Spain, July 1 -- The Inter-American Development Bank (IDB) and IDB Invest are scaling up financial solutions to help countries and companies manage disaster-related risks and strengthen long-term resilience. This expansion includes an increase in disaster risk coverage and new instruments for both sovereign and private clients: Expanded Protection for Countries for disaster risk coverage by an additional $2 billion, through the Contingent Credit Facility and Climate Resilience Debt Clauses, responding to rising demand across the region.A pioneering Regional Disaster-Risk Transfer Program, led by the IDB, to help countries transfer extreme event risk to insurance and capital markets.A new private-sector Business Resilience Program from IDB I...