Search News

Authored on

IDB approves green line for key financial institution in Brazil

January 28, 2014
Loans of up to $125 million to expand access to credit for green projects The IDB approved a Green Line Partnership with Banco Pine S.A. in Brazil to expand access to financing for environmentally sustainable projects, particularly biofuels and renewable energy projects. The IDB will provide an unsecured A/B loan of approximately $125 million to Banco Pine for working capital and long-term loans in these sectors, and to finance capital expenditures.

IDB and Brazilian Government host Conference on development impact of World Cups

September 16, 2011
The Inter-American Development Bank (IDB) and the Brazilian Ministry of Sports have teamed up to organize a conference on how major sports events can leave a positive and lasting development impact.