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IDB

  • Chile reforming energy policy with $100m IDB loan

    December 5, 2016

    The Inter-American Development Bank (IDB) approved a $100m loan for a programme to improve Chile’s energy sustainability through reforms in the sector, helping the country reach its goal of 20% non-conventional renewables by 2025. Under the programme, Chile will develop a long-term energy policy, which aims to encourage the use of renewable energy sources, boost competition in […]

  • Inter-American Development Bank to finance $103.4m renewable power project in Nicaragua

    September 13, 2016

    Nicaragua will get support from the Inter-American Development Bank (IDB) for geothermal projects in the Cosigüina field. Located in the northwestern part of the country, the site will facilitate studies to ascertain the technical feasibility of a commercial-width well. It will also be the location for product development of mechanisms used to attract private investment. […]

  • IDB annual assembly focuses on role of private sector, clean energy

    April 8, 2016

    This year’s annual IDB assembly focused on the role of the private sector in addressing the need for clean energy and the threat of climate change. Fabrizio Opertti, the IDB’s head of Trade and Investment said that the goal of the meeting is to create a “mechanism for hemispheric dialogue” between the private and public sectors. […]

  • Sustainable Energy Marketplace: Grant Funding for your Renewable Energy Project Presentations

    February 4, 2016

    On February 1st, 2016, the IDB and IRENA co-hosted a webinar with New Energy Events to discuss how to get grant funding for renewable energy projects through the Sustainable Energy Marketplace. You can click here to view the webinar and click the links below to download the presentations. IRENA Presentation IDB Presentation

  • IDB issues loan for renewables in Honduras

    December 26, 2015

    The  Inter-American Development Bank (IDB) has issues a US$40 million loan to the Honduran government for investment into further development and integration of renewables into the country’s energy mix, particularly solar PV. The Honduran power sector initiated a reform in 2014 with the aim of strengthening the institutional capacity and sectoral regulatory framework, and improving […]

  • Paris Climate Agreement explained: what it means for Latin America

    December 14, 2015

    The climate deal reached in Paris over the weekend has important implications for Latin American countries, many of which played a key role in helping the negotiations advance. The Paris agreement will also help mobilize new investment in key sectors such as clean energy, which will bring important local benefits while mitigating climate change emissions. […]

  • IDB to fund El Salvador’s 1st utility-scale solar PV project

    December 11, 2015

    El Salvador will begin construction on the Country’s first utility-scale PV project – a power station with funding from the IDB and the Canadian Climate Fund for the Private Sector in the Americas. A total US$87.8 million has been granted for the construction, operation and maintenance of the 100-MW Providencia Solar power plant in El Salvador. […]

  • IDB to help Costa Rica boost renewables and grid capacity

    December 1, 2015

    The Inter-American Development Bank (IDB) has extended a USD 500 million credit line to Costa Rica to increase its renewable energy capacity and to expand its transmission and distribution networks. Although Costa Rica sourced 98.8% of its energy thus far in 2015 from renewable sources, energy demands will increase significantly in the future. According to […]

  • Webinar on the new Sustainable Energy Marketplace for Latin America and the Caribbean

    November 24, 2015

    A new program through the International Renewable Energy Agency and the Inter-American Development will soon make grant funding available to anyone who is involved in developing, financing or maintaining sustainable energy projects in Latin America and the Caribbean through the Sustainable Energy Marketplace. A webinar on the Sustainable Energy Marketplace will take place at 9 […]

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