COP30 led to billions of dollars in financing commitments for the region, and a roadmap to phase out fossil fuels is in the works
Category: Inter-American Development Bank (IDB)
Posted inDaily Brief
Uruguay picks up $1.3 bln loan package
Series of loans from IDB will primarily be used for an electric bus project in Montevideo and improving the national road network
Posted inDaily Brief, Inter-American Development Bank (IDB), Loan, Paraguay, Paywall
Paraguay power bags energy loans
Country plans to use loans from IDB and EIB to upgrade and expand its transmission network
Posted inDaily Brief
Jamaica gets $1.3 bln for rebuilding after hurricane
Caribbean nation secures reconstruction financing package from the Inter-American Development Bank following Hurricane Melissa
Posted inDaily Brief
IDB warns on risks from yawning climate finance gap
Inter-American Development Bank says current efforts to make the region’s economies climate resilient are falling short
Posted inDaily Brief
MDBs launch Caribbean debt-for-resilience program
IDB, CAF and Caribbean Development Bank aim to help countries curb debt in exchange for climate investments
Posted inDaily Brief
IDB firms up Brazil FX deal
The “first-of-its-kind” hedging agreement with the Brazilian central bank is designed to mobilize sustainable investments
Posted inDaily Brief
Uruguay lands $300m IDB loan
Development bank approves a conditional credit line for science and technology initiatives
Posted inDaily Brief
Amazon financing pledges pile up at COP30
Inter-American Development Bank announces billions of dollars in support, while BNDES and BB also unveil financing deals
Posted inDaily Brief
IDB lends $700 mln to El Salvador, Uruguay
US-based development bank approves credit lines to improve water drainage in San Salvador, public security in Uruguay