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.

Bolivia will improve its transportation system with IDB support

Wednesday, February 16, 2011 - 03:00
$15.8 million to finance technical support for the planning of Bolivia’s transportation infrastructure investments The Inter-American Development Bank (IDB) will assist the Bolivian government in the analysis and planning of investments in strategic infrastructure projects with a $15.8 million loan. 

IDB President will travel to Caribbean member countries

Friday, February 4, 2011 - 14:49
Luis Alberto Moreno will visit Barbados, Trinidad & Tobago and Suriname Inter-American Development Bank President, Luis Alberto Moreno, will visit three Caribbean IDB member countries next week to help strengthen the IDB’s contribution to the development effort throughout the region.

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.

Aid For Trade: Facilitating Development through Trade in the Caribbean

Friday, January 28, 2011 - 03:00
Member states of the Caribbean Community (CARICOM) gathered to assess how Aid for Trade (AfT) can facilitate the development of the small vulnerable economies of CARICOM. During an event sponsored by the CARICOM Secretariat, the World Trade Organization (WTO), and supported by the Inter-American Development Bank (IDB).

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 launches LEED Financing Facility for the construction of green hotels in Central America, Mexico and the Caribbean

Tuesday, December 14, 2010 - 03:00
The Inter-American Development Bank (IDB) approved a master financing facility of up to $42 million in long-term IDB loans to finance up to eight Marriott-hotels to be developed by Caribe Hospitality S.A. in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico that will meet world-class environmental and sustainability standards.

Trinidad and Tobago will support modernization of capital spending in the public sector with IDB assistance

Tuesday, December 7, 2010 - 03:00
The Inter-American Development Bank approved a $100 million loan to support the government of Trinidad and Tobago in its efforts to enhance and modernize the management of its public capital expenditure.  The loan, the first of the programmatic series of three independent but related operations, will lay the foundation for the rest of the program.

Trinidad and Tobago to improve living conditions for low-income families

Friday, December 3, 2010 - 03:00
Trinidad and Tobago will improve the living conditions of more than 50,000 people with a housing neighborhood upgrading project financed with a $40 million loan from the Inter-American Development Bank (IDB).