
Landmark accreditation positions the Agency as one of only four regional Direct Access Entities in the Caribbean and opens the door to millions in climate finance for transformative private sector investment across the region
Caribbean Export Development Agency (Caribbean Export) welcomes its accreditation by the Green Climate Fund (GCF), marking a defining moment for the institution, a major achievement for the Caribbean, and a bold new chapter for private sector-led climate action in the region. In securing this milestone, Caribbean Export becomes one of only four regional Direct Access Entities in the Caribbean accredited by the GCF, a major step that significantly elevates the region’s ability to access, shape, and deploy international climate finance through institutions rooted in Caribbean priorities and realities.
For Caribbean Export, this is far more than a credential. It is a game-changing platform for action. In its 30th year of operations, the Agency enters this role not as a passive conduit for funding, but as an active regional force with the mandate, private sector expertise, and trusted partnerships to convert climate ambition into investable programmes and projects that can transform businesses and economies across the Caribbean.
As a regional institution focused on private sector development for the past 30 years, Caribbean Export’s accreditation represents a major breakthrough for the Agency and wider region. It strengthens its ability to help develop and implement climate-related projects and programmes that respond to the needs of Caribbean countries and businesses. It also positions the Agency to play a stronger role in creating pipelines of investment-ready initiatives that help Caribbean businesses build resilience, modernize operations, adopt cleaner technologies, and compete in a rapidly changing global economy.
The Green Climate Fund works through Accredited Entities to develop funding proposals and manage projects and programmes that help countries turn climate priorities into action, with financing instruments that can include concessional loans, equity, guarantees, lines of credit, and grant-based capacity building. As a Direct Access Entity, Caribbean Export is now strategically positioned to help open the door to these resources and to crowd in the scale of capital the region has long needed. The opportunity is transformative: to unlock millions of dollars for Caribbean businesses, mobilise new partnerships, and support a new generation of commercially viable climate investments that the region has not previously been positioned to pursue at this level through a regional private sector-focused institution.
For the Caribbean, where firms and communities face increasing climate-related shocks including stronger hurricanes, drought, coastal erosion, and rising operating costs, accreditation creates a new pathway to structure and scale projects that directly support business resilience and regional transformation. This can include initiatives in renewable energy and energy efficiency, climate-smart agriculture, resilient infrastructure, sustainable tourism, green manufacturing, water security, innovation, and financial instruments that help de-risk private investment.
Dr. Damie Sinanan, Executive Director of Caribbean Export, said:
“This is a transformative moment for Caribbean Export and for the region we serve. Accreditation to the Green Climate Fund significantly strengthens our ability to support the development of climate finance opportunities for the Caribbean’s private sector, the engine of jobs, innovation and economic growth. It gives us the opportunity to help businesses access the resources they need to adapt, invest, innovate and lead the region’s transition to a more resilient and sustainable future.”
He added:
“For too long, many Caribbean businesses, particularly MSMEs, have faced major barriers in accessing the scale and type of support required to respond meaningfully to the climate crisis. This milestone opens the door to a new generation of projects and partnerships that can help enterprises invest in clean energy, climate resilience, sustainable production, and stronger value chains. The potential impact for the region is profound.”
Caribbean Export is the regional trade and investment promotion agency focused on building a resilient Caribbean by delivering high-impact support to the private sector. Its mandate and track record position the Agency to play a catalytic role in identifying and advancing bankable climate-related investments that respond to regional needs while supporting sustainable economic development.
Achala Abeysinghe, Director of the Green Climate Fund’s Department of Investment Services said:
“We are pleased to welcome the Caribbean Export Development Agency as an Accredited Entity of the Green Climate Fund. This new partnership, with a regional direct access entity, will expand access to climate finance and support private sector development across the small island developing states of the Caribbean.”
“Partnering with the Caribbean Export Development Agency reinforces GCF’s commitment to collaborate with more regional institutions to increase direct access to climate finance in support of resilient economies. As we move forward, GCF’s revised Accreditation Framework will enable the Fund’s partnership model to become even more transparent, responsive, and efficient, enhancing fairness and country ownership.”
This development is especially significant because the Green Climate Fund has increasingly emphasized improving access to climate finance and scaling private sector participation, recognizing that private investment is essential to achieving climate-resilient and low-emission development. For the Caribbean, that matters enormously. The region now has an expanded opportunity to move beyond small, fragmented interventions and toward larger, more strategic and more bankable programmes that can channel climate finance to the businesses, sectors, and value chains that need it most. GCF notes that the private sector has an unparalleled role to play in clean energy, sustainable transport, green infrastructure, and climate-resilient agriculture.
The next phase is already in sight. Caribbean Export has concepts being prepared and is getting ready to submit them into the GCF process, with a clear focus on building a strong pipeline of high-impact initiatives that can strengthen resilience, improve investment readiness, and expand access to finance for businesses across the region.
Caribbean Export looks forward to working closely with Caribbean governments, financial institutions, development partners, entrepreneurs, and private sector stakeholders to develop impactful climate projects and programmes that can strengthen resilience, improve investment readiness, and unlock sustainable growth throughout the region.
This is not simply an institutional milestone. It is a regional opportunity of enormous significance, one that gives the Caribbean a stronger hand in shaping its own climate future and gives businesses a more direct pathway to the resources required to invest, adapt, and grow.


