October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.
October 30, 2018
Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.
October 13, 2018
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.
August 09, 2018
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.
July 18, 2017
The Inter-American Investment Corporation (IIC), the private sector arm of the IDB Group, signed a US$56 million senior A-loan and a US$25 million B-loan from BBVA to Difebal S.A, a special purpose vehicle fully owned by Terna, the largest transmission system operator in Europe.
June 01, 2017
The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) has approved an equity investment of US$5 million in an impact investing fund for Latin American tech-driven social enterprises. The MIF is the first anchor investor in the NXTP Labs Fund providing seed capital for approximately 32 companies in technology verticals such as FinTech, AgTech, EdTech, CleanTech, Marketplace, SaaS for SMEs, Collaborative Economy and Disruptive Technologies, among others.
May 02, 2017
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has disbursed a US$120 million financing package to Areaflin, S.A. to support the construction, operation, and maintenance of the Valentines Wind Farm in Uruguay. The 70 MW project will provide clean energy to over 100,000 Uruguayans at cheaper rates than fossil-fuel based alternatives. It will generate approximately 311.4 GWh of renewable energy per year and will reduce annual emissions by approximately 187,726 tons of CO2e.
More than 800 business and government leaders discuss ambitious integration agenda to compete in global trade
March 31, 2017
IDB President and Paraguay’s Minister of Industry and Trade inaugurate the Business Forum at the Bank’s Annual Meeting ASUNCION, Paraguay – The Business Forum “Latin America: An Agenda for Growth and Development” opened today, with more than 800 business leaders and high-level government officials from 33 countries. The participants gathered to discuss Forum an ambitious integration agenda to help the region participate in international value chains and compete in global trade.
IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean
February 24, 2017
The deadline for accepting proposals is April 26th, 2017 The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.
October 21, 2016
3,000 business meetings were held at the China-LAC Business Summit The main goal of the 10th China-LAC Business Summit, recently organized by the Inter-American Development Bank (IDB), was to support Latin American and Caribbean small and medium enterprises (SMEs) with expanding their trade ties with China. Through these forums, the Bank has over the years enabled thousands of SMEs to penetrate the Chinese market, promoting knowledge exchange and business making.