The Inter-American Development Bank (IDB) Group has begun developing its Climate Change Action Plan (CCAP) for 2026–2030. This new iteration presents a critical opportunity for the IDB to strengthen its leadership in supporting a just, low-carbon, and climate-resilient transition across Latin America and the Caribbean (LAC). Despite this, the IDB has not announced formal mechanisms for stakeholder participation in the design of the new CCAP, a gap that risks undermining its legitimacy and effectiveness.
The current climate finance target has not driven a structural shift away from business-as-usual investments, and the IDB’s Paris alignment methodology continues to allow projects that risk locking in fossil fuel dependence. Adaptation finance remains underprioritized, biodiversity is not fully integrated into the climate strategy, and private-sector engagement relies heavily on voluntary alignment. As climate impacts intensify across the region, this next iteration of the CCAP must move beyond incremental progress and address persistent gaps in ambition, accountability, and Paris alignment.
BIC has outlined concrete recommendations to strengthen ambition, improve transparency, exclude fossil fuel assessments, rebalance adaptation finance, and operationalize a Just Energy Transition framework grounded in community participation and accountability. The 2026–2030 CCAP will shape the IDB’s development trajectory in the coming years, and provides a timely opportunity to adopt a climate strategy that reflects the scale and urgency of the climate crisis.
Read our full observations and recommendations here.