ISLANDS-Caribbean Incubator Facility

The general objective of this child project is to support the sustainable management of hazardous Chemicals and Wastes (C&W) in the Caribbean. Its specific objectives are: (i) to finance the development and strengthening of policy, legal, regulatory, and financial frameworks, tools, and instruments; and (ii) to channel financing to the private and public sectors to advance the sustainable management of hazardous C&W. A Facility will be created to support private sector companies and public sector entities to move towards a safe chemical development pathway. The Facility will deploy funding through two financing instruments: i) non-reimbursable technical assistance, and ii) investments grants that will directly assist blended finance investments or raise concessionality of possible IDB loans to Governments and the private sector.