IDB helps thousands of SMEs from the region to do business with China

Friday, October 21, 2016 - 03:00
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.

Committees of the Boards of Governors of IDB and IIC back advancing towards MIF replenishment

Thursday, October 6, 2016 - 17:34
The Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) met in Washington DC today to discuss a report on the strategic vision and future financing of the Multilateral Investment Fund (MIF). The IDB and IIC Governors requested the preparation of this report during their Annual Meeting held in March in The Bahamas. The Multilateral Investment Fund is an innovation lab for the IDB Group to promote development through the private sector in Latin America and the Caribbean.

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.

Regional export decline eases: shipments fall 9% in the first quarter

Tuesday, May 31, 2016 - 03:00
The moderation of the contraction is observed in most countries of the region according to a new IDB report Exports from Latin America fell 9 percent between January and March 2016 compared to the same period the previous year. This figure indicates a deceleration with respect to the 2015 decline of 15 percent, according to a new report by the Inter-American Development Bank (IDB).

IDB, CDB, CARICOM and the US Department of Energy sign MOU to support renewable energy and energy efficiency in the Caribbean

Thursday, May 5, 2016 - 03:00
Partnership will aid cleaner, cheaper, and more secure sources of energy for the Caribbean Region President Luis Alberto Moreno of the Inter-American Development Bank (IDB), President Warren Smith of the Caribbean Development Bank (CDB), Secretary Ernest Moniz of the United States Department of Energy (DOE), and Secretary General Irwin LaRocque of the Caribbean Community (CARICOM) signed a memorandum of understanding (MOU) that creates a framework for cooperation to promote programs and activities that foster the transformation of the energy sector in th

Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname

Friday, April 15, 2016 - 20:06
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.

Inter-American Development Bank committed to supporting the Caribbean’s economic growth

Friday, March 4, 2016 - 03:00
The IDB’s Caribbean Regional Governors meet in Washington, D.C. to analyze 2016 economic outlook The Inter-American Development Bank (IDB) hosted the Fifth Annual Meeting of the Governors of the Caribbean Country Department (CCB) in Washington on March 3-4. The meeting was to exchange ideas, discuss their economies, and what role the IDB can play.

IDB announces finalists for the 2016 Infrastructure 360° Awards

Thursday, September 3, 2015 - 03:00
12 projects selected from 50 submissions from Latin America and Caribbean countries The Inter-American Development Bank (IDB) has announced the finalists for the 2016 Private Sector Infrastructure Sustainability Awards, or the Infrastructure 360° Awards, which identify, assess and reward sustainable infrastructure investments made by the private sector and public-private partnerships in the IDB's 26 borrowing member coun

Chile to expand use of non-conventional renewable energy sources with IDB support

Monday, December 22, 2014 - 03:00
Arica 1 and Los Loros photovoltaic (PV) plants will eliminate an estimated 111,000 tons of greenhouse gas emissions annually Chile will expand the use of renewable resources to substitute for fossil fuel generation to meet the energy needs of its mining industry with two loans from the Inter-American Development Bank (IDB) of $27.7 million for the Arica 1 project and $25.7 million for the Los Loros project. Both projects will sell energy to the spot markets.

IDB, JICA to promote renewable energy and energy efficiency in Central America and the Caribbean

Saturday, March 29, 2014 - 03:00
JICA to provide concessional loans up to $1 billion Co-financing agreement promotes investments in renewable energy and energy efficiency to mitigate negative impacts of climate change through 2017 COSTA DO SAUÍPE, Brazil – The Inter-American Development Bank (IDB) and the Japan International Cooperation Agency (JICA) signed an amendment to a 2011 Memorandum of Understanding and a 2012 Framework Agreement to support renewable en