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Transportation and the IDB
Vast territories and extremely varied geography make transportation a critical factor for development in Latin America and the Caribbean. To meet its full potential, in the coming decade the region will need to invest tens of billions of dollars in urban bus and subway systems, rural roads and highways, airports, railways and shipping ports.
The IDB works with national and sub-national governments to design and finance transportation programs for passengers and freight. Our projects place a special emphasis on sustainable transport alternatives in both urban transport and freight logistics, on improving efficiency and reducing climate change impact, and on promoting improved road safety and reduce mortality and injury rates.
The Bank also provides technical assistance and policy advice to its member governments on regulation, management, planning, institutional strengthening and regional integration in the transport sector.
Areas of Action
Road Safety
Latin America and the Caribbean countries record approximately 17 roadway fatalities per 100,000 inhabitants each year, compared to an average of less than 10 fatalities for high-income countries. If current trends continue, by 2020 Latin America and the Caribbean will have the world’s highest roadway fatality rate, at about 24 fatalities per 100,000 inhabitants.
Freight Logistics
Freight transport and logistics performance is critical to the competitiveness of countries’ businesses and the national economy on a global scale. With a few exceptions, Latin American and Caribbean countries experience proportionally higher logistics costs than the United States, Europe and Asia. Poor transportation networks, supply chain inefficiencies and lack of specialized logistic infrastructure and services also contribute to high inventory levels.
Sustainable Transport
The transport sector is of key importance for the socio-economic development of the Latin American and Caribbean Region (LAC). Governments are striving to bridge the gap between transportation demand and supply to facilitate access to health care, education, jobs and markets to all economic and social groups, with a wide geographic coverage, in a safe, environmentally friendly and affordable way.
News
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IDB capital increase approved in vote
Member countries of the IDB have approved a resolution authorizing a $70 billion increase in the Bank´s ordinary capital increase. Feb 9, 2012
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IDB approves $130 million loan for Viadom toll road in the Dominican Republic
IDB loan to finance construction and rehabilitation of network of roads of Viadom in the Dominican Republic. Feb 6, 2012
IDB Transport in the press
Electric cars in Bogota will not have "pico y placa"
Source: Portafolio
The green corridor has the support of the president, Juan Manuel Santos, the Clinton Foundation, the Ministry of Transport, the World Bank and the Inter-American Development Bank.
Dec 20, 2011.
With support from the IDB, Uruguay will improve its transportation infrastructure
Source: Empresa Exterior
The operation will aid the rehabilitation of road sections belonging to the national road network which may become part of international corridors
Dec 16, 2011.
Projects Highlights
Preparation
- Brazil. PROCIDADES. Integrated Urban Development Program of Municipio de Piracicaba.
- Brazil. Blumenau's Sustainable Urban Mobility Program (BID-Blumenau Program).
- Brazil. Sao Bernardo do Campo Urban Transportation Program - Stage II.
Approved
- Colombia. Supplementary Financing. Cali Integrated Transport System. Feb 15, 2012
- Uruguay. Road Infrastructure Program II. Jan 1, 2012
- Brazil. Support for Institutional Strengthening of ANTT for Rail Transport Management. Dec 14, 2011
- Expanding Costa Rica´s Airport (1:29)
LoadingExpanding Costa Rica´s Airport
Spotlight
Events
The ‘Road Safety tag’ is intended to become the road safety equivalent of the red ribbon for HIV/AIDS awareness or the white wristband worn in the fight against poverty.
By the numbers
23%
of global CO2 emissions come from transport. More>>
