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Cross-Border Investment
in Support of Agrotourism Linkages
CARICOM DEVELOPMENT FUND
Caribbean Agrotourism Policy Setting Workshop
Strengthening the Regional Agrifood Sector to Service Tourism
Demand and Promoting Authentic Tourism Offerings in Rural
Communities
The CDF
Established under Article 158 of the Revised Treaty of
Chaguaramas, the CDF is a key policy instrument
geared to mitigate socio-economic disparities among
and dislocations within Member States, arising from their
participation in the CARICOM Single Market and
Economy (CSME).
Mandate
To provide technical and financial assistance to
Disadvantaged Countries, Regions and Sectors. 2
• Barbados
• Jamaica
• Trinidad and
Tobago
• Suriname
• Guyana
MDCs
• Antigua and
Barbuda
• Belize
• Dominica
• Grenada
• Saint Lucia
• St Kitts and
Nevis
• St Vincent and
the
Grenadines
LDCs
3
Membership of the CDF
4
• In each Subvention Cycle, thematic priorities are
determined after consultations with Member States,
and approved by the Community.
• Member States’ Contributions are determined every
Subvention Cycle (Contribution formula).
• Collaboratively, Country Assistance Programmes
(CAPs) are designed to position disadvantaged
countries, regions and sectors to maximize the
benefits of the CSME.
CDF Funding
5
• Fund operates in four (4) year cycles,
Currently - second cycle (ends in 2020).
• Financial support provided through Loans &
Grants, and TA (as mandated).
• Eligibility restricted to CDF Member States
which have paid in contributions (‘pay to play’
principle).
• MDCs & LDCs contributions, along with
development partners’ support, fund each
Cycle’s programmes.
CDF Funding
PROJECTS:
• The CDF, since commencement of operations has
been offering TA and financial support to productive
sectors of LDCs including for agriculture and tourism
development.
• CDF funded projects with agro-tourism elements:
- Village Tourism Initiative - VTI (SLU – Ongoing)
TA approved to develop a roadmap and provide inter
alia business development support to SMEs.
• Objective of VTI is to remove barriers to local
investment, economic development and inclusion, in
developing sustainable village-based tourism activities
that showcase the socio-cultural authenticity of host
communities
• Villages will be elevated to tourism destinations, each
highlighting a unique aspect of the island’s arts, culture,
and heritage
• The main focus will be on promotion and active
facilitation of local ownership of community-based
Accommodation, Restaurant and Bar facilities providing
authentic experiences that would in turn generate
demand for locally-produced products and services.
VTI cont’d:
 There will be backward linkages to Agritourism
Development with various elements including:
- Culinary festivals
- ‘farm-to- table experiences’ for cruise and day visitors.
- Promotion of traditional or creative Caribbean recipes;
food processing.
- Farm tours, including cooking demos and U-Pick
experiences
- Training farmers in sustainable agriculture, using organic
and low-input technologies to supply high end resorts
• Youth Agri-Entrepreneurship Project (YAEP)
(Completed)
• Assisted 150 youth in St. Lucia between the ages of
18-35 years with technical and financial support to
establish agricultural enterprises.
• Provided a grant to set up a revolving facility with the
national development bank for access to working
capital for agricultural enterprises
• Project designed originally to Strengthen linkages
between tourism and agriculture (changes in scope &
other issues affected this outcome). Evaluation
forthcoming.
JimSan Aquaponics Expansion (BZE –Completed)
Beneficiary of CDF loan support via DFC and CDF direct
contribution to farm rehabilitation & incorporation of
Renewable Energy
 Integrated vegetable and tilapia operation – Organized
tours to observe organic soil-less operation.
 Severely impacted by Hurricane Earl in August 2016.
Operations restarted focusing on production of high-
priced vegetables (kale, romaine lettuce etc.)in 2018.
 Since recommencement, little focus on tours or
training.
• Covered structures (BZE- MinAg)
- Assist rural poor to construct at least 30 fabricated
structures for controlled vegetable production, plus water
harvesting and distribution systems.
• Honey Revitalization (BZE- MinAg)
- Support for employment creation among disadvantaged
youth and rural women to expand honey production.
