Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support

Thursday, November 23, 2017 - 19:00
The Inter-American Development Bank (IDB) has approved a multiple-works investment loan in the amount of US$276.05 million to Centrais Elétricas de Santa Catarina–Distribuição S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina. The program’s overall objective is to help boost productivity throughout the state of Santa Catarina by providing a higher quality and more reliable supply of electric power.

IDB Group and UK approve innovative £177 million financing program for sustainable infrastructure

Tuesday, November 14, 2017 - 06:09
Bonn, Germany— The Inter-American Development Bank Group, principally through its private-sector arm IDB Invest, and the Department for Business, Energy and Industrial Strategy of the UK (BEIS) announced today they are partnering to create the UK Sustainable Infrastructure Program (SIP).

Brazil’s Parana state will improve logistics capacity with IDB assistance

Thursday, September 21, 2017 - 13:45
Brazil’s Parana state will boost its efficiency and productive competitiveness and develop its sustainable transportation infrastructure and regional integration with a US$235 million loan from the Inter-American Development Bank (IDB).

Brazil to push private investment in clean energy with $750 million in IDB resources

Thursday, December 15, 2016 - 03:00
Program is the first in a conditional line of credit of up to $ 2.4 billion and will be carried out by BNDES and accredited financial institutions Brazil is going to boost long-term credit to finance renewable energy and energy efficiency in the private sector with $750 million in resources from the Inter-American Development Bank and $150 million from the Brazilian Development Bank (BNDES).

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.

Brazilian municipality of Santo André in Brazil to improve mobility with support from IDB

Thursday, July 28, 2016 - 03:00
$25 million loan will finance road construction and upgrades in this municipality in the Greater Sao Paulo area The Inter-American Development Bank (IDB) has approved a $25 million loan to improve transport infrastructure in the municipality of Santo André, in the greater Sao Paulo region in Brazil.

IDB to reward innovative initiatives in gender and road security categories for Gobernarte prize

Monday, July 25, 2016 - 03:00
Gobernarte 4th edition - Eduardo Campos Award announces categories and deadlines for prestigious award given to municipal, provincial and federal governments The Inter-American Development Bank (IDB) launched the 4th edition of the contest “Gobernarte - Eduardo Campos Award” that will reward the best innovations implemented by subnational pro-governments, states and municipalities of Latin America and the Caribbean. This year applications may be submitted for any of the following categories:

The IDB recognizes five municipal governments in the Gobernarte Contest and pays tribute to Eduardo Campos

Friday, April 22, 2016 - 03:00
The winners were chosen for their innovative initiatives The Inter-American Development Bank (IDB) selected the cities of Fortaleza and San Bernardo del Campo in Brazil, Antigua Guatemala in Guatemala, Guayaquil in Ecuador, and Baruta in Venezuela as the winners of “Gobernarte 2015: Eduardo Campos Award” in a ceremony held on April 19.

Key emerging markets attract record $126 billion in clean energy investment

Monday, November 23, 2015 - 03:00
Latest Climatescope study from the Inter-American Development Bank’s Multilateral Investment Fund and Bloomberg New Energy Finance shows 2014 clean energy activity mainly occurred in developing countries, led by China, Brazil and Chile