IDB - Page 3 of 8 - New Energy Events

IDB extends US$1.14 billion credit line to Argentina to lower greenhouse has emissions
August 10, 2022
The IDB will provide a US$1.14 billion credit line to Argentina to lower greenhouse gas emissions. Source: Latin Finance
The IDB and GCF are creating the first Latin American and Caribbean regional fund to promote electric mobility and green hydrogen
August 10, 2022
The Inter-American Development Bank (IDB) and the United Nation’s Green Climate Fund (GCF) are teaming up to create the first Latin American and Caribbean regional fund to promote electric mobility and green hydrogen. Nine countries expect to receive US$450 million in loans and grants from the fund to aid in lowering carbon emissions and building […]
The IDB provided Colombia a US$300 million loan for sustainable projects
July 27, 2022
Colombia received a US$300 million loan from the IDB for sustainable projects to reduce greenhouse gas emissions and create more jobs. The proceeds will be used to strengthen government policies in the agricultural, forestry, energy, and transportations sectors. Source: Latin Finance
According to the IDB, Latin America and the Caribbean can gain an additional US$78 billion in annual exports though nearshoring
June 29, 2022
According to the Inter-American Development Bank Latin America and the Caribbean could add US$78 billion annually in additional exports of goods and services by using nearshoring. Source: Breaking Belize News
IDB Invest issues its fourth domestic bond in Paraguay
June 29, 2022
IDB Invest issued its fourth domestic bond in Paraguay to finance access to medium and long-term local currency loans to small and medium-sized enterprises in the country through Sudameris Bank S.A.E.C.A (Sudameris). Source: IDB Invest
CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.
June 15, 2022
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
The second phase of the Energy Smart Fund is open for Barbados’ companies
June 2, 2022
The second phase of the IDB-led Energy Smart Fund in Barbados is now open to micro, small, and medium enterprises across sectors, with the ability to invest US$13 million in total. Source: Barbados Loop News
IDB issues request for EOI to assist Barbados in structuring a framework for a larger capacity of utility-scale RE and storage
March 29, 2022
The IDB issued a request for expressions of interest to assist Barbados in structuring a competitive framework to secure a larger capacity of utility-scale renewable energy and/or storage. The winner will create a procurement process that will include pre-qualification requirements and documents, tender documents, and evaluation criteria. Source: BN Americas
IDB issues EOI to help support GPL’s shift to modernize Guyana’s grid
March 17, 2022
The IDB issued a call for expressions of interest to help support Guyana Power & Light’s shift towards grid modernization. The efforts include assisting with GPL’s smart grid deployment to incorporate intermittent renewable energy systems. Source: BN Americas