Development Bank for Resilient Prosperity (DBRP) announces key partnerships to change the paradigm of development banking

Today, the Development Bank for Resilient Prosperity (DBRP), a dynamic and outcomes-driven multilateral development bank with a global scope, announced key partnerships with Kinesis, The University of the West Indies (UWI), the Organisation of Eastern Caribbean States (OECS), and the PVBLIC Foundation at an event held in Kingston, Jamaica at the Headquarters of the University of the West Indies.

The DBRP is initially focused on supporting Small Island Developing States (SIDS) and empowering developing nations to leverage real-world natural assets to improve access to development financing, while providing innovative solutions to drive sustainable growth and resilience.

The event featured distinguished speakers including:

• Mr Thomas Coughlin, CEO of Kinesis
• Sir Hilary Beckles, Vice-Chancellor of The University of the West Indies
• The Most Hon. P.J. Patterson, Former Prime Minister of Jamaica and UWI Statesman-in-Residence
• H.E Dr. Didacus Jules, Director-General of the Organisation of Eastern Caribbean States
• H.E. Aubrey Webson, Antigua and Barbuda’s Ambassador and Permanent Representative to the United Nations
• Mr Sergio Fernandez de Cordova, Executive Chairman of PVBLIC Foundation
• Dr. Gene Leon, Executive Director of DBRP

The launch event highlighted the magnitude of challenges faced by SIDS and presented innovative solutions for building resilient prosperity in developing nations. Dr Nekeisha Spencer, Senior Lecturer at UWI’s Department of Economics, shared key insights on the challenges facing SIDS, while the event was moderated by Professor David Tennant, Professor of Development Finance at UWI.

The DBRP represents a significant step forward in addressing the unique development challenges faced by Small Island Developing States (SIDS), combining traditional development finance approaches with innovative solutions to build lasting resilience and prosperity.          

Watch the event here

About DBRP

The Development Bank for Resilient Prosperity is dedicated to supporting the sustainable development and economic resilience of Small Island Developing States and developing nations through innovative financing solutions and strategic partnerships.