News
Source: AECID
The Spanish Cooperation Training Center in La Antigua (CFCE Antigua) together with the Center for Energy, Environmental and Technological Research of the Ministry of Science, Innovation and Universities (CIEMAT) invite you to participate in the virtual course "Positive Energy Districts and their adaptation to climate change conditions", which will take place from September 20 to October 1, 2021.
Shifting just 1% of total global financial assets – estimated at EUR 352 trillion, 2.5 annually – could bridge the existing financing gap needed for delivering the Paris Agreement on Climate Change and the UN Sustainable Development Goals.
Tuesday, June 15, 2021 16:00 to 17:15
We are hosting two virtual stands, one with the EUROCLIMA+ programme and the other with our partner the Inter-American Development Bank. You can join us by chatting, booking meetings, or sending us emails. We will also be showcasing our latest publications.
Source: European Investment Bank - Brian Power
In 2016, Hurricane Matthew ripped through the northern provinces of the Dominican Republic, leaving behind severely damaged roads, bridges and homes. Flooding from high seas rendered swathes of agricultural land unusable. Thousands of people saw their homes destroyed, often beyond repair.
Then, in 2017, Hurricanes Irma and Maria hit the Dominican Republic. The country still feels the effects today.
And as the climate continues to change, hurricanes are likely to become more frequent and more intense.
Source: European Investment Bank - Brian Power
In 2016, Hurricane Matthew ripped through the northern provinces of the Dominican Republic, leaving behind severely damaged roads, bridges and homes. Flooding from high seas rendered swathes of agricultural land unusable. Thousands of people saw their homes destroyed, often beyond repair.
Then, in 2017, Hurricanes Irma and Maria hit the Dominican Republic. The country still feels the effects today.
And as the climate continues to change, hurricanes are likely to become more frequent and more intense.
The EU’s Caribbean Investment Facility (CIF) and the Inter-American Development Bank (IDB) signed two agreements for a total EU contribution of €23 million to support investments in primary health care services in Jamaica and in sustainable energy in Barbados.
IDB is one of CIF's main investment partners in the Caribbean. To date, they jointly manage 10 projects worth €417.12 million, with a CIF contribution of €90.83 million, in sustainable energy, health, support for SMEs, water supply and sanitation, sustainable transport and agriculture.
This report summarizes the activities and investments made by LAIF in Latin America in the last ten years, and CIF in the Caribbean in the last seven years, respectively. It also provides a complete description of the 8 projects approved in 2019, with a total contribution of 76.6 million euros, from both blending instruments.
This contribution from the EU, through LAIF and CIF, leveraged more than 1.8 billion euros (24: 1 leverage ratio).
The European Union Caribbean Investment Facility Board approved two new grants that will be blended with IDB loan operations to support entrepreneurship and the energy sector in the Caribbean.
The first grant of $8 million will boost innovation, growth, and entrepreneurship ecosystems in Jamaica, while respecting gender equality and aiding micro, small, and medium enterprises affected by COVID-19. A second grant of $9 million will support the Bahamas in transforming the energy sector and restoring electricity in islands affected by Hurricane Dorian.
Santo Domingo city already has a “Sustainable Urban Mobility Plan” (SUMP) financed by the European Union's Caribbean Investment Facility (CIF), supported by the French Development Agency (AFD) and implemented by the National Institute of Transit and Transportation of the Dominican Republic.
The objective of the SUMP is to support the Dominican Republic in the implementation of public urban mobility policies for an integrated system that allows citizens to have a sustainable and attractive city.