LATEST NEWS & EVENTS

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. 

18/03/2024

It will make a contribution under the Triple Inclusive Finance Programme (TIF), which reinforces a previous loan granted by FONPRODE.


UPCOMING EVENTS

Apr 15 - 17, 2024 London
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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