- Address shortfalls experienced by Hotels and other large
users of honey - (contraband, adulterated honey are key
problems in BZE)
• Rural agricultural infrastructure
development in small scale farming
communities – (GUY – Completed)
- Establish modern and efficient drainage and
irrigation systems
- Water conservation to address drought
conditions and flood control in farming
communities during storm events, to achieve
consistency in production (quality and quantity).
18
Country Purpose
Antigua & Barbuda
TA for development of Antigua & Barbuda-
Suriname agriculture cooperation, and
implementation of priority elements.
Dominica
Refurbished and equipped 2 fresh food
packhouses to enhance agricultural exports;
enhanced capabilities of national standards
body to test and certify agricultural products
to meet export quality requirements.
St. Kitts & Nevis
Water treatment, Irrigation system installation
and other farm equipment procurement for
farmers at Indian Castle.
Other Projects in Agriculture with Potential
Links to Tourism
Intra-Regional Transport
20
• The CDF has approved lines of credit to 5 national
development banks for onlending to SME’s including for
agricultural and tourism activities, accounting on average for
over 35% of loan portfolios.
• Development banks indicated very low uptake by clients of
resources for agriculture-tourism ventures. Potential needs to
be exploited.
• Revolving funds to provide sustained financing for SMEs – e.g.
St. Lucia and Belize
Development Banks as Conduits for
support to Agriculture and Tourism.
Conclusion:
- CDF is open to playing an expanded role as a
financier of agro-tourism initiatives through
Country Assistance Programmes (CAPs) and
regional initiatives.
- We are keen to collaborate with other regional
agencies and external partners in the process.
22
Thank
You

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Caribbean Agrotourism Policy Setting Workshop: Rodinald Soomer; Cross-Border Investment in Support of Agrotourism Linkages

  • 1. Cross-Border Investment in Support of Agrotourism Linkages CARICOM DEVELOPMENT FUND Caribbean Agrotourism Policy Setting Workshop Strengthening the Regional Agrifood Sector to Service Tourism Demand and Promoting Authentic Tourism Offerings in Rural Communities
  • 2. The CDF Established under Article 158 of the Revised Treaty of Chaguaramas, the CDF is a key policy instrument geared to mitigate socio-economic disparities among and dislocations within Member States, arising from their participation in the CARICOM Single Market and Economy (CSME). Mandate To provide technical and financial assistance to Disadvantaged Countries, Regions and Sectors. 2
  • 3. • Barbados • Jamaica • Trinidad and Tobago • Suriname • Guyana MDCs • Antigua and Barbuda • Belize • Dominica • Grenada • Saint Lucia • St Kitts and Nevis • St Vincent and the Grenadines LDCs 3 Membership of the CDF
  • 4. 4 • In each Subvention Cycle, thematic priorities are determined after consultations with Member States, and approved by the Community. • Member States’ Contributions are determined every Subvention Cycle (Contribution formula). • Collaboratively, Country Assistance Programmes (CAPs) are designed to position disadvantaged countries, regions and sectors to maximize the benefits of the CSME. CDF Funding
  • 5. 5 • Fund operates in four (4) year cycles, Currently - second cycle (ends in 2020). • Financial support provided through Loans & Grants, and TA (as mandated). • Eligibility restricted to CDF Member States which have paid in contributions (‘pay to play’ principle). • MDCs & LDCs contributions, along with development partners’ support, fund each Cycle’s programmes. CDF Funding
  • 6. PROJECTS: • The CDF, since commencement of operations has been offering TA and financial support to productive sectors of LDCs including for agriculture and tourism development. • CDF funded projects with agro-tourism elements: - Village Tourism Initiative - VTI (SLU – Ongoing) TA approved to develop a roadmap and provide inter alia business development support to SMEs.
  • 7. • Objective of VTI is to remove barriers to local investment, economic development and inclusion, in developing sustainable village-based tourism activities that showcase the socio-cultural authenticity of host communities • Villages will be elevated to tourism destinations, each highlighting a unique aspect of the island’s arts, culture, and heritage • The main focus will be on promotion and active facilitation of local ownership of community-based Accommodation, Restaurant and Bar facilities providing authentic experiences that would in turn generate demand for locally-produced products and services.
