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.

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. 

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.

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).

IDB closes the first ever internationally syndicated loan in Paraguay

Tuesday, December 14, 2010 - 03:00
The Inter-American Development Bank (IDB) closed a $40 million syndicated loan with Banco Continental in Paraguay to help fund lending to small and medium-sized business. The operation consists of a five-year loan of $25 million (A Loan) from the IDB’s own resources with a two-year grace period; and $15 million syndicated loan (B Loan) involving private investors through the sale of participations divided in two tranches.

Paraguay to reduce housing deficit with help from the IDB

Monday, December 13, 2010 - 03:00
The Inter-American Development Bank (IDB), through its Opportunities for the Majority Initiative (OMJ), approved a partial credit guarantee of up to $2.5 million for Vision Banco S.A.E.C.A., a leading Paraguayan commercial bank specialized in microfinance, to help it expand loan offerings for micro-entrepreneurs that wish to make housing improvements.

Finance for Climate Action Reaching People Who Need It

Wednesday, December 8, 2010 - 03:00
CANCUN, MEXICO – From the world’s largest solar power program in North Africa to the greening of Mexico’s buses, more than 40 developing countries have now undertaken climate action with the support of the six billion dollar Climate Investment Funds (CIF). Joined today in Cancun by President Felipe Calderon of Mexico, the multilateral development bank (MDB) presidents heralded the two year old Funds as a path-breaking climate partnership.

In COP16, President Moreno backs creation of Green Fund

Wednesday, December 8, 2010 - 03:00
The President of the IDB also noted that “CO2 is linked to H2O” in a speech on climate change and water in Latin America and the Caribbean Moreno underscored the importance of energy efficiency The President of the Inter-American Development Bank Luis Alberto Moreno on Dec.