With IDB support, Curitiba seeks innovative proposals to modernize the bus system

April 19, 2022
Call for proposals to find solutions that promote integration of different modes of transport in self-sustainable stations in the city is open until May 18th, 2022. The Inter-American Development Bank (IDB) and the city of Curitiba, in Brazil, are launching a call to find innovations in transportation, energy, and state-of-the-art technologies that will reduce the number of cars and motorcycles in the city. This initiative is part of Curitiba’s  modernization plan for the network of bus lanes and passenger.

IDB Supports Expansion of Paraguay’s Electricity Transmission System

March 10, 2022
The Inter-American Development Bank (IDB) has approved a $260 million loan to support Paraguay’s National Development Plan through the expansion of the electricity transmission system, which will provide the country with a sustainable, reliable and efficient energy supply.

IDB approves credit line to accelerate energy transition in Colombia

December 17, 2021
Colombia is making progress towards decarbonizing its economy with the support of the Inter-American Development Bank (IDB), through a line of credit to finance projects related to the energy transition that contribute to the reduction of CO2 emissions and economic reactivation. The financing line for Banco de Comercio Exterior de Colombia S.A. (Bancóldex) includes a COP$175,000 million (approximately $45 million) IDB loan, as well as a co-financing of $3.5 million, and a $1.5 million non-reimbursable financing from the Clean Technology Fund.

IDB Joins Alliance for Hydromet Development

November 03, 2021
Agreement outlines key areas of collaboration to build climate resilience to extreme weather and sustainable development across Latin America and the Caribbean

IDB Launches Plan of Action to Fully Align Operations with Paris Agreement by 2023

November 01, 2021
Alignment will help 26 borrowing member countries meet their own commitments to combat climate change  Glasgow – The Inter-American Development Bank (IDB) today announced that its loans and projects will be fully aligned with the Paris climate agreement by 2023.

Inter-American Development Bank and the Rockefeller Foundation Announce Energy Partnership

October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.

Guatemala will contribute to mitigate climate change with efficient use of firewood

June 04, 2021
The program, financed by an IDB grant, will benefit 225,000 homes in rural and indigenous communities throughout the country. The Inter-American Development Bank (IDB) has approved US$12.98 million in nonreimbursable financing to help Guatemala lessen greenhouse gas emissions in the energy sector through reductions in consumption and efficient use of firewood. 

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.    

IDB and French Development Agency Highlight $4 Billion in Joint Projects Since 2018

May 06, 2021
The Inter-American Development Bank (IDB) and the French Development Agency (AFD) Group gathered virtually for their fifth Deep Dive Meeting. The Deep Dive explored new opportunities for expanded collaboration and celebrated the partnerships’ achievements to date.  Since signing a framework agreement in 2018, the two partners largely surpassed the outlined target of $1 billion in co-financing.