IDB, Denmark, Norway, and Sweden to Unlock $800 Million for Amazonia and Central America
Brazil, Nov. 7 -- The Inter-American Development Bank (IDB), Impact Fund Denmark, the Norwegian Agency for Development Cooperation (Norad), and the Swedish International Development Cooperation Agency (Sida) signed a letter of intent today toward establishing a new guarantee. This new partnership is expected to result in approximately $800 million in additional IDB lending capacity for clean-energy projects under the Amazonia Forever and America en el Centro regional programs. This additional capacity will enable the IDB to scale investments across the Amazon region and Central America by supporting projects that expand energy access, modernize transmission and distribution networks, promote clean electricity systems, advance sustainable tr...
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