One of the institutions and regimes created to give life to the regional integration movement through the Revised Treaty of Chaguaramas, is the CARICOM Development Fund (CDF). It forms a critical part of the community's aim for equitable engagement among its member states. The idea for the CDF was borrowed substantially from a similar mechanism successfully employed the European Union (the EU's Cohesion Fund) in helping bring certain of its member states, such as Ireland, up to a certain economic level to assist them in effectively participating and benefiting from the integration process.