CAF excludes Venezuela from $1 billion climate financing package for the region

The Daily Journal.- The Board of Directors of CAF — Development Bank of Latin America and the Caribbean — approved a $3.5 billion financing package comprising 15 operations across 10 countries in the region, with funds targeting infrastructure, sustainable mobility, energy transition, social development and climate action. Venezuela does not appear among the direct beneficiaries […]

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IDB president rules out immediate resumption of loans to Venezuela

AFP.— Inter-American Development Bank (IDB) President Ilan Goldfajn ruled out an immediate resumption of lending to Venezuela on Monday, despite the restoration of relations between both sides after an eight-year break. In June, the IDB accepted Venezuela’s appointment of Calixto José Ortega Sánchez as the country’s new governor to the institution, fully restoring bilateral ties. […]

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