Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

Saturday, October 13, 2018 - 16:41
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.

The IDB and Miami Dade College select eighteen startups from Latin America, the Caribbean and South Florida to participate in Demand Solutions Miami 2017

Monday, August 21, 2017 - 13:58
Miami Dade College (MDC) and the Inter-American Development Bank (IDB) will host Demand Solutions Miami on Thursday, Oct. 19, at the Wolfson Campus in Downtown Miami. Eighteen startups in design, fashion, gastronomy, music and multimedia have been selected to participate in a one-of-a-kind conference that will highlight innovation and entrepreneurship that improves lives.

Latin American and Caribbean exports increase for the first time in four years

Monday, May 22, 2017 - 03:00
A new report by the IDB estimates a year-on-year growth rate of 17 percent in the first quarter of 2017 After four consecutive years of contraction, Latin American and Caribbean exports returned to a path of growth. In the first quarter of 2017, the value of goods exports increased 17 percent year-on-year, having contracted 2.9 percent in 2016. The recovery was driven primarily by a rebound in commodity prices, according to an analysis conducted by the Inter-American Development Bank (IDB) using detailed data for 25 countries in the region.

The IIC supports the sugarcane industry in Brazil with a $50 million loan

Monday, April 17, 2017 - 11:46
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB), has completed the first disbursement of a $50 million revolving corporate loan to Sucres et Denrées S.A (Sucden) to support sustainable agricultural and industrial practices in the sugarcane sector in Brazil.

More than 800 business and government leaders discuss ambitious integration agenda to compete in global trade

Friday, March 31, 2017 - 03:00
IDB President and Paraguay’s Minister of Industry and Trade inaugurate the Business Forum at the Bank’s Annual Meeting ASUNCION, Paraguay – The Business Forum “Latin America: An Agenda for Growth and Development” opened today, with more than 800 business leaders and high-level government officials from 33 countries. The participants gathered to discuss Forum an ambitious integration agenda to help the region participate in international value chains and compete in global trade.

IIC joins efforts with Mind Lab to expand access to innovative educational methodologies in Brazil

Wednesday, February 1, 2017 - 03:00
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has signed a BRL 18 million loan with Mind Lab Brazil to increase access to innovative educational methodologies in public and private schools in Brazil. With the support of the IIC, the company expects to reach more than 160,000 additional students over the next six years, most of them living at the base of the economic pyramid.

Committees of the Boards of Governors of IDB and IIC back advancing towards MIF replenishment

Thursday, October 6, 2016 - 17:34
The Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) met in Washington DC today to discuss a report on the strategic vision and future financing of the Multilateral Investment Fund (MIF). The IDB and IIC Governors requested the preparation of this report during their Annual Meeting held in March in The Bahamas. The Multilateral Investment Fund is an innovation lab for the IDB Group to promote development through the private sector in Latin America and the Caribbean.

Regional export decline eases: shipments fall 9% in the first quarter

Tuesday, May 31, 2016 - 03:00
The moderation of the contraction is observed in most countries of the region according to a new IDB report Exports from Latin America fell 9 percent between January and March 2016 compared to the same period the previous year. This figure indicates a deceleration with respect to the 2015 decline of 15 percent, according to a new report by the Inter-American Development Bank (IDB).

Brazilian and Mexican projects win the Infrastructure 360º Awards

Friday, April 15, 2016 - 03:00
The Inter-American Investment Corporation (IIC), the private sector arm of the IDB Group, announced today the winners of the third annual Infrastructure 360o Awards. Launched in 2013 together with the Harvard Zofnass Program for Sustainable Infrastructure, the Awards seek to identify, recognize, and share best practices of sustainable infrastructure in Latin America and the Caribbean.

IDB Group supports Klabin S.A. in the construction of a pulp mill in Brazil

Monday, March 7, 2016 - 03:00
The Inter-American Development Bank (IDB) has joined efforts with Klabin S.A. to finance the construction of a new state-of-the-art greenfield pulp production mill in the municipality of Ortigueira, one of the poorest cities of the state of Parana, Brazil. Through an A/B Loan of $300 million, the IDB Group has provided Klabin with long-term financing to develop Project Puma—the largest private investment in the history of Parana.