Written by IDB Invest and Japan International Cooperation Agency
1 May 2019

Date of effectiveness: 2012

Through a new agreement with the Inter-American Development Bank (IDB), the Japan International Cooperation Agency (JICA) will invest a total of $3 billion in Latin America and the Caribbean to support renewable energy and energy efficiency projects, as well as quality infrastructure projects related to energy savings.

The new IDB-JICA agreement expands on the Co-financing for Renewable Energy and Energy Efficiency (CORE) program, which was created in 2012 to support energy investments to mitigate climate change impacts in Central America and the Caribbean.