July 07, 2020
June 29, 2020
June 05, 2020
IDB loan is one of a series supporting energy sector reform to reduce use of fossil fuels The Inter-American Development Bank approved a $280 million loan to Ecuador to support transformation of its its enery grid, improvements in energy efficiency and promotion of access to electricity generated from renewable sources.
May 26, 2020
Washington, D.C. – The Wikimedia Foundation, the nonprofit that operates Wikipedia, has joined the Inter-American Development Bank's (IDB) Coalition for Transversal Skills in the 21st Century, centered on ensuring inclusion, equity, and quality education in Latin American and Caribbean countries.
May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
April 16, 2020
March 26, 2020
March 18, 2020
March 12, 2020
The Inter-American Development Bank has approved a US$78.4 million loan to help promote sustainable and responsible investments in Ecuador’s mining and energy sectors in order to improve macroeconomic stability, boost productivity, and generate jobs. The program aims to reduce the energy sector’s emissions and enhance its efficiency and reliability through technical, environmental, legal and economic studies, while ensuring that investments help consolidate the country’s commitments to the implementation of the Paris Agreement, which Quito has ratified.
January 16, 2020
The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.