IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Chiapas receives 5.5 million pesos for the elimination of neglected tropical diseases

Wednesday, February 23, 2011 - 03:00
More than 132.000 people will benefit from a program the Inter-American Development Bank, the Pan American Health Organization and the Sabin Institute signed with the State of Chiapas to combat some of the worst infectious diseases. The Chiapas State Government will fight tropical diseases such as trachoma and helminthiasis with $312.000 donated by the institutions and their local counterpart. FEMSA Foundation has joined this effort and also donated $137.520 to the State of Chiapas.

Bolivia will improve its transportation system with IDB support

Wednesday, February 16, 2011 - 03:00
$15.8 million to finance technical support for the planning of Bolivia’s transportation infrastructure investments The Inter-American Development Bank (IDB) will assist the Bolivian government in the analysis and planning of investments in strategic infrastructure projects with a $15.8 million loan. 

IDB, governments of Central America, SICA and the international community prepare citizen security strategy for the region

Monday, February 14, 2011 - 17:28
The Inter-American Development Bank (IDB) and senior officials of the US Department of State, the international community and the Central American Integration System (SICA) discussed the progress of the Regional Security Strategy that countries are developing and coordination mechanisms for the fight against insecurity in Central America.

Agricultural revenues, employment in Latin American tropical areas likely to decline with deforestation ban

Friday, January 28, 2011 - 12:16
Farmers in Latin America and Caribbean will see billions in lost revenue over the next two decades if a complete ban on deforestation is put in place, highlighting the need for compensatory actions to alleviate poverty in affected rural areas, according to new pilot study by the Inter-American Development Bank (IDB). The study also found that a deforestation ban would have a negligible impact on food prices.

IDB launches second phase of public consultation to discuss strategy on Institutions for Growth and Social Welfare

Wednesday, January 26, 2011 - 03:00
The Inter-American Development Bank (IDB) announced the second phase of public consultations to discuss its draft strategy on Institutions for Growth and Social Welfare. As a key component of the Ninth General Capital Increase in the Resources of the IDB, the strategy will guide the Bank’s operational and analytical work to improve the institution’s impact on economic growth and social welfare.

Inter-American Development Bank and Standard Chartered Disburse First Trade Finance co-loan under the new $200 million Latin American Co-lending Partnership

Tuesday, January 25, 2011 - 03:55
The Inter-American Development Bank (IDB) and the Standard Chartered Bank (SCB) disbursed the first co-loan of the recently signed Latin American Trade Co-lending Partnership (TCLP). The $10 million, 360-day trade finance loan to Banco Industrial e Comercial S.A. (BICBANCO) will facilitate the flow of consumer goods from Brazil to Germany. This is the first of many trade finance loans expected to be disbursed under the partnership.

Mexico will invest $600 million to improve water, sanitation and hygiene in rural communities and public schools

Tuesday, January 11, 2011 - 03:00
Mexico will embark on an ambitious effort to improve water and sanitation infrastructure in rural communities and public schools with help from two loans approved by the Inter-American Development Bank (IDB).

IDB boosts support for small and medium-size infrastructure investments in Latin America

Thursday, December 23, 2010 - 03:00
The Inter-American Development Bank (IDB) will boost its support for small and medium-size infrastructure investments in Latin America and the Caribbean by providing as much as $60 million in new financing for Corporación Interamericana para el Financiamiento de Infraestructura S.A. (CIFI).

Macquarie Group Spurs Private Investment in Mexico’s infrastructure with IDB Support

Monday, December 20, 2010 - 03:00
The Inter-American Development Bank has approved a $150 million loan for the Macquarie Mexican Infrastructure Fund, marking the first time a financial institution will channel a large volume of private pension resources for infrastructure investments in Mexico.