The IDB Country Office of Barbados is supporting the country’s goal of fully transitioning to renewable energy while fostering fiscal sustainability, safeguarding social outcomes, and promoting higher productivity and competitiveness to enhance the country’s growth potential.
Overview
The Inter-American Development Bank (IDB) operates in Barbados through appointed governors who represent the country on the Board of Governors.
For daily operations at the Bank's Washington, D.C. headquarters, Barbados shares a chair on the Board of Executive Directors with Bahamas, Guyana, Jamaica, and Trinidad and Tobago. This chair is led by an executive director elected to a three-year term by the governors of these countries.
Executive Director: Quinton Charles Lamont Lightbourne
ALTERNATE EXECUTIVE DIRECTOR(S):
- Sarah Anne Yearwood
ELECTED BY: Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago
Total Contribution: 3,976,690
Number of votes: 19,441
of the institution's ownership
Address: "Hythe" Welches Maxwell Main Road BB17068
Christ Church Barbados
P.O. Box 402 Bridgetown BB11000
Barbados
Phone number: (1-246) 627-8500
E-mail: [email protected]
The IDB country strategy with Barbados for the 2025-2030 period aims to accelerate progress towards inclusive growth and resilience. The strategy is structured around three pillars that are mutually reinforcing:
- Further revitalize the economy and promote inclusive sustainable growth.
- Enhance social resilience to thrive in a changing world.
- Build climate resilience and promote energy transformation.
While the first pillar focuses on unlocking economic growth through higher productivity, the second and third pillars aim to build resilience. Increased resilience enhances the ability to withstand shocks, thereby mitigating the impact of economic downturns.
In addition, the country strategy includes three cross-cutting themes to be mainstreamed in the interventions, which are promoting gender equality and diversity, boosting innovation, and strengthening institutional capacity.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| BA-T1154 | OTHER | OTHER | Bridging the financing gap for digital startups in Barbados | 1,553,500.00 | Preparation | |
| BA-G1009 | OTHER | OTHER | Bridging the financing gap for digital startups in Barbados | 2,225,000.00 | Preparation | |
| BA-T1156 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Strengthening the Bajan Harvest Hub Cluster: Governance, Digitalization and Climate Resilience | 769,000.00 | Preparation | |
| BA-T1149 | TRADE | TRADE FACILITATION, TRADE LOGISTICS AND CUSTOMS | Support for the Preparation and Supervision of the Transforming Food Systems for Resilience Program | 850,000.00 | Preparation | |
| BA-T1148 | REFORM / MODERNIZATION OF THE STATE | REFORM AND PUBLIC SECTOR SUPPORT | Enhancing Public Sector Performance in Barbados | 250,000.00 | Preparation | |
| BA-T1143 | ENVIRONMENT AND NATURAL DISASTERS | ENVIRONMENTAL MANAGEMENT AND GOVERNANCE | Learning from Indigenous and Local Communities sustainability practices | 250,000.00 | Implementation | May. 26, 2026 |
| BA-T1155 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Knowledge Exchange between Barbados and Colombia on Science and Technology based Entrepreneurship and Innovation Ecosystem Development | 20,000.00 | Implementation | May. 6, 2026 |
| BA-T1151 | SOCIAL INVESTMENT | LABOR POLICY | Support to the Ministry of Labor, Social Security and Third Sector and the National Insurance and Social Security Service for the modernization of Labor and Social Security Institutions in Barbados | 350,000.00 | Preparation |
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 1,553,500.00
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 2,225,000.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 769,000.00
- Sector: TRADE
- Project Status: Preparation
- Approval Date:
- Financing: 850,000.00
- Sector: REFORM / MODERNIZATION OF THE STATE
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Implementation
- Approval Date: May. 26, 2026
- Financing: 250,000.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Implementation
- Approval Date: May. 6, 2026
- Financing: 20,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 350,000.00
Overview
The Inter-American Development Bank (IDB) operates in Barbados through appointed governors who represent the country on the Board of Governors.
For daily operations at the Bank's Washington, D.C. headquarters, Barbados shares a chair on the Board of Executive Directors with Bahamas, Guyana, Jamaica, and Trinidad and Tobago. This chair is led by an executive director elected to a three-year term by the governors of these countries.
Executive Director: Quinton Charles Lamont Lightbourne
ALTERNATE EXECUTIVE DIRECTOR(S):
- Sarah Anne Yearwood
ELECTED BY: Bahamas, Barbados, Guyana, Jamaica, and Trinidad and Tobago
Total Contribution: 3,976,690
Number of votes: 19,441
of the institution's ownership
Address: "Hythe" Welches Maxwell Main Road BB17068
Christ Church Barbados
P.O. Box 402 Bridgetown BB11000
Barbados
Phone number: (1-246) 627-8500
E-mail: [email protected]
The IDB country strategy with Barbados for the 2025-2030 period aims to accelerate progress towards inclusive growth and resilience. The strategy is structured around three pillars that are mutually reinforcing:
- Further revitalize the economy and promote inclusive sustainable growth.
- Enhance social resilience to thrive in a changing world.
- Build climate resilience and promote energy transformation.
While the first pillar focuses on unlocking economic growth through higher productivity, the second and third pillars aim to build resilience. Increased resilience enhances the ability to withstand shocks, thereby mitigating the impact of economic downturns.
In addition, the country strategy includes three cross-cutting themes to be mainstreamed in the interventions, which are promoting gender equality and diversity, boosting innovation, and strengthening institutional capacity.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| BA-G1009 | OTHER | OTHER | Bridging the financing gap for digital startups in Barbados | 2,225,000.00 | Preparation | |
| BA-T1154 | OTHER | OTHER | Bridging the financing gap for digital startups in Barbados | 1,553,500.00 | Preparation | |
| BA-T1156 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Strengthening the Bajan Harvest Hub Cluster: Governance, Digitalization and Climate Resilience | 769,000.00 | Preparation | |
| BA-T1149 | TRADE | TRADE FACILITATION, TRADE LOGISTICS AND CUSTOMS | Support for the Preparation and Supervision of the Transforming Food Systems for Resilience Program | 850,000.00 | Preparation | |
| BA-T1148 | REFORM / MODERNIZATION OF THE STATE | REFORM AND PUBLIC SECTOR SUPPORT | Enhancing Public Sector Performance in Barbados | 250,000.00 | Preparation | |
| BA-T1143 | ENVIRONMENT AND NATURAL DISASTERS | ENVIRONMENTAL MANAGEMENT AND GOVERNANCE | Learning from Indigenous and Local Communities sustainability practices | 250,000.00 | Implementation | May. 26, 2026 |
| BA-T1155 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Knowledge Exchange between Barbados and Colombia on Science and Technology based Entrepreneurship and Innovation Ecosystem Development | 20,000.00 | Implementation | May. 6, 2026 |
| BA-T1151 | SOCIAL INVESTMENT | LABOR POLICY | Support to the Ministry of Labor, Social Security and Third Sector and the National Insurance and Social Security Service for the modernization of Labor and Social Security Institutions in Barbados | 350,000.00 | Preparation |
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 2,225,000.00
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 1,553,500.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 769,000.00
- Sector: TRADE
- Project Status: Preparation
- Approval Date:
- Financing: 850,000.00
- Sector: REFORM / MODERNIZATION OF THE STATE
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Implementation
- Approval Date: May. 26, 2026
- Financing: 250,000.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Implementation
- Approval Date: May. 6, 2026
- Financing: 20,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 350,000.00
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