The Central Bank of Curaçao and Sint Maarten hosted the 65th Bi-Annual Meeting of CARICOM Central Bank Governors in Willemstad, chaired by CBCS President Richard Doornbosch, bringing together governors from eleven Caribbean jurisdictions to discuss regional economic developments and the resilience of Caribbean financial systems. Discussions were framed by the theme “Resilience through Transformation” and considered global challenges including climate risk. Governors highlighted the need to develop a Regional Green Financial Taxonomy and called for World Bank/International Finance Corporation and CARICOM stakeholder engagement to ensure the taxonomy reflects regional needs. They also agreed to pilot the CARICOM Payment and Settlement System (CAPSS) using The Bahamas, Barbados, Trinidad and Tobago and the Eastern Caribbean Currency Union, and pointed to fast-payment systems and digital payments as enablers of financial inclusion and cross-border transactions, while stressing the role of public institutions in protecting the public interest as digital technologies evolve. Working group and committee reports underscored the importance of cross-border collaboration, with additional sessions covering cybersecurity challenges and a panel on the changing role of the U.S. dollar amid rising stablecoins. The governors are scheduled to reconvene in May 2026 under the chairmanship of Governor Kareem Michael of the Central Bank of Belize.

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