- Agricultural Services (Other), excluding agricultural support services
- Renewable energy
- Economia, total goods
- Agri-Food (total)
- Science, technology and innovation
- Agricultural buildings, structures and facilities
- Machines, tools and equipment
- Environment and natural resources
- Mobility, Services or Transport Logistics
- Business organization and management
- Information technology
- Communication technology
Barbados 2035: A Plan for Investment in Prosperity & Resilience
Fecha de inicio:
2024
Fecha de fin:
N/A
Description
Barbados 2035 is a comprehensive investment plan developed by the Bridgetown Initiative Unit that establishes a roadmap for investing US$11.6 billion until 2035 across 12 strategic priorities that build social, economic, and climate resilience. The plan is grounded in the six missions of Mission Barbados and defines quantifiable targets such as achieving 100% renewable energy by 2035, reducing non-communicable diseases and crime by 50%, guaranteeing universal access to clean water and nutritious food, and creating 10,000 quality jobs with average GDP growth of 5% annually. The plan identifies that approximately 60% (US$6.6 billion) of required investment will come from the private sector, while US$5 billion needs public financing, leaving a gap of US$3.6 billion requiring support from development partners and blended finance mechanisms. Implementation focuses on catalytic projects in the first 3-5 years that unlock private investment, strengthen institutional capacity, and transform Barbados from a small island state to a large-ocean sustainable, prosperous, and inclusive state.
Iniciative Type
Action scope
Sectors:
Thematic Areas:
- Value Addition
- Bioeconomy
- Soil Health
- Bioinputs
- Family Farming
- One Health
- Digital Transformation
- SPS Services
- Water for Agriculture
- International Trade and Regional Integration
- Regenerative and Resilient Agriculture
- Sanitary and Phytosanitary Measures
- Territorial Management
- Women and Rural Youth
- Biodiversity Conservation
- Bioenterprises
- Biofuels
- Associativity
- Science, Technology, and Innovation
Countries:
Instruments:
- Green, Social, or Sustainable Bonds
- Sustainability Standards or Protocols
- Direct purchase and delivery of agricultural inputs (seeds, fertilizers, etc.)
- Minimum support or guarantee price for agrifood products
- Public or institutional purchases or procurement of food
- Technical, Sectoral, or Advisory Tables
- Land titling
- Land use planning or agricultural zoning
- Scientific-technological transfer (from the laboratory to the market)
- Access to entrepreneurial financing or seed capital
- Internacional humanitarian and Development Assistance
- Grants for personnel recruitment, training, apprenticeship, and workforce retention in processing or
- Grants to modernize packaging, packaging and labeling processes or compliance with standards
- Subsidies for the incorporation of devices/technologies for processing and manufacturing
- Seedling/working capital grants to start manufacturing or processing processes
- Subsidies for administrative, professional or engineering expenses in processing and manufacturing
- Grants for the purchase, adaptation or modernization of processing and manufacturing equipment
- Grants for construction/purchase/modernization of processing and manufacturing facilities
- Electronic commerce of agri-food products
- Microcredits
- Setting of emission reduction objectives and targets
- Carbon capture and storage
- Strengthening of international negotiation capacities
- Payments or subsidies to the producer for the acquisition of fixed assets (fixed capital formation)
- Support for the adoption of agricultural technologies (transfering to producers)
- Payments or subsidies to the producer based on farm services (mechanization, etc.)
- Education and training for farmers
- Payments or subsidies for the acquisition of variable inputs (eg fertilizers)
- Payments or subsidies to the producer based on agricultural production
- Early warning systems
- Situation and prospective analysis (regional or international)
- International initiatives in research and development
- Formalization incentives
- Strategic reserves
- Guides, manuals, protocols
- International financial cooperation
- Incentives or subsidies for the adoption of good sustainable production practices
- Business incubation and acceleration
- Guarantee or endorsements
- Harmonization of standards and regulations
- Monetary transfers to consumers or families
- Expansion of the supply of agricultural credit
- Production infrastructure
- Conditional social transfers
- Institutional capacity building
- Support to technological research and development
- Food aid
- Agricultural extension services
- International technical cooperation
- Education and awareness building
- Voluntary standards
- Support or subsidy for agricultural producer prices
- Inspection and control
- Marketing and trade promotion
- Networks and platforms for dialogue and collaboration
- Regulations, standards and legal frameworks
- Carbon tax
- Direct transfers to producers
- Catastrophe insurance
- Harvest insurance
- Price insurance
- Blockchain or digital traceability
- Digitization of information
- Entrepreneurial capacity building
- Technical assistance to producers
- Artificial intelligence
- International, public-private partnerships
- Strategic planning
- Experience sharing
- PES: Payment for environmental or ecosystem services
- Supply and service center
- Financial trusts
- Prospective studies (forecasting)
- Policy to Improve Data and Information Access and Management
- Studies and diagnoses
- Individual capacity building
- Bilateral, regional, multi-country, multilateral and global agreements
- Construction or improvement of housing
- Strategies, plans, policies or guidelines; sectoral or national
- Support or subsidy for the acquisition of production assets
- Organization of innovation systems
- Fostering of associativity
- Investment funds
- Intersectoral and interinstitucional coordination
- Policy Monitoring and Evaluation
- Linkages between producers and value chains and markets
- Public infrastructure investment
- Demonstration plots
- Technology validation
- Field schools
- Plant genebanks
- Business plans
- Creation and Development of Standards, Certifications, Labeling, and Seals
- Influence on public policies
- Agri-food digitilation
Resultados:
- Environmental sustainability
- Access to financial services
- Land use change
- Social learning
- Acceptability
- Productive diversification
- Increased knowledge
- Reduction food loses and waste
- Employment
- Water management
- Water quality
- Food access
- Food affordability
- Malnutrition prevention
- Territorial planning
- Animal disease control
- Plant health
- Safe trade
- Effectiveness of public expenditure
- Rational and precise use of fertilizers
- Gender equity
- Energy transition
- Agrifood systems that use resources efficiently, are low carbon and more circular
- Economy and low carbon systems
- Climate change resilience
- Production inclusion
- Training of skilled technicians
- Risk mitigation
- Biodiversity
- Poverty reduction
- Profitability
- Food and nutritional security
- Animal health
- Logistical and administrative support
- Improved productivity
- Governability
- Social inclusion
- Economic growth
- Trade competitiveness
- Soil health
- Allocation of public expenditure
- Export and import traceability
- Information generation
- Plant disease control
- Improvement in technical assistance and rural extension services
- Digital transformation
- Jobs generated
- Income improvement
- Improved living conditions
- Market efficiency
- Bilateral and regional trade agreements
- Climate mitigation
- Sustainable Rural Development
- Land tenure
- Public policy development and implementation
- Technological Innovation
- Watershed revitalization
- Institutional capacity building
Beneficiaries:
- Consumers
- Caregivers
- Urban or peri-urban farmers
- Agro-industrial producers
- Agricultural producers
- Entrepreneurs
- Agricultural workers
- Public institutions
- Family agriculture
- Private enterprises
- Researchers
- Land owners or users
- Producer organizations (cooperatives, etc.)
- Women
- MSMEs
- Youth
- Exporters
- Rural communities
- Value Chains
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