Latin America

The EIB Institute, the philanthropic and social impact arm of the European Investment Bank Group (EIB Group), is announcing a donation of €750 000 to help alleviate humanitarian suffering in Gaza, with a particular focus on medical aid and health-related support. The aid will go to those most in need, including children, who make up over half of the remaining population in Gaza, and are disproportionately affected by the crisis.

The EIB, through its development arm EIB Global, has signed a landmark $250 million loan to support the construction of Costa Rica’s first electric train system. This marks the first EIB loan to the Republic of Costa Rica, the first EIB operation in the country in more than ten years, and the first project jointly financed with the Central American Bank for Economic Integration and the Green Climate Fund.

The Inter-American Development Bank (IDB) and the European Investment Bank (EIB) signed a cooperation agreement to increase financing and deliver stronger development impact in Latin America and the Caribbean (LAC), during the Fourth International Conference on Financing for Development (FFD4) in Seville.