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CDB urges Caribbean nations to diversify economies and boost climate resilience amid slowing growth.
The Caribbean Development Bank (CDB) warns Caribbean countries to reduce reliance on tourism and focus on climate resilience and economic diversification, as growth is expected to slow in 2025.
The CDB has secured a record $460 million for its Special Development Fund, with 35% allocated to climate financing.
President Daniel Best emphasizes a focus on innovation, transformation, and resilience, with plans to launch new financial products and support sustainable energy and food security initiatives.
China reaffirms its commitment to the CDB and the Caribbean region.
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El BDC insta a las naciones del Caribe a diversificar sus economías e impulsar la resiliencia climática en medio de la desaceleración del crecimiento.