-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The Inter-American Development Bank (IDB) has announced a loan of $280 million to Ecuador to change, diversify and improve its energy mix and increase the use of and access
to renewable energy in Ecuador.
More specifically, the money will be used to implement various policy reforms to help the country meet its climate change goals and consolidate its fiscal and external accounts
.
The loan will also support improving the efficiency, modernization, innovation and sustainability of the local power supply chain, as well as energy trade
with neighbouring countries.
Ecuador's fiscal revenues will fall
significantly due to the current COVID-19 pandemic, the bank said.
The Inter-American Development Bank points out that Ecuador wants to reduce its consumption
of fossil fuels, despite the fact that the South American country accounts for only 0.
08% of the world's greenhouse gas (GHG) emissions.
The Inter-American Development Bank (IDB) has announced a loan of $280 million to Ecuador to change, diversify and improve its energy mix and increase the use of and access
to renewable energy in Ecuador.
More specifically, the money will be used to implement various policy reforms to help the country meet its climate change goals and consolidate its fiscal and external accounts
.
The loan will also support improving the efficiency, modernization, innovation and sustainability of the local power supply chain, as well as energy trade
with neighbouring countries.
Ecuador's fiscal revenues will fall
significantly due to the current COVID-19 pandemic, the bank said.
The Inter-American Development Bank points out that Ecuador wants to reduce its consumption
of fossil fuels, despite the fact that the South American country accounts for only 0.
08% of the world's greenhouse gas (GHG) emissions.
