Tag:
Development Finance Corporation
Government
GOB Announces DFC’s Accreditation by the Green Climate Fund
The Government of Belize announces that the Green Climate Fund Board has approved the Development Finance Corporation’s (DFC) bid as an accredited entity on July 1, 2025, during the 42nd board meeting held in Papua New Guinea.
Government
Development Finance Corporation and Caribbean Development Bank Ninth Consolidated Line of Credit Project Launch
The Development Finance Corporation (DFC) recently held a Project Launch event to celebrate the official signing of its Ninth Consolidated Line of Credit with the Caribbean Development Bank (CDB). This agreement secures US $20 million in affordable financing aimed at bolstering key sectors in Belize, including Agriculture and Industrial Credit (AIC), Education, Mortgage Finance (Housing), and Energy Efficiency/Renewable Energy (EE/RE).
Government
DFC Nominated for Accreditation to the Adaptation Fund
The Ministry of Economic Development, as the National Designated Authority (NDA), is pleased to announce the nomination of the Development Finance Corporation (DFC) for accreditation to the Adaptation Fund (AF). During the World Bank/International Monetary Fund (IMF) annual meetings in late October, a bilateral meeting was held between the Government of Belize and the AF. This nomination marks a crucial step in advancing Belize’s capacity to finance climate adaptation initiatives and support the resilience of communities facing the impacts of climate change.
Business & Economy
DFC established a Corporate Relations Department to support enterprise clients
On Tuesday, October 8th, the Development Finance Corporation (DFC) announced the creation of its new corporate relations department. This strategic initiative aims to improve service delivery to local enterprise clients, explicitly focusing on addressing more extensive client portfolios' unique needs. The decision to establish this department came after evaluating the customer base to identify those contributing the most significant portion of incoming revenue.
Government
DFC and NIME Sign Memorandum of Understanding to Empower Women Entrepreneurs and Drive Economic Growth in Belize
The Development Finance Corporation (DFC) and the Belize International Network for Women in Business (NIME) are excited to announce the signing of a Memorandum of Understanding (MOU), marking a significant milestone in their joint efforts to empower women entrepreneurs and promote economic growth in Belize. This strategic partnership aims to foster collaboration and support for the growth and development of women-owned businesses in Belize. It also signifies a major step towards DFC’s goal of positioning itself as the “Bank for Women”.
Community and Society
Island community enjoys Women’s Business Empowerment Fair
As part of Women’s Month, on Friday, March 15th, an empowerment fair for women in business was held at Central Park from 9:00 AM to 3:30 PM. The event, “Count Her In,” was organized by former Women’s Development Officer (WDO) Ms. Gianne L. Gillett to promote and empower women who own small businesses.
Community and Society
DFC Officially Submits Green Climate Fund Accreditation Application
The Development Finance Corporation takes a significant step forward in its commitment to combat climate change by officially submitting its accreditation application to the Green Climate Fund (GCF) on January 31, 2024. This landmark move positions DFC to access up to US $50 million in Green limate Funds, empowering the organization to spearhead transformative initiatives in the realm of sustainable development and environmental protection. The GCF, established to assist developing countries in addressing climate change through mitigation and adaptation efforts, serves as a crucial resource in advancing global climate action.
Government
Launch of Belize’s Gender Equality and Diversity Seal in the Workplace
The National Women’s Commission (NWC) and the United Nations Population Fund (UNFPA) is proud to announce the successful launch of the Gender Equality and Diversity Seal in the workplace. The initiative marks a significant milestone in fostering equality and diversity within organizations in Belize.
