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.

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.

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.

IDB supports Peru’s climate change agenda

Friday, November 19, 2010 - 03:00
Peru will implement a climate change program that includes new tools to carry out its mitigation and adaptation agendas as well as strengthen its climate-related institutions, as part of a reform program supported by the Inter-American Development Bank.

IDB and JBIC to Expand Cooperation in Mitigation and Adaptation of Global Warming

Friday, November 12, 2010 - 03:00
TOKYO, Japan – The Inter-American Development Bank (IDB) and the Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding to strengthen cooperation in projects aimed at reducing green house gas emissions in Latin America and the Caribbean. The MOU was signed between the JBIC CEO, Hiroshi Watanabe and the IDB President Luis Alberto Moreno during his participation in an event in Japan organized by the Asia-Pacific Economic Cooperation (APEC). 

Peru to receive $100 million for social sector reform

Monday, November 8, 2010 - 03:00
The Inter-American Development Bank (IDB) has approved a $100 million loan to help Peru further reduce poverty through the strengthening of its principal social protection and labor programs. This is the second programmatic operation in a series of three supporting the governments’ reform plan in these sectors. Part one of the program started in 2009.

IDB launches Public Consultation for its Latin American and Caribbean Climate Change Strategy

Thursday, October 28, 2010 - 03:00
The Inter-American Development Bank (IDB), the largest source of multilateral financing for Latin America and the Caribbean, has launched a broad public consultation on the draft of its Integrated Strategy for Climate Change Adaptation and Mitigation, and Sustainable and Renewable Energy. This public consultation includes a 90-day online forum in addition to meetings with representatives of civil society, including non-governmental organizations across the region and in Washington DC. The consultation is a critical step toward the adoption of a new climate change strategy.

IDB'S Multilateral Investment Fund launches targeted US$50 million facility to boost carbon market access for low-income communities, small firms

Thursday, October 21, 2010 - 03:00
The Multilateral Investment Fund (MIF), the Inter-American Development Bank's private-sector arm that promotes opportunity for small and microenterprises, has launched the MicroCarbon Development²  Fund (MCD²

Peru to reduce natural disasters vulnerability, boost response capacity with IDB assistance

Thursday, September 23, 2010 - 03:00
Peru, the Latin American country most affected by natural disasters, will reduce its vulnerability and improve its disaster response capacity with a $25 million loan from the Inter-American Development Bank.