November 12, 2021 THE FIRST REGIONAL MICROFINANCE LOAN FUND FOR CLIMATE CHANGE ADAPTATION WILL GO TO RURAL AREAS OF MEXICO, ECUADOR, PERU, AND CENTRAL AMERICAN COUNTRIES. IDB Lab, the innovation…
Category: INTERNATIONAL AGENCIES
IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations
November 12, 2021 INSTITUTIONAL PARTNERSHIP BETWEEN THE TWO ORGANIZATIONS WILL PROMOTE INCLUSIVE DIGITAL TRANSFORMATION IN DIFFERENT AREAS CIV-LAC IS A PLATFORM THAT WILL HELP SCALE UP NEARLY 600 STARTUPS THROUGH…
Dominican Republic to Host the Regional Dialogue on Transparency and Integrity
November 12, 2021 PRESIDENT OF THE DOMINICAN REPUBLIC LUIS ABINADER; SECRETARY-GENERAL OF THE ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD) MATHIAS CORMANN; CHAIR OF TRANSPARENCY INTERNATIONAL DELIA FERREIRA RUBIO; IDB INVEST…
CDB calls upon developed countries to allocate 2% of SDR for adaptation investment in SIDS
November 12, 2021 The Caribbean Development Bank (CDB) is calling on developed countries to re-allocate 2% of their latest Special Drawing Rights (SDR) to facilitate investment in climate adaptation measures…
Port of Spain is a ‘beachhead’ to increase investment in region, says Caribbean Export
By: Deidre Brathwaite November 12, 2021 Speaking at the first virtual investment forum taking place this week in Trinidad and Tobago, Deodat Maharaj, Executive Director of the Caribbean Export Development…
CARICOM and Pacific Island Forum agree on need for more adaptation funding for Climate Change
November 12, 2021 Financing for adaptation to climate change was a major focus of discussions between the Secretaries General of the Caribbean Community (CARICOM) and the Pacific Island Forum (PIF)…
The OAS Panel of Experts Welcomes Opening of the Investigation
November 9, 2021 The OAS Panel of Independent International Experts on the possible commission of crimes against humanity in Venezuela, appointed by the OAS Secretary General on September 14, 2017,…
CDB Proposes a Resilience-Adjusted Measure for Small Island Developing Economies (SIDS) to Access Concessional Finance
November 9, 2021 The Caribbean Development Bank (CDB) has proposed a resilience-adjusted Gross National Income (GNI) measure for Small Island Developing States (SIDS) to access concessional finance. Termed the Recovery Duration…
The international community has “failed” on climate change- Adaptation and resiliency key now!
By: Staff Writer November 5, 2021 A United Nations Ambassador has called out the international community for their failure to heed the call of small island developing states from 1989…
IDB Leads Multilateral Development Banks to Boost Nature-Based Investments
November 5, 2021 INTERNATIONAL INSTITUTIONS SIGNED AN IDB LED JOINT-STATEMENT AT COP26 AND ANNOUNCE PLAN TO MAINSTREAM NATURE INTO POLICIES, ANALYSIS, AND INVESTMENTS Multilateral Development Banks (MDBs) led by the…
IDB Launches Plan of Action to Fully Align Operations with Paris Agreement by 2023
November 5, 2021 ALIGNMENT WILL HELP 26 BORROWING MEMBER COUNTRIES MEET THEIR OWN COMMITMENTS TO COMBAT CLIMATE CHANGE The Inter-American Development Bank (IDB) today announced that its loans and projects will be fully aligned with the Paris climate…
IDB Invest Promotes Green Construction, Mobility with Guatemala’s Banco Agromercantil
November 5, 2021 IDB Invest, a member of the IDB Group, is providing a $70 million loan to Banco Agromercantil (Bam), a subsidiary of Grupo Bancolombia in Guatemala, to strengthen…