“CARTAC is funded jointly by a range of contributors, including donor institutions, member countries and multilateral organizations. Financing consists of cash contributions from donors and recipients and in-kind contributions from the host Barbados.
The Canadian International Development Agency (CIDA) is providing the largest share of the Centre’s funding which is complemented by contributions from the International Monetary Fund (IMF), United Kingdom (DFID), Australia (AUSAID), the Caribbean Development Bank (CDB), the European Union (EU) and the Inter-American Development Bank (IADB). The Government of Barbados finances the costs of office facilities, while the other 19 beneficiary countries make annual contributions to the Centre’s operating expenses. Other contributors over the life of CARTAC include Ireland, the United Nations Development Programme (UNDP), the United States (USAID), and the World Bank (WB).
Read Below to find out more about each of CARTAC’s donor agencies and their work here in the region.”
The Government of Canada’s Development Programme
In 2007, Prime Minister Harper announced that Canada would provide $600 million in development assistance over 10 years for the Caribbean Community (CARICOM) countries (excluding Haiti).
The Caribbean region is one of Canada’s 20 ‘Countries’ of Focus for development assistance.
Formerly known as the Canadian International Development Agency (CIDA), the Development Programme in the Caribbean has a regional approach, contributing to Caribbean collaboration and integration efforts. Fourteen countries including Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Montserrat, Saint Kitts & Nevis, Saint Lucia, Saint Vincent & the Grenadines, Suriname and Trinidad & Tobago are served by the program. It focuses on promoting sustainable economic growth (SEG) and enhancing security through strengthening the rule of law and improving the management and mitigation of natural disasters.
Canada’s Partnership with Canadians Branch (PWCB) delivers programs in the Caribbean through Canadian partners – NGOs, universities, colleges, cooperatives, trade unions and municipalities. Most PWCB-supported activities are in Jamaica, Guyana and the Dominican Republic and focus on the areas of democratic participation and civil society as well as education.
The Multilateral and Global partnerships Branch (MGPB) provides financial support to multilateral institutions in the Caribbean including the Caribbean Development Bank (CDB), the World Bank, IDB, UNDP, and the IMF. In addition, MGPB provides humanitarian and disaster relief to the region based on needs and appeals. Canada is the largest non-regional shareholder in the CDB along with the UK, and Canada’s Executive Director at the CDB is the Director of the Development Programme’s Caribbean Program.
Department for International Development (DFID)
The Caribbean region matters to the UK. There are strong historical and cultural links and twelve Caribbean countries are Commonwealth members. Most Caribbean countries have reached middle-income status and are on track to achieve the majority of the Millennium Development Goals. However, the region remains vulnerable to economic shocks, high levels of violent and organised crime, natural disasters and climate change. In the next five years, the UK Government’s development assistance to the Caribbean region will prioritise:
- Supporting economic growth through private sector development to create business and job opportunities and increase exports to regional and global markets;
- Working with Caribbean countries to reduce violent and organised crime and to create safer communities;
- Improving the region’s ability to deal with and recover from the impacts of climate change and natural disasters.
With whom we will work
- DFID Caribbean works with other bilateral donors and Caribbean Governments to improve governance and security. Other key UK partners include the Foreign & Commonwealth Office, the Ministry of Defense, the Home Office, the Serious Organised Crime Agency and the Metropolitan Police. Other bilateral partners include the Canadian International Development Agency and the US Agency for International Development.
- Our wealth creation initiatives are implemented though multilateral and regional partners, such as the Inter-American Development Bank, Caribbean Development Bank and the International Monetary Fund.
- DFID builds on existing relationships with the Caribbean Community Climate Change Centre and the Caribbean Disaster Emergency Management Agency to deliver our support on climate change and disaster risk reduction. We also continue to work with the Foreign & Commonwealth Office and the Department for Energy and Climate Change.
European Union (EU)
The EU is a unique economic and political partnership between 27 European countries that together cover much of the continent.
It was created in the aftermath of the Second World War. The first steps were to foster economic cooperation: the idea being that countries who trade with one another become economically interdependent and so more likely to avoid conflict.
Since then, the EU has developed into a huge single market with the euro as its common currency. What began as a purely economic union has evolved into an organisation spanning all policy areas, from development aid to environment.
It has delivered half a century of peace, stability, and prosperity, helped raise living standards, and launched a single European currency. Thanks to the abolition of border controls between EU countries, people can travel freely throughout most of the continent. And it’s also become much easier to live and work abroad in Europe.
The EU is based on the rule of law. This means that everything that it does is founded on treaties, voluntarily and democratically agreed by all member countries. These binding agreements set out the EU’s goals in its many areas of activity.
One of its main goals is to promote human rights both internally and around the world. Human dignity, freedom, democracy, equality, the rule of law and respect for human rights: these are the core values of the EU. Since the 2009 signing of the Treaty of Lisbon, the EU’s Charter of Fundamental Rights brings all these rights together in a single document. The EU’s institutions are legally bound to uphold them, as are EU governments whenever they apply EU law.
The single market is the EU’s main economic engine, enabling most goods, services, money and people to move freely. Another key objective is to develop this huge resource to ensure that Europeans can draw the maximum benefit.