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.

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 provides up to $165 million for modernization of Bogota’s airport

Wednesday, December 8, 2010 - 03:00
The Inter-American Development Bank announced the approval of a loan for up to $165 million for a project to modernize and expand Bogota’s El Dorado international airport, Colombia’s leading air terminal.

IDB supports Colombia's entry to the OECD and reaffirms support for reconstruction following devastating rains

Saturday, December 4, 2010 - 03:00
- In the context of the XX Iberoamerican Summit in Mar del Plata, Argentina, and before the early departure of President Juan Manuel Santos from the meeting in response to the worsening destruction caused by rains and flooding, the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, pledged the IDB’s support for Colombia’s entry into the Organization for Economic Cooperation and Development (OECD). At present, Mexico and Chile are the only Latin American OECD member countries.  

IDB and FEMSA Foundation award Water and Sanitation Prize to innovative service operators

Tuesday, September 7, 2010 - 03:00
Stockholm – Service operators and public officials from Mexico, Nicaragua, Brazil and Colombia were recognized for innovative contributions to water and sanitation by the Inter-American Development Bank and FEMSA Foundation today, in the context of World Water Week congress taking place in the Swedish capital. 

Colombia to improve poor families’ health, nutrition, and education with IDB assistance

Thursday, August 5, 2010 - 03:00
The Inter-American Development Bank approved a $220 million loan to support Colombia’s Familias en Acción conditional cash transfer program aimed at improving the health, nutrition and education of poor families. Familias en Acción, Colombia’s highly-successful conditional cash transfer program, was established in 2001 with the dual objective of contributing to poverty reduction through direct cash transfers to families, and stimulating household investment in child health and education.

Scholars stress great integration potential between India and Latin America

Tuesday, July 27, 2010 - 03:00
The Inter-American Development Bank (IDB) unveiled today a new study calling for India and Latin America to foster closer economic ties in order to tap into  “massive” trade and investment opportunities between these two distant partners.

Colombia strengthens its sub-national fiscal stability with IDB support

Friday, July 2, 2010 - 03:00
Colombia will strengthen its sub-national fiscal stability by monitoring, tracking and establishing more effective control over the finances of territorial entities and decentralized national entities with a US$200 million loan approved by the Inter-American Development Bank.