Habitat III: Multilateral Development Banks from around the world collaborate to support ‘New Urban Agenda’

Tuesday, October 18, 2016 - 03:00
QUITO, Ecuador – In support of the ‘New Urban Agenda’ adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) are putting the Agenda’s words into action by issuing a “Joint Statement” expressing their commitment to promote equitable, sustainable, and productive urbanization and urban communities.

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.

Capturing land value, key to Latin American cities development

Wednesday, October 12, 2016 - 03:00
IDB study offers ways to finance sustainable urban growth Cities in Latin America and the Caribbean are growing at breakneck speed. The million-dollar question is– how should they manage and finance their sustainable development so they can continue to expand and at the same time optimize the use of space and be a comfortable place to live in?

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.

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.

Deepening ties between China and Latin America Highlighted at 8th China-LAC Business Summit

Friday, September 12, 2014 - 03:00
Hundreds of executives and officials from China, Latin America and the Caribbean gather in Changsha to learn of business opportunities and share knowledge on development challenges CHANGSHA, China – With trade and investment between China and Latin America expected to nearly double over the next decade, opportunities abound for businesses from both regions that want to sell their products and services halfway around the world.

China to provide $2 billion for Latin America and the Caribbean Co-financing Fund

Saturday, March 16, 2013 - 03:00
First of its kind, the IDB-managed Fund will provide valuable additional resources for key public and private sector development projects The Inter-American Development Bank (IDB) and the People's Bank of China (PBC) approved the China Co-financing Fund for Latin America and the Caribbean to support public and private sector projects that promote sustainable economic growth in the region.

IDB approves $153 million in loans to set up IDB-China Eximbank Equity Investment Platform

Thursday, November 29, 2012 - 03:00
The Inter-American Development Bank (IDB) has approved as much as $153 million in loans for the establishment of a new equity investment platform for Latin America and the Caribbean in partnership with the Export-Import Bank of China (China Exim).

IDB, China Eximbank further advance in the creation of equity investment platform for Latin America and the Caribbean

Monday, March 19, 2012 - 03:00
MONTEVIDEO, Uruguay – The Inter-American Development Bank (IDB) and the Export-Import Bank of China (China Eximbank) are advancing in the creation of an investment platform for Latin America and the Caribbean that will mobilize as much as $1 billion for equity investments to promote sustainable economic development in the region.