2024 Annual Results Report

PARTERNSHIPS IN ACTION:

THE FOUNDATION OF GROWTH AND RESILIENCE

Inter-American Development Bank: Caribbean Green Energy Adoption and Energy Efficiency Toolkit for MSMEs Funded by the Inter-American Development Bank (IDB), this project seeks to create a regional public good that strengthens the capacity of key stakeholders through training, tools, and resources designed to help firms improve energy efficiency and transition to green energy solutions. Addressing a critical gap in the region, this initiative will have a transformative impact on Caribbean MSMEs, which make up over 70% of businesses. By equipping them with the knowledge and support needed to adopt sustainable energy practices, the project will drive cost savings, enhance competitiveness, and contribute to a greener Caribbean economy. Caribbean Development Bank: Improving the Ease of Starting a Business in the Caribbean Funded by the Caribbean Development Bank (CDB) this programme seeks to improve the processes and procedures for starting a business by focussing on the re-engineering of the business registration processes, including their digital transformation and enhancing their customer service.

6 PROGRAMMES IMPLEMENTED

African-Export Import Bank (Afreximbank) - In June 2024, Caribbean Export and Afreximbank signed an MOU to collaborate on capacity building, information exchange, trade facilitation, and investment promotion between Africa and the Caribbean, aiming to unlock new opportunities for growth and collaboration. Development Bank of Latin America and the Caribbean (CAF) - Caribbean Export and CAF renewed their partnership to promote investment opportunities and foster economic transformation in the Caribbean, focusing on strategic collaborations to drive sustainable growth in the region. Pleion Group Inc. - In June 2024, an MOU was signed between Caribbean Export and Pleion Group Inc. to enhance regional transportation through the Connect Caribé initiative, aiming to boost regional trade and logistics, thereby driving economic growth across the Caribbean. DHL Group - Caribbean Export and DHL have formalized a strategic partnership through an MOU to enhance the capabilities of MSMEs in the Caribbean. This collaboration focuses on e-commerce, logistics, and professional development, supporting MSMEs' growth in the global marketplace. Caribbean Centre for Renewable Energy and Energy Efficiency - At the UN Climate Change Conference 29 (COP29), Caribbean Export and CCREEE renewed their MOU to promote renewable energy and energy efficiency across CARIFORUM states. The partnership focuses on empowering Caribbean businesses to adopt sustainable energy practices through technical assistance, capacity building, and joint project development.

MOUs Signed in 2024 Caribbean Export remains dedicated to driving economic growth, sustainability, and resilience in the Caribbean. In 2024, the agency forged key alliances with leading institutions to advance this mission, by signing the following memorandums of understanding (MOUs): EUROPEAN UNION PILLAR ASSESSED • Internal Control • Accounting • External Audit • Grants • Procurement • Exclusion from Access to Funding • Publication of Information on Recipients • Protection of Personal Data

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