IDB launches study to help governments improve national statistics

Tuesday, June 19, 2018 - 16:05
New IDB study presents recommendations to strengthen statistical capacity, based on the experiences of 10 countries in Latin America Statistics are an essential input for decision making and the design of good public policies. For that reason, the countries of Latin America and the Caribbean should invest in the strengthening of their National Statistics Offices (NSO), according to a new study by the Inter-American Development Bank (IDB).

IDB LAUNCHES CALL FOR PROPOSALS FROM STARTUPS IN LATIN AMERICA AND THE CARIBBEAN

Tuesday, June 19, 2018 - 15:39
The Inter-American Development Bank (IDB) has launched a call for proposals that will reward the most disruptive ventures in Latin America and the Caribbean that are using innovation to improve lives.

MDB climate finance hit seven-year high of $35.2 billion in 2017

Wednesday, June 13, 2018 - 16:31
An increase of more than 20 percent from the previous year, boosting projects that help developing countries cut emissions and address climate risks Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in

IDB Invest and Banco Agrícola partner to increase financing for SME in El Salvador

Wednesday, June 13, 2018 - 15:36
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, has signed a loan of up to $30 million with Banco Agrícola in El Salvador. The objective of the project is to increase access to financing for small and medium enterprises (SME) in the country.  

El Salvador to strengthen fiscal management and promote inclusive growth with IDB support

Wednesday, June 13, 2018 - 09:12
US$350 million financing will support measures to strengthen public spending management El Salvador will strengthen its fiscal management and protect public investment and the financing of social programs to promote inclusive growth with help from a US$350 million policy support program from the Inter-American Development Bank.

Digitization of transactional public services would reduce red tape and corruption, save money in Latin America and the Caribbean

Monday, June 11, 2018 - 12:47
New IDB report recommends focusing on citizen experience interacting with government, investing in online services to benefit citizens, businesses and public sector institutions Digital transactional public services (“transactions”) take 74% less time than face-to-face transactions, cost much less and reduce corruption; nevertheless, in Latin America and the Caribbean there is still little investment to offer transactions online. The result? Citizens, firms and public institutions lose time, money and productivity.

IDB Invest meets with civil society organizations to discuss Colombia’s Hidroituango project

Friday, June 8, 2018 - 17:37
Institution reiterates commitment to affected communities, support for efforts undertaken by EPM and Colombian authorities On Tuesday, June 5, representatives from IDB Invest, the IDB Group’s private sector arm, met with delegations from Movimiento Rios Vivos, the Interamerican Association for Environmental Defense, and the Center for International Environmental Law to discuss the situation of the Hidroituango hydroelectric project in Antioquia, Colombia.

IDB to recognize project implementing agencies with Superheroes of Development Awards

Thursday, June 7, 2018 - 16:01
APPLICATION DEADLINE IS 13 JULY 2018 The Inter-American Development Bank (IDB) today announced the first edition of its Superheroes of Development Awards, which will recognize outstanding achievements of executing agencies in solving problems or handling risks while implementing development projects.

IDB Invest invests in Bozano Investimentos to expand access to financing for midsized companies in Brazil

Wednesday, June 6, 2018 - 17:48
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, made an equity investment of up to $10 million in Bozano Growth Capital Fund. The Fund will invest growth capital in family-owned or family-controlled midsized companies with high growth potential operating in Brazil.

IDB Group and BNDES in Brazil launch Infrastructure Credit Fund

Tuesday, June 5, 2018 - 09:33
São Paulo – The Inter-American Development Bank (IDB) Group, through its private sector institution, IDB Invest, and the Brazilian Development Bank (BNDES) announce an alliance for the creation of an infrastructure credit fund for up to $1.5 billion. The fund initially called "B2 Infra" includes approximately 30% of its resources from BNDES, 10% from IDB Invest and the remainder will be raised together with the private sector, notably from institutional investors.