LATEST NEWS & EVENTS

04/04/2024

The eco.business Fund, advised by Frankfurt-based impact investment firm Finance in Motion, has granted a loan of USD 20 million to Banco Industrial do Brasil (BIB).

26/03/2024

Through a contribution under the Triple Inclusive Finance Programme (TIF) that reinforces a previous loan granted by FONPRODE.

20/03/2024

IDB and IDB Invest held their Annual Meetings in the Dominican Republic from 6 to 10 March 2024. During the three initial days, the 48 member countries and other stakeholders engaged in discussions concerning development challenges and opportunities in Latin America and the Caribbean. 


UPCOMING EVENTS

Apr 17 - 18, 2024 Santiago de Chile

SUCCESS STORIES

   Sustainable energy

Cerro Dominador: The first thermal solar power plant in Latin America

Project led by KfW

  • 235,000 tons CO2 equivalent per year of direct GHG emissions avoided through the project
  • 580,200 MWh/year generated by the concentrated solar power plant
  • 380,000 homes supplied with electricity 24 hours/day
  • at least 1,906 jobs created through the “Mirror Programme”


   Support to SMEs

Eco Business fund for SME Development in Latin America

Project led by KfW

  • 971,000 hectares of land cultivated under sustainable management
  • 471,000 hectares of farmland under soil conservation practices
  • 540 hectares of soil protected from erosion
  • 660,000 direct jobs supported


   Sustainable Agriculture

Modernized Irrigation Project for Small and Medium Farmers

Enabling sustainable agricultural production adapted to climate change

  • 12,400 hectares were provided with an irrigation system.
  • 14,150 families benefited, many of them of mestizo, indigenous, Afro-Ecuadorian and mountain origin.


   Sustainable Energy

Improving the sustainability of the electricity service in Suriname

  • 2 operational GIS and SCADA systems effectively in use by EBS’ business units.,
  • 43% increase in annual electricity sales by EBS.
  • 2,000 kW of solar PV installed capacity.
  • 1,410 households benefiting from 24 hours electricity production.
  • 30,000 Tons of C02eq will be reduced per year.

INTERACTIVE MAP

Facility launched in 2010
86 projects approved
62 bilateral and 24 multi-country

Total investment cost foreseen:

›› EUR 18.5 billion 

EU contribution:


›› EUR 719 million 

OUR PARTNERS

LEAD INTERNATIONAL FINANCIAL INSTITUTIONS



CO-IMPLEMENTING INTERNATIONAL FINANCIAL INSTITUTIONS


 

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