What is the Caribbean Growth Forum?The CGF is an initiative supported by the Inter-American Development Bank (IDB), the World Bank (WB), and the Caribbean Development Bank (CDB) in collaboration with the United Kingdom Agency for International Development (DFID) and the Canadian International Development Agency (CIDA) that aims to facilitate a platform for public private dialogue around the growth challenge, with a view to identifying practical and implementable solutions that inspire action in each of the 15 Caribbean countries considered. The CGF engages a broad group of stakeholders, reaching beyond the traditional stakeholders to other critical players in the dialogue on economic growth including the private sector (both small and large enterprises), the youth, civil society, the media and the Caribbean Diaspora. Preparation started in 2011 and led to the launch of the initiative in June 2012 in Jamaica to a broad audience of policy makers, private sector and civil society from across the region.
Three areas for dialogues have been identified during the preparatory phase and validated at the launch event: namely, Investment Climate, Logistics and Connectivity and Skills and Productivity. Within the three areas both economy-wide and sector specific discussions take place. The CGF is organized in two phases: the first phase focuses on identification and prioritization of the concrete actions through a quick mobilization of actors and resources, during which the CGF facilitates the process; the second phase focuses on the implementation by the government, with the CGF facilitating the public accountability reporting on the progresses in the implementation of the prioritized actions.
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