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IDB Approves a Loan of $67.8 Million for Education in Florianópolis

September 25, 2023
The Inter-American Development Bank has approved a loan of $67.8 million to improve education in the municipality of Florianópolis. The funds will allow the expansion of full-time early childhood education coverage and the promotion of more efficient and inclusive teaching and learning practices.
2023-09-25

Honduras to Improve Water and Sanitation Services with IDB Support

September 21, 2023
The Inter-American Development Bank (IDB) approved up to $56.1 million in financing to enhance the continuity of and quality of access to water and sanitation services for the residents of Honduras’s Central District. The program’s reforms will consolidate municipal control over this the services and enhance the sector’s governance and management, in the context of climate change.
2023-09-21

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.
2023-09-21

IDB Approves $100 Million to Support Vulnerable Population in El Salvador

September 21, 2023
The Inter-American Development Bank (IDB) approved a $100 million program to support the vulnerable population in El Salvador who face adverse impacts. El Salvador is the third country with the highest risk of disasters in Central America, and 71.9% of people in poverty live in areas exposed to natural disasters.
2023-09-21

IDB Approves $300 Million to Support Competitiveness and Economic Recovery in Peru

September 20, 2023
As part of its efforts to boost competitiveness and productivity in Latin America and the Caribbean, the Inter-American Development Bank (IDB) approved a $300 million loan to help the Peruvian government reactivate its economy and accelerate growth.
2023-09-20

Ecuador to Strengthen Early Warning System for Natural Hazards

September 20, 2023
Ecuador will reinforce its national early warning system for natural hazards with the support of a $10 million loan from the Inter-American Development Bank (IDB). The operation, which was approved by the IDB Board of Executive Directors, aims to reduce the number of people who would potentially be affected by floods, landslides, tsunamis, and volcanic eruptions by expanding the monitoring and risk analysis capacity of the Early Warning System. It will also enhance the process of sending out alerts to communities to boost their response capacity.
2023-09-20

European Union, IDB and IDB Invest Promote the Acceleration of Sustainable Investments in Mexico

September 19, 2023
In partnership with the Inter-American Development Bank (IDB) and IDB Invest, the European Union will finance a project for 1 million euros to accelerate sustainable investments in Mexico, which will help develop skill sets related to environmental, social and corporate governance (ESG) practices.
2023-09-19

Caribbean Water Utilities to Join Insurance Collective Segregated Portfolio

September 19, 2023
The Inter-American Development Bank (IDB) is leading the structuring of the Caribbean Water Utility Insurance Collective Segregated Portfolio (CWUIC SP) to support disaster response and recovery. The IDB has worked closely with CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) and the UK Government to establish CWUIC as a segregated portfolio (SP) within CCRIF SPC together with Climate Investment Funds (CIF), Caribbean Development Bank (CDB) and The Coca Cola Foundation.
2023-09-19

Uruguay to Digitally Transform Fiscal Management with IDB Support

September 18, 2023
Uruguay will launch a digital transformation of its fiscal management, backed by a $20 million loan approved by the Inter-American Development Bank (IDB). This program aims to enhance fiscal management through more efficient spending, public procurement, and tax collection.
2023-09-18