resilience needs to become a way of doing business for the Caribbean," he added.

The president also urged delegates to tap the potential of the sea for economic growth, pointing to the bank's newly released research on the blue economy, which was presented during the meeting.