IDB Backs IRENA’s ETAF with Potential Investment of up to USD 100 Million

The Inter-American Development Bank (IDB) recently signed an agreement with the International Renewable Energy Agency (IRENA) to join the Energy Transition Accelerator Financing (ETAF) platform, a global initiative that seeks to mobilise funds for renewable energy investments. As part of its commitment, the IDB plans to co-finance renewable energy projects and energy transition technologies in the Latin America and the Caribbean region, with an allocation of up to USD 100 million. IRENA Director-General Francesco La Camera and IDB CEO Ilan Goldfajn signed the agreement at the IDB Headquarters in Washington…

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