IDB and Banco do Brasil Launch Program to Promote Biodiversity and Climate Action

September 21, 2023
NEW YORK - The Inter-American Development Bank (IDB) and Banco do Brasil today signed a letter of intent paving the way for a $250 million financing program, part of a Conditional Credit Line for Investment Projects (CCLIP) of up to $1 billion. The program will promote the bioeconomy and sustainable infrastructure initiatives, with an emphasis on connectivity and renewable energy sources, in Brazil's Amazonian states. The announcement was made during a meeting between IDB President Ilan Goldfajn and Banco do Brasil President Tarciana Medeiros.

IDB Forms New International Partnerships to Scale Up Development of Green Bond Markets

September 06, 2023
CARTAGENA, Colombia – The Inter-American Development Bank (IDB) has announced three new partnerships with international development organizations to support the development of green bond markets in Latin America and the Caribbean and other emerging markets. The partnerships were announced during the Finance in Common Summit, which is taking place on September 4-6 in Cartagena, Colombia. 

IDB Calls for Greater Collaboration with Public Development Banks to Mobilize Resources for SDGs, Climate Change

September 04, 2023
CARTAGENA, Colombia – Inter-American Development Bank President Ilan Goldfajn called for greater collaboration between multilateral and public development banks to mobilize more resources towards the achievement of the sustainable development goals and addressing climate change during the Finance in Common Summit (FiCS). 

Governors of Brazil's Legal Amazon to Increase Collaboration and Develop Investment Plans with IDB Support

August 07, 2023
BELÉM, Brazil – The Governors of the Brazilian Interstate Consortium for the Sustainable Development of the Legal Amazon will increase their collaboration as part of the Inter-American Development Bank's regional program, Amazonia Forever.

IDB and Brazilian Development Bank to Commit Investing $900 Million in Small Business in the Amazon

August 07, 2023
BELÉM, Brazil – The Inter-American Development Bank (IDB), as part of the Amazonia Forever regional program, and the Brazilian Development Bank (BNDES), in the context of its continuing support to the Amazon, climate and alternative sustainable economic activities, today signed a letter of intent to move forward with PRO-AMAZONIA, a program that will scale up financing for Micro, Small and Medium Enterprises (MSMEs) and small entrepreneurs in the Legal Amazon in Brazil.

Mobilized by IDB and BNDES, Development Banks Launch Green Coalition for the Amazon

August 07, 2023
BELÉM, Brazil - Development banks from the Amazon basin countries, today launched the Green Coalition, a pioneering international alliance mobilized by the Inter-American Development Bank (IDB) and the Brazilian Development Bank (BNDES) to carry out collaborative, synergetic and complimentary sustainable development initiatives with unprecedented scale and impact for the Amazon region, while respecting local and regional characteristics.