IDB Financed a Record $4.5 Billion in Climate Change-Related Activities

April 05, 2022
IDB Launches 2021 Sustainability Report Focused on Integrated Climate Action Last year, the Inter-American Development Bank (IDB) financed a record $4.5 billion in activities related to climate change, according to its 2021 Sustainability Report. These resources, which account for 30% of the Bank’s total annual approvals, are benefiting the region through loans, grants, technical cooperation, guarantees, and equity investments.

Central America, Panama and the Dominican Republic are Recovering, but Face Challenges

March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.  

IDB Lab Invests in a Technology Startup to Incentivize a World With Zero Waste

March 09, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank, has invested $1 million in Sugo Company, a climate technology startup from Peru that offers innovative solutions to generate tangible value in waste. This support will allow the company to expand to all cities throughout Peru and at a regional level in Colombia, Mexico, and Chile and promote the circulate economy. 

The IDB launches new Environmental and Social Policy Framework

December 14, 2021
The IDB has launched a new Environmental and Social Policy Framework (ESPF) as part of its commitment to help achieve sustainable development in Latin America and the Caribbean. 

IDB Lab Participates in a Pioneering Fund to Help Finance Climate Change Adaptation

November 08, 2021
The first regional microfinance loan fund for climate change adaptation will go to rural areas of Mexico, Ecuador, Peru, and Central American countries. IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), has participated in the creation of a pioneering fund to provide microfinance loans for climate change adaptation to small farmers in Latin America.

Fiscal policies against climate change can help create 15 million jobs

July 12, 2021
Finance and planning ministries play a central role in promoting fiscal policies that generate more and better jobs with the transition to green economies Adequate fiscal planning would help the decarbonization of the region's economies create 15 million net new jobs by 2030 A new Inter-American Development Bank (IDB) study, "

Peru to boost productivity, innovation of small businesses with $300 million IDB credit

June 24, 2021
The Inter-American Development Bank (IDB) has approved a $300 million conditional credit line for Peru to support investment in  business innovation and help close the technology gap that holds micro, small and medium-sized enterprises (MSMEs) back.

Chile to speed up decarbonisation and energy transition with IDB support

June 02, 2021
The program will support the country’s strategy to produce green hydrogen by 2030 and promote energy technology innovation efforts. The Inter-American Development Bank (IDB) has approved a US$50 million loan to support Chile’s policy reforms aimed at speeding up its energy matrix decarbonisation and transition to carbon neutrality. The program seeks to strengthen the energy sector’s regulatory framework by promoting distribution market regulation improvements, fostering clean energy use by consumers, and encouraging women participation in the sector.    

The Bahamas will boost resilient and inclusive growth with IDB support

May 26, 2021
The Bahamas will boost resilient and inclusive growth to promote business continuity and competitiveness of Micro, Small and Medium Enterprises (MSMEs) as well as their Blue Economy environmental resiliency, with a US$140 million loan approved by the Inter-American Development Bank (IDB).

IDB and IDB Invest launch the Green Bond Transparency Platform

April 27, 2021
An innovative digital tool that brings greater transparency to Latin America and the Caribbean green bond market in a bid to scale up green financing for the region The Inter-American Development Bank (IDB) and IDB Invest announces the launch of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the green bond market in Latin America and the Caribbean.