New regional sustainability bond targets US$250m
Business
Finance
October 7, 2026
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A first-ever regional sustainability bond was launched Tuesday to raise US$250m ($500m) to help Caribbean governments build climate-resilient infrastructure at below-market borrowing rates, with a market launch planned by the first quarter of 2027.
The bond was unveiled during the Caribbean Investment Forum at the Hilton Barbados Resort, with the CARICOM Development Fund (CDF) as its sponsor and Jamaica-based investment broker JMMB Group as arranger.
The bond would be issued through a special purpose vehicle, Caribbean Sustainability Investments Limited, according to CDF chief executive Rodinald Soomer.
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