The World Bank and the Inter-American Development Bank (IDB) signed a groundbreaking four-year partnership to drive stronger results for people in Latin America and the Caribbean.
The memorandum of understanding will boost support for net-zero-deforestation efforts in Amazonia, strengthen the Caribbean’s resilience to natural disasters, and bridge the digital-access gap, across Latin America and the Caribbean.
In the Amazon region, under the umbrella of the Amazonia Forever program, the organizations will combine their expertise to support countries in their transition to net-zero-deforestation, helping people pursue better livelihoods while preserving the ecosystem—including through innovative financial instruments and boosting bioeconomy.
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