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IDB helps Latin America and the Caribbean address climate change

Climate change threatens both to undermine the long-term efforts of the region to achieve sustainable development and to affect the most vulnerable members of society disproportionally.

To respond to increasing demand for clients for assistance in addressing climate change, the General Capital Increase (GCI-9) commits the Bank to support mitigation and adaptation efforts of borrowing members while meeting their developmental and energy requirements. GCI-9 sets a target of 25 percent of total lending going to a growing portfolio on climate change, environmental sustainability, and renewable energy.

In order to address risks, mainstream climate change in its operations, and further integrate both public and private sectors, during 2010, the Bank worked on strategic and operational development, adaptation and mitigation efforts, knowledge generation and dissemination, the establishment of partnerships, and the mobilization of climate finance from external sources. A dedicated team works across all Bank sectors to address these issues.

Areas of Action

 
Adaptation Mitigation Strengthening public and private institutions

News

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Climascopio 2012
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    Climascopio 2012

    Brazil, Nicaragua and Panama have the most suitable environment for climate-related investments in Latin America and the Caribbean, according to a preview of the Climatescope 2012, an upcoming report and index developed by the Multilateral Investment Fund (FOMIN) in partnership with clean energy market research firm Bloomberg New Energy Finance.
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