The Blue Green Bank (BGB)

About this project

The Blue Green Bank (BGB) is a new national climate bank for Barbados that invests in national priority adaptation and mitigation projects for primarily micro, small and medium-sized enterprises (MSMEs) and households. •BGB is designed as a market maker to crowd in risk-averse local financial institutions to invest in climate projects which otherwise would not get financed. BGB will initially finance rooftop solar, resilient housing and water conservation through national programmes that have already been developed but need financing, It will expand to other sectors, including the blue economy, and has an aspiration to eventually expand throughout the Caribbean.

Published by

Green Climate Fund · Multilateral

Countries

Barbados

Sectors

Multisector aid for basic social servicesDisaster Risk ReductionEnergy generation, renewable sources - multiple technologies

Focus

Climate adaptation · Main focusClimate mitigation · Main focus

Funded by

Green Climate Fund

Implemented by

Pegasus Capital Advisors

Published by Green Climate Fund to the International Aid Transparency Initiative (IATI), last updated 1 Jul 2026 and imported automatically. IATI identifier: XM-DAC-41317-FP213.

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