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.
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.
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.
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.
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.
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.
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.
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.
NEW YORK – The Inter-American Development Bank (IDB) today presented ConectaLAC, a pioneering digital analytics platform that will help governments and investors identify opportunities and design cost-effective projects to close digital connectivity gaps in Latin America and the Caribbean.
SANTIAGO DE COMPOSTELA, Spain ̶ The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, and the first vice president and minister of economic affairs and digital transformation of Spain, Nadia Calviño, today co-chaired a meeting of ministers and representatives of Amazon countries, European member countries of the IDB, donors and international organizations that presented the framework for the Amazonia Forever program.