IDB launches Superheroes of Development contest to recognize executing agencies

Monday, March 4, 2019 - 18:41
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

IDB Group and UK approve innovative £177 million financing program for sustainable infrastructure

Tuesday, November 14, 2017 - 06:09
Bonn, Germany— The Inter-American Development Bank Group, principally through its private-sector arm IDB Invest, and the Department for Business, Energy and Industrial Strategy of the UK (BEIS) announced today they are partnering to create the UK Sustainable Infrastructure Program (SIP).

IDB supports road infrastructure upgrades in Peru

Thursday, December 15, 2016 - 03:00
Improving the road linking Huánuco - La Unión - Huallanca will facilitate exports of products from Peru's Sierra and jungle The Inter-American Development Bank (IDB) has approved a $80 million loan to support upgrades, improvement and conservation of the Huánuco - La Unión - Huallanca road, which links productive areas of Peru's sierra and jungle with the country's main foreign trade hubs, including the port of Callao.

IDB backs program to boost competitiveness in Paraguay's agriculture sector and economic integration

Monday, December 5, 2016 - 10:44
Road upgrades and conservation will benefit small- and medium-size producers and a population of 522,000 people Paraguay will improve the competitiveness of its farm and livestock sector and its economic integration, particularly in the east of the country, with a road upgrade and conservation project backed by a $90 million loan approved by the Inter-American Development Bank (IDB).

IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador

Saturday, October 15, 2016 - 03:00
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.

IDB Hosts Capitol Hill Event on US-Caribbean Strategic Engagement

Friday, June 17, 2016 - 21:31
US Members of Congress Recognize IDB for its Leadership on Caribbean Development On June 15, 2016, the Inter-American Development Bank (IDB) and Caribbean-Central American Action (CCAA) co-hosted an event on Capitol Hill on “Opportunities and Challenges for the United States and Caribbean Region." A highlight of this IDB-CCAA event was remarks by Representative Eliot Engel (D-NY) and Representative Ileana Ros-Lehtinen (R-FL), the lead co-sponsors of H.R. 4939, the United States-Caribbean Strategic Engagement Act (H.R.

JICA and the IDB to Fund Energy and Infrastructure, Expanding their Co-financing Arrangement to $3 Billion

Saturday, April 9, 2016 - 03:00
Regional Program Will Triple Current Target and Extend Its Reach throughout the Americas NASSAU, Bahamas - Through a new agreement with the Inter-American Development Bank (IDB), the Japan International Cooperation Agency (JICA) will invest a total of $3 billion in Latin America and the Caribbean to support renewable energy and energy efficiency projects, as well as quality infrastructure projects related to energy savings.

Canada funds IDB Program for Better Natural Resource Management in the Americas

Thursday, March 31, 2016 - 03:00
CAN $ 20 million grant from Canada will improve transparency and sustainability in the extractive industries sector The Government of Canada has donated CAN$20 million to establish the Canadian Extractive Sector Facility (CANEF) at the Inter-American Development Bank (IDB). The Facility will support knowledge generation activities and technical assistance throughout Latin America and the Caribbean.

Paraguay will implement new program to restore and maintain rural roads with IDB support

Tuesday, December 8, 2015 - 03:00
The program will improve the connectivity and access to markets in the country's eastern region, and will help to reduce rural poverty Paraguay will improve the connectivity of rural areas in the eastern region, and the access by productive zones to consumers, with a loan of $62 million approved by the Inter-American Development Bank (IDB). This loan will finance a program to restore and maintain rural roads and replace old wooden bridges with reinforced concrete.