  • 8. VTI cont’d:  There will be backward linkages to Agritourism Development with various elements including: - Culinary festivals - ‘farm-to- table experiences’ for cruise and day visitors. - Promotion of traditional or creative Caribbean recipes; food processing. - Farm tours, including cooking demos and U-Pick experiences - Training farmers in sustainable agriculture, using organic and low-input technologies to supply high end resorts
  • 9. • Youth Agri-Entrepreneurship Project (YAEP) (Completed) • Assisted 150 youth in St. Lucia between the ages of 18-35 years with technical and financial support to establish agricultural enterprises. • Provided a grant to set up a revolving facility with the national development bank for access to working capital for agricultural enterprises • Project designed originally to Strengthen linkages between tourism and agriculture (changes in scope & other issues affected this outcome). Evaluation forthcoming.
  • 10.
  • 11.
  • 12. JimSan Aquaponics Expansion (BZE –Completed) Beneficiary of CDF loan support via DFC and CDF direct contribution to farm rehabilitation & incorporation of Renewable Energy  Integrated vegetable and tilapia operation – Organized tours to observe organic soil-less operation.  Severely impacted by Hurricane Earl in August 2016. Operations restarted focusing on production of high- priced vegetables (kale, romaine lettuce etc.)in 2018.  Since recommencement, little focus on tours or training.
  • 13.
  • 14.
  • 15. • Covered structures (BZE- MinAg) - Assist rural poor to construct at least 30 fabricated structures for controlled vegetable production, plus water harvesting and distribution systems. • Honey Revitalization (BZE- MinAg) - Support for employment creation among disadvantaged youth and rural women to expand honey production. - Address shortfalls experienced by Hotels and other large users of honey - (contraband, adulterated honey are key problems in BZE)
  • 16. • Rural agricultural infrastructure development in small scale farming communities – (GUY – Completed) - Establish modern and efficient drainage and irrigation systems - Water conservation to address drought conditions and flood control in farming communities during storm events, to achieve consistency in production (quality and quantity).
  • 17.
  • 18. 18 Country Purpose Antigua & Barbuda TA for development of Antigua & Barbuda- Suriname agriculture cooperation, and implementation of priority elements. Dominica Refurbished and equipped 2 fresh food packhouses to enhance agricultural exports; enhanced capabilities of national standards body to test and certify agricultural products to meet export quality requirements. St. Kitts & Nevis Water treatment, Irrigation system installation and other farm equipment procurement for farmers at Indian Castle. Other Projects in Agriculture with Potential Links to Tourism
  • 20. 20 • The CDF has approved lines of credit to 5 national development banks for onlending to SME’s including for agricultural and tourism activities, accounting on average for over 35% of loan portfolios. • Development banks indicated very low uptake by clients of resources for agriculture-tourism ventures. Potential needs to be exploited. • Revolving funds to provide sustained financing for SMEs – e.g. St. Lucia and Belize Development Banks as Conduits for support to Agriculture and Tourism.
  • 21. Conclusion: - CDF is open to playing an expanded role as a financier of agro-tourism initiatives through Country Assistance Programmes (CAPs) and regional initiatives. - We are keen to collaborate with other regional agencies and external partners in the process.

Hinweis der Redaktion

  1. Guyana is still classified as Heavily Indebted Poor Country. All LDC’s have paid up but most have committed their resources.
  2. #3.CDF support is provided to eligible countries as CAPs. No specific budget is set aside solely for attending to Climate Change or NAMAS. However eligible countries will indicate their interest in allocating whatever portion of their development allocation towards this area.
  3. Under newly constructed greenhouse provided to beneficiaries (2015), photos of some equipment provided for YAEP support - chipper/shredders and hand–held tillers
  4. Clockwise from top: YAEP beneficiary discussing crop issues with CDF staff; YAEP participants, engage in soil preparation activities; YAEP beneficiaries displaying produce; Agricultural extension staff, YAEP beneficiaries along with CDF staff engage in discussions related to the project;
  5. Jimmy Jones stands amidst the destroyed aquaponics greenhouse structures following Hurricane Earl In August 2016.
  6. Section of Jim San Aquaponics rebuilt structures (2018).
  7. Other Projects provided tourism-agriculture linkage through provision of high quality crops and livestock products to meet the needs of the hospitality industry:
  8. Column1: Naamryck Cross Dam; Column 2: Parika Village bridge ;and Column 3:Kent Dam (Before and after Pictures)
  9. Sample of projects which have elements of agro-tourism attached - LDC’s.