Transforming energy access in one of the most biodiverse and underserved regions in the world.
The objective of the Accelerator is to support eligible Amazonian countries in diversifying sources of clean energy, focusing on universal access to clean energy, the decarbonization of electricity systems, clean cooking, and the expansion of emerging clean technologies and solutions in their Amazonian regions. Additionally, the Accelerator recognizes the financial needs in other crucial areas, such as sustainable transportation and emerging clean technologies and solutions, which it also seeks to support.
This initiative is supported by multiple partners, including the Climate Investment Fund (CIF), which has provided US$210 million in reimbursable resources and US$5 million in non-reimbursable funds for technical assistance, and a US$25 million grant from the Global Energy Partnership for People and Planet (GEAPP) to help close electricity access gaps in LAC.
* Numbers from December 2024. They are updated once a year.
WASHINGTON - The Inter-American Development Bank (IDB) approved a $250 million financing package to support the BB Amazônia Program, a joint initiative with Banco do Brasil (BB) aimed at promoting bioeconomy businesses and expanding sustainable infrastructure in the Brazilian Legal Amazon. The financing package includes a $175 million loan from the IDB and a $75 million loan from Green Climate Fund (GCF). The program will expand access to credit for local small bio-businesses across bioeconomy value chains, as well as for sustainable infrastructure projects focused on renewable energy and
The Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects ( CCLIP) of US$135 million in two tranches to boost socioeconomic development by promoting clean and sustainable services within the framework of a just energy transition. The credit line was approved by the IDB’s Executive Board, with the first tranche comprising of an individual operation of US$45 million in the form of a Global Multiple Works Operation and a non-reimbursable financing of US$1.5 million from the Low Emission Energy Fund for People and the Planet. The first individual
A holistic umbrella program for the Amazon region's sustainable development.
Discover the topics in which we work to improve lives in Latin America and the Caribbean.