United States, Nov. 26 -- The Inter-American Development Bank (IDB) Board of Executive Directors has approved a Conditional Credit Line for Investment Projects (CCLIP) of $1 billion aimed at improving electricity supply in Ecuador.Within this new credit line, the Board also approved an initial individual operation for $270 million, along with a $30 million loan from the Clean Technology Fund. This financing seeks to support improvements in the reliability and capacity of Ecuador's electricity transmission system.The program backed by the new CCLIP will contribute, among other benefits, to reducing 1.3 million tons of CO? emissions by displacing fossil fuels traditionally used to maintain electricity service quality. It will also enable more...