| Financier | Commitments |
|---|---|
| IDA Credit | 30.00 |
Unleashing the Blue Economy of the Caribbean Additional Financing
Abstract*
The UBEC Project will be implemented as a Series of Projects (SOP) over a fifteen-year period (with each project having a five-year life cycle) as per projected country demand. The UBEC project, under phase 1 of the SOP, is designed to stimulate economic recovery and support marine and coastal resilience in Grenada (GRE), Saint Lucia (SLU) and Saint Vincent and the Grenadines (SVG) by strengthening the sustainability and competitiveness of two critical... Show More
Development Objective
To strengthen the enabling environment for the blue economy, economic recovery, and resilience of selected coastal assets in participating countries and provide immediate and effective response to an eligible emergency.
Key Details
Project Details
P181493
Active
Cary Cadman , Winston Dawes, Ms. Anisi, Samantha Cook
OECS Commission,Ministry of Finance,Ministry of Finance,Ministry of Finance
OECS Countries
March 25, 2024
(as of board presentation)
April 30, 2024
N/A
US$ 0.00 million
Grenada,OECS Commission,Saint Vincent and the Grenadines,Saint Lucia
2024
US$ 30.00 million
N/A
November 14, 2024
July 31, 2028
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 30.00 |
| IBRD + IDA Commitment | 30.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
No data available.