Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

Saturday, October 13, 2018 - 16:41
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

IDB launches report detailing steps to help avoid social conflicts

Monday, September 10, 2018 - 16:02
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

IDB backs plan to boost competitiveness of Uruguay's agriculture and livestock sector and enhance its access to international markets

Friday, November 18, 2016 - 03:00
The plan will help strengthen government manage of the sector by improving services and bringing it closer to everyday people The Inter-American Development Bank has approved a $7.6 million loan for a program to help boost the competitiveness of Uruguay's farming and livestock sector and make it more active in international markets by strengthening the institutional management of the Ministry of Livestock, Agriculture and Fisheries.

Dairy farmers in Uruguay to improve energy efficiency, access clean energy with MIF support

Wednesday, December 21, 2011 - 03:00
$6 million project to benefit as many as 500 small and medium-sized dairy producers The Multilateral Investment Fund (MIF), in partnership with the Cooperativa Nacional de Productores de Leche (CONAPROLE), is launching a $6 million project to help expand access to clean and efficient energy for small and medium-sized dairy farmers in Uruguay.

Uruguay’s Estancias del Lago to get $65 million IDB loan to boost powdered milk exports

Wednesday, December 14, 2011 - 03:00
State-of-the-art dairy operation to boost local employment, promote efficient use of natural resources The Inter-American Development Bank (IDB), approved a loan of up to $65 million for Estancias del Lago S.A., a Uruguayan privately-held agri-business company, to develop a fully-integrated and highly efficient dairy operation to export powered milk.

Chile will boost and diversify fruit exports with IDB support

Wednesday, August 3, 2011 - 03:00
Project to generate over 10,000 jobs and promote sustainable farming practices The Inter-American Development Bank today announced the approval of a $32 million loan to Chile’s Grupo Subsole, one of the largest locally owned fresh fruit companies and the country’s third largest table grape exporter.

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.

MIF supports Chilean venture capital fund focused on agribusinesses

Tuesday, December 1, 2009 - 03:00
The Inter-American Development Bank’s Multilateral Investment Fund (MIF) will make an equity investment of up to $3.5 million in AgroDesarrollo, a fund that will back agribusiness entrepreneurs in rural Chile. AgroDesarrollo has obtained a credit line of up to $21 million from CORFO, the Chilean development agency. The CORFO credit line will leverage AgroDesarrollo’s equity commitments, allowing the fund to grow to $28 million if it raises $7 million in equity.  Other investors include Chilean companies and individuals.