CDB joins fight to end global poverty

The Bar­ba­dos-based Caribbean De­vel­op­ment Bank (CDB), says it has of­fi­cial­ly joined the Glob­al Al­liance Against Hunger and Pover­ty in a move to com­bat hunger and pover­ty glob­al­ly.

CDB said that this aligns with its mis­sion to fos­ter sus­tain­able de­vel­op­ment and im­prove the lives of peo­ple in the Caribbean by work­ing col­lec­tive­ly and col­lab­o­ra­tive­ly with in­ter­na­tion­al part­ners.

It said that the for­mal com­mit­ment to the Glob­al Al­liance was out­lined in its State­ments of Com­mit­ment, demon­strat­ing its ded­i­ca­tion to ad­dress­ing struc­tur­al pover­ty and in­equal­i­ty as part of the broad­er ini­tia­tives con­nect­ed to the 2030 Agen­da for Sus­tain­able De­vel­op­ment.

The re­gion’s pre­mier fi­nan­cial in­sti­tu­tion said it has pledged to sup­port the Al­liance’s ob­jec­tives through knowl­edge shar­ing, eth­i­cal en­gage­ment, and the de­vel­op­ment of so­lu­tions tai­lored to the needs of vul­ner­a­ble com­mu­ni­ties, in­clud­ing In­dige­nous pop­u­la­tions and trib­al groups.

“CDB is com­mit­ted to fos­ter­ing col­lab­o­ra­tion and dri­ving col­lec­tive ac­tion to en­sure a holis­tic ap­proach to tack­ling hunger and pover­ty that em­braces cli­mate-re­silient agri­cul­tur­al prac­tices, strength­ened adap­tive ca­pac­i­ty to im­pacts of cli­mate change, and build­ing sus­tain­able food sys­tems. These, and wider in­clu­sive de­vel­op­ment ef­forts, are cru­cial to de­liv­er mea­sur­able change for com­mu­ni­ties across the re­gion,” said the bank’s Vice Pres­i­dent of Op­er­a­tions, Dr. Isaac Solomon.

The CDB said that the Al­liance rep­re­sents a uni­fied ef­fort to co­or­di­nate re­sources, share strate­gies, and im­ple­ment prac­ti­cal so­lu­tions to im­prove food sta­bil­i­ty and eco­nom­ic re­silience. “The bank, through this part­ner­ship, fur­ther com­mits to ex­plor­ing op­por­tu­ni­ties for col­lab­o­ra­tion with oth­er Al­liance mem­bers to el­e­vate its im­pact and con­tribute mean­ing­ful­ly to this glob­al fight.”

BRIDGETOWN, Bar­ba­dos, Jun 30, CMC

CMC/jh/ir/2025