IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform
2019-10-18

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

October 13, 2018
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.

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

September 24, 2018
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

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
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.

Colombia, Mexico, Brazil and Argentina win the Gobernarte 2018 Award with innovative ideas

August 29, 2018
The fifth edition of the "Gobernarte - Premio Eduardo Campos" contest of the Inter-American Development Bank (IDB), identified innovative ideas in the area of citizen participation and digital citizenship from the subnational governments of Bogotá, Colombia; Puebla, Mexico; Sao Paulo, Brazil; and Cordoba, Argentina.

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

November 23, 2017
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 backs measures to boost productivity in Paraguay

November 22, 2017
Loan of $200 million will support key measures to develop the private and financial sectors  The Inter-American Development Bank (IDB) has approved a $200 million policy-based loan to support reforms aimed at boosting economic productivity in Paraguay.  The reforms are key to improving inclusive and sustainable growth in Paraguay in a context marked by international financial uncertainty, the economic evolution of its main trading partners and a fall in commodity prices. 

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

November 14, 2017
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).

IDB promotes Mesoamerica’s transportation, logistics and integration agenda

August 09, 2017
IDB to finance specialized studies as well as investment and action plans for regional initiatives, with particular emphasis on the Pacific Corridor