The Inter-American Development Bank is an institution that works to improve lives in Latin America and the Caribbean, helping improve health and education, and advance infrastructure through financial and technical support for countries working to reduce poverty and inequality. Its main goal is to achieve development in a sustainable, climate-friendly way within member countries.
They are the leading source of development financing for Latin America and the Caribbean, providing loans, grants, and technical assistance; and conducting extensive research, committed to finding innovative and efficient solutions to face the region’s development challenges regarding social inclusion and inequality, productivity and innovation, climate change and environmental sustainability, economic integration and institutional capacity.
The Inter-American Development Bank contributes to the Electric Network Rehabilitation Program through a loan of USD 78 million, with the support and technical assistance for the rehabilitation of 14 circuits and the implementation of telemetry systems in other 13 circuits previously intervened. For more details on the IADB contributions to our Program, you can visit their project overview here.