Business View Caribbean | September 2022

5 BUSINESS VIEW CARIBBEAN VOLUME 9, ISSUE 9 B RIDGETOWN, Barbados – The United Nations (UN) and the Caribbean Development Bank (CDB) recently signed an agreement to further strengthen ties and deepen the partnership between the two institutions. The agreement outlines cooperation in four critical areas for the region, namely economic diversification, innovative finance, resilience and vulnerability and data and knowledge management. CDB President, Dr Hyginus “Gene” Leon, who spoke on the occasion expressed a need for stronger collaboration among development agencies. “The rationale for partnerships is not that we need to collaborate, the rationale CDB AND UN STRENGTHEN PARTNERSHIP WITH NEWAGREEMENT is simply that none of us on our own can overcome the task ahead and if we are committed to making change there is no other choice but to partner.” he stated. Also speaking at the event was UN Resident Coordinator for Barbados and the Eastern Caribbean, Mr Didier Trebucq who was pleased that both agencies were now formalising a commitment to partner more closely to achieve the Sustainable Development Goals (SDGs), adding that “With only eight years to achieve the SDGs, in the context of multiple layers of crisis, we know that it will be challenging and more will be required of us, as development partners it is clear that we can OPENING L INES