IDB and CDB to expand the Sustainable Energy Facility (SEF) for the Eastern Caribbean

Monday, December 17, 2018 - 11:21
US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations.  It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

Government of France becomes founding donor of IDB Natural Capital Lab

Friday, November 30, 2018 - 17:50
The Government of the French Republic will contribute €24 million to the recently launched Natural Capital Lab of the Inter-American Development Bank, becoming its founding donor. France’s Minister of the Economy and Finance, Bruno Le Maire, and IDB President Luis Alberto Moreno today signed a letter of intent concerning the contribution on the sidelines of the G20 summit in Buenos Aires, Argentina.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

Nestlé joins project to boost Haitian coffee farmers’ incomes

Thursday, July 12, 2012 - 14:13
World’s biggest coffee buyer teams up with IDB’s MIF, France’s AFD, Colombia’s National Coffee Federation and Haiti’s National Coffee Institute (INCAH) Nestlé, the world’s leading nutrition, health and wellness company, will join a project to improve the incomes and economic opportunities for 10,000 small-scale coffee producers in Haiti, the Inter-American Development Bank (IDB) announced today.

IDB approves $15 million grant to support agriculture policy reform in Haiti

Friday, June 1, 2012 - 03:00
Support for government efforts to clear obstacles to higher farming productivity A $15 million grant from the Inter-American Development Bank will assist Haiti in its efforts to modernize its agricultural policies and institutions to increase farm productivity and competitiveness. The IDB resources will be complemented with a $7 million grant from the Haiti Reconstruction Fund.

IDB grants $27 million for Haiti rural land tenure program

Wednesday, April 25, 2012 - 03:00
Investments to benefit some 40,000 farmers, improve efficiency and cut costs of land administration services The Inter-American Development Bank (IDB) today announced the approval of a $27 million grant for a pilot program to improve land tenure security in rural areas in northern and southern Haiti.

France’s AFD, IDB’s FOMIN fund project to boost Haitian coffee production

Tuesday, January 10, 2012 - 03:00
With additional contributions from Colombia and Nestlé The Inter-American Development Bank’s Multilateral Investment Fund (FOMIN) and France’s Agence Française de Développement (AFD) will provide approximately $3 million in grants for a project to increase the output and upgrade the quality of Haitian coffee, improving the incomes of at least 10,000 smallholder farmers.

IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Agricultural revenues, employment in Latin American tropical areas likely to decline with deforestation ban

Friday, January 28, 2011 - 12:16
Farmers in Latin America and Caribbean will see billions in lost revenue over the next two decades if a complete ban on deforestation is put in place, highlighting the need for compensatory actions to alleviate poverty in affected rural areas, according to new pilot study by the Inter-American Development Bank (IDB). The study also found that a deforestation ban would have a negligible impact on food prices.