May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
March 10, 2022
The Inter-American Development Bank (IDB) has approved a $260 million loan to support Paraguay’s National Development Plan through the expansion of the electricity transmission system, which will provide the country with a sustainable, reliable and efficient energy supply.
December 17, 2021
Colombia is making progress towards decarbonizing its economy with the support of the Inter-American Development Bank (IDB), through a line of credit to finance projects related to the energy transition that contribute to the reduction of CO2 emissions and economic reactivation. The financing line for Banco de Comercio Exterior de Colombia S.A. (Bancóldex) includes a COP$175,000 million (approximately $45 million) IDB loan, as well as a co-financing of $3.5 million, and a $1.5 million non-reimbursable financing from the Clean Technology Fund.
December 09, 2021
SÃO PAULO — In the challenging context of the ongoing COVID-19 pandemic, the Inter-American Development Bank (IDB) launches the 10th edition of PPP Americas, the principal forum on public-private partnerships in Latin America and the Caribbean. The event aims to help jump-start economic recovery in in the region by supporting the use of PPP approaches and fostering better planning and maintenance of infrastructure projects.
December 08, 2021
Resources approved this week will promote sustainability and inclusion policies and programs in Barbados, Brazil and the Dominican Republic, as well as economic integration among the River Plate Basin countries. More than 70% of approved resources, or $1.3 billion, were assigned to Brazil. The IDB will release its total 2021 loan and operations amounts by December 17. The Board of Directors of the Inter-American Development Bank (IDB) approved five operations this week, to
November 08, 2021
The first regional microfinance loan fund for climate change adaptation will go to rural areas of Mexico, Ecuador, Peru, and Central American countries. IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), has participated in the creation of a pioneering fund to provide microfinance loans for climate change adaptation to small farmers in Latin America.
October 25, 2021
The innovation lab for the Inter-American Development Bank (IDB) Group, IDB Lab, announces a USD$4 million investment commitment, along with an additional technical cooperation grant of $500,000, to support innovative solutions to tackle the growing problem of plastic waste ending up in the oceans and waterways of Latin America and the Caribbean (LAC).
October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.
September 28, 2021
The Inter-American Development Bank (IDB), IDB Lab, and Beat, Latin America’s fastest growing ride-hailing app, announce today their official partnership in order to promote and facilitate access to voluntary saving mechanisms for independent workers across four countries in Latin America.
June 10, 2021
The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing and foster conditions conducive to economic recovery following the COVID-19 pandemic. The operation seeks to consolidate the government’s capacity to promote private participation arrangements in economic and social sectors given the new scenario of budgetary and financing constraints for the expansion of Colombia’s infrastructure.