IDB Study Shows Path to Digitally Transforming Transportation in LAC

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The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe.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.
2022-05-10

PPP Americas Event Highlights Infrastructure Needs and Opportunities in the LAC Region

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.
2021-12-09

IDB Approves Additional $1.8 Billion for Sustainable Development, Integration in LAC

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
2021-12-08

The IDB, IDB Lab and Beat join to improve the financial status of drivers

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.
2021-09-28

IDB supports private participation arrangements in Colombia’s infrastructure

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.
2021-06-10

Peru will boost competitiveness through road network improvement with help from IDB

April 19, 2021
The program will benefit 4.1 million people living in locations throughout the 39 provinces adjoining departmental road network’s road corridors. The Inter-American Development Bank (IDB) has approved a US$114.3 million loan to improve and maintain the departmental road network, helping reduce transport operation costs and travel time.
2021-04-19

Peru will promote private sector investment in electric mobility with IDB support

April 08, 2021
Peru will encourage private sector investments in sustainable electric transport solutions with help from a $20 million loan approved by the Inter-American Development Bank (IDB).
2021-04-08

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “
2021-03-21

IDB announces Build Forward initiative to advance technology and resilience in Caribbean

February 25, 2021
Effort includes multi-donor facility expected to mobilize $1.5 billion The Caribbean Governors of the Inter-American Development Bank backed Build Forward, a $3.5 billion multi-year program to help Caribbean countries sustainably recover while making technological leaps that will bring about a transformational future.
2021-02-25

IDB Launches Infrastructure Data Observatories

September 24, 2020
The energy, transport, and water and sanitation observatories will increase the availability of reliable data in Latin America and the Caribbean The Inter-American Development Bank (IDB) will launch three data observatories to plan infrastructure investments and speed up development in Latin America and the Caribbean. The observatories, jointly developed with other international partners, will provide access to reliable and up-to-date data in the water and sanitation, energy, and transportation sectors.
2020-09-24