The attached Country Engagement Strategy (CES) sets out the strategic direction for the Caribbean Development Bank’s (CDB/the Bank) engagement with the Government of the Cooperative Republic of Guyana (GOGY) over the period 2023-25. The CES is guided by the overarching objectives of GOGY’s Low-Carbon Development Strategy 2030 which sets out a strategic vision to build a fair, inclusive, sustainable, and prosperous Guyana, aligned with the Sustainable Development Goals. The CES seeks to support the implementation of key thematic areas of GOGY’s development agenda, inclusive of its efforts to address ongoing infrastructural needs to sustain a resilient socio-economic recovery from the Coronavirus Disease 2019 pandemic.
The CES is selective and demand driven. It facilitates GOGY in its quest for concessional financing, concentrating mainly on the three key thematic areas of enhancing climate-resilient infrastructure, enhancing climate and disaster resilience, and enhancing social resilience. The Bank’s programme of assistance is designed to achieve the CES outcomes of: (a) improved access to, and enhanced quality and climate resilience of, the water supply; (b) enhanced gender-responsive and inclusive disaster risk management and disaster and climate resilience; and (c) enhanced livelihoods for disadvantaged and vulnerable communities. Good governance and gender equality will be mainstreamed in CDB’s interventions. A resource envelope of eighty-three million United States dollars ($83 mn) has been estimated to fund the indicative programme of assistance identified.
EXECUTIVE SUMMARY
1. COUNTRY CONTEXT
- Social and Economic Context Environmental Context Outlook
2. KEY DEVELOPMENT CHALLENGES AND MEDIUM-TERM PRIORITIES
3. COUNTRY PORTFOLIO REVIEW AND LESSONS LEARNT
- Country Portfolio
- Country Strategy 2017-2021 Review Lessons Learnt
4. COUNTRY ENGAGEMENT STRATEGY 2023˗25
- Strategic Alignment Resource Envelope
- Thematic Areas and Country Engagement Strategy Outcomes Implementing the 2023-25 Strategy
- Coordination with Development Partners Risk Analysis and Mitigation
APPENDICES