CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 23.Jul.2026, Words: 125) — Venezuela’s interim president Delcy Rodríguez held a high-level meeting in Caracas with a delegation from the Inter-American Development Bank (IDB). The meeting aims strengthens the country’s economic and social development through cooperation with multilateral institutions.
Tag: IDB
Commentary: Trinidad Green’s Hydrogen Economy Roadmap
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 5.Jan.2025) — Trinidad and Tobago’s long-term roadmap for a green hydrogen economy includes establishment of a green hydrogen market in the twin-island Caribbean country. This, as the government recognizes the importance of creating necessary enablers through regulations, policies and incentives that will […]
Trinidad Launches Roadmap for a Green Hydrogen Economy
(MEEI, 29.Nov.2022) — Today, the Ministry of Energy and Energy Industries (MEEI) launched “The Roadmap for a Green Hydrogen Economy in Trinidad and Tobago” which is the summary findings of the Study to “Establish a Green Hydrogen Market in Trinidad and Tobago”. The Launch was held at Hilton Trinidad and […]
IDB and IDB Invest Provided $26bn in Climate Financing over Five Years
(IDB, 14.Nov.2022) — The Inter-American Development Bank (IDB) and IDB Invest, the IDB Group‘s private-sector arm, provided more than $26bn in climate financing for Latin America and the Caribbean between 2016 and 2021. This figure represents approximately 60% of all climate financing in the region from multilateral development banks during this period. Of the total, $8.3bn went to […]
IDB Approves $1.14bn Credit Line to Argentina to Decarbonize Energy Sector
(IDB, 27.Jul.2022) — The Inter-American Development Bank (IDB) approved a $1.14bn conditional line of credit for investment projects to decarbonize Argentina’s energy sector. The IDB Group remains committed to supporting Argentina’s development agenda with projects that have a direct impact on development. As part of the credit line, the IDB […]
IDB Approves Strategy for Trinidad and Tobago on Digital Transformation
(IDB, 23.Mar.2022) — Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Trinidad and Tobago Minister of Planning & Development Pennelope Beckles met today to discuss upcoming plans for the IDB’s work in Trinidad and Tobago, as well as the IDB’s work on digitalization and climate change in the Caribbean. The IDB’s Board […]
IDB: Stranded Gas Reserves, Fiscal Revenues in LAC Region
(IDB, 28.Feb.2022) — The global low-carbon energy transition driven by technological change and government plans to comply with the Paris Agreement makes future gas demand, prices, and associated public revenues uncertain. We assess the prospects for natural gas production and public revenues from royalties and taxation of gas production in […]
Caribbean Sustainable Energy Conference: Day 2 Highlights
(Energy Analytics Institute, 25.Jan.2022) — Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from Trinidad and Tobago’s Ministry of Planning and Development Camille Robinson-Regis, KBR Energy Global Energy Transition Advisor Kareemah Mohammed, and Kenesjay […]
KBR Awarded Study to Support Green Hydrogen Growth in Trinidad and Tobago
(KBR, 22.Dec.2021) — KBR (NYSE: KBR) has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago as part of an ongoing technical cooperation financed by the Inter-American Development Bank (IDB). Under the terms of the contract, KBR will analyze strategies for maximizing opportunities to […]
Ecuador Dedicates $300mn To Coastal Electrification Plan
(Energy Analytics Institute, 18.Mar.2021) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENNR) as well as the country’s Ministry of Production, Foreign Trade, Investments and Fisheries, together with the National Electricity Corporation (CNEL) signed an inter-institutional agreement to allow for investment of approximately $300mn on works to improve the […]
Bankers ‘Bombard’ Guyana With Financing Plans
(Reuters, 21.Jan.2020) — As the former British colony begins its first significant oil production this year, it is wary of avoiding the mistakes made in oil-dependent economies such as Angola, Nigeria and its economically collapsing neighbor Venezuela. Winston Jordan, an economist and career public servant, also cited Guyana’s own history […]
Exxon Gas Could Have Been Put To Good Use – Mangal
(Stabroek News, 25.May.2020) — ExxonMobil’s flaring of over nine billion cubic feet of natural gas could have been avoided had a proposed gas-to-shore pipeline project been implemented but it was stalled because a plan to determine the best location was rejected by government officials as some wanted to handpick a […]
Guaido IDB Envoy Hausmann Resigns Post
(Argus, 26.Sep.2019) — Venezuela’s parallel administration headed by opposition leader Juan Guaido has lost its most prominent figure, former planning minister and Harvard professor Ricardo Hausmann. Hausmann, who recently hinted at repudiating some of Venezuela’s debt, had been serving as Guaido’s representative at the Inter-American Development Bank (IDB), a Washington-based […]
Argentina And Uruguay To Invest $1,000 Million To Modernize Salto Grande Dam
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — The governments of Argentina and Uruguay announced plans to invest $1,000 million in the modernization of the Salto Grande Dam situated over the Uruguay River. The full scope of the project includes renovation of electro-magnetic equipment and infrastructure over a 30 year period, […]
IDB Lends $600 Million To Aid Colombia Improve Energy Matrix
(Renewables Now, 26.Apr.2019) — The Inter-American Development Bank (IDB) announced on Thursday it will give Colombia a USD-600-million (EUR 538.9m) loan to diversify and improve its energy matrix and integrate non-conventional renewables such as wind, solar and biogas. The IDB loan has a 19-year term, with a 5.5-year grace period and […]
Report Evaluates Economic Benefits Of Camisea Project
(IDB, 29.Oct.2007) — The Camisea natural gas project has transformed Peru, reducing energy costs, increasing national revenue and spurring economic growth, according to a study released by Apoyo Consultoría , one of Peru’s leading economic consulting firms. The firm said in a study commissioned by the IDB that the project […]