Saturday, 18 January 2025

Focus on Inter-American Development Bank

FILE PHOTO: A view of the Amazon rainforest at the lagoon of the Yasuni National Park in the Pastaza province, in Ecuador, July 29, 2023. REUTERS/Karen Toro/File Photo
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Ecuador completes $1.5 billion debt swap for Amazon conservation

Ecuador's second debt-for-nature swap unlocks $460M for Amazon conservation, aiming to protect 4.6M hectares of ecosystems.

People look at the flooding of the Choluteca river in Tegucigalpa, Honduras, on November 17, 2024 (AFP)
AnalysisClimate FinanceElectionsPoliticsUnited Nations

Analysis: Climate finance’s ‘new era’ shows new political realities

Next year, Germany, Canada and Australia all hold elections in which conservatives less supportive of green policies stand chances of victory.

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
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Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

Yalchin Rafiyev, Azerbaijan's COP29 lead negotiator, speaks during an interview with The Associated Press at the COP29 U.N. Climate Summit, Tuesday, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsUnited Nations

Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it

Rich nations at COP29 face pressure to boost climate finance, balancing loans, grants, and leverage amid fears of debt for poorer nations.

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Brazil Restoration & Bioeconomy Finance Coalition Launched to Mobilize $10 Billion for Forest Conservation and Bioeconomy by 2030

MANAUS, Brazil--(BUSINESS WIRE)--Today, on the margins of the G20, a group of public and private sector leaders launched the Brazil Restoration & Bioeconomy...

Activists participate in a demonstration for climate finance during the COP29 U.N. Climate Summit.
Climate FinanceEmissionsEnvironmentNatural GasNewsOilRegulationsUnited Nations

COP29: As talks in Baku cross the halfway point, nations are no closer to a goal on cash for climate action

Week one at COP29 in Baku, Azerbaijan saw little progress on climate funding, but more is expected in week two.

FILE PHOTO: A wind turbine is seen at a wind farm in Guazhou, Gansu Province, China September 15, 2013. REUTERS/Carlos Barria
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ADB increases climate finance after US, Japan give world’s first sovereign guarantees

The Asian Development Bank to boost climate lending by $7.2B as the U.S. and Japan back loans with world first sovereign guarantees.

FILE PHOTO: Blacktip sharks swim off Santa Cruz Island, part of the Galapagos Islands, Ecuador.   Picture taken January 16, 2022. REUTERS/Santiago Arcos/File Photo
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Ecuador nature deal scrutiny has not slowed work on debt swaps, IDB says

An enquiry into Ecuador's debt-for-nature swap has not slowed work on the instruments, president of the Inter-American Development Bank said.

Ilan Goldfajn, President of the Inter-American Development Bank speaks at the EU-LAC 2023 Business Round Table at the European Commission headquarters on the day of the EU-CELAC summit, in Brussels, Belgium July 17, 2023. REUTERS/Yves Herman/File Photo
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Climate finance from multilateral banks up to $125 billion in 2023

Climate finance broadly refers to funding for climate change activities and can include grants, loans and proceeds from bonds.

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