IDB launches Superheroes of Development contest to recognize executing agencies

Monday, March 4, 2019 - 18:41
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

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

Monday, September 24, 2018 - 15:05
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

Bolivia to rebuild, improve Mairana-Bermejo road with IDB support

Thursday, November 16, 2017 - 19:00
A $64 million loan will help improve quality and traffic conditions, accessibility and safety of key road in the Santa Cruz Department, benefiting in particular Florida Province farmlands  Bolivia will continue to improve its road network, focusing on enhancing connectivity of its productive centers with national and international markets, by rebuilding and improving the Mairana-Bermejo segment with financing from the Inter-American Development Bank (IDB). 

IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador

Saturday, October 15, 2016 - 03:00
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.

IDB approves $100 million for rural electrification in Bolivia

Friday, September 2, 2016 - 03:00
Project to enhance transmission coverage, help poverty alleviation efforts The Inter-American Development Bank has approved a $100 million loan to help advance the living standards of Bolivia’s low-income households that lack or have only limited access to electricity by improving and expanding service coverage.

IDB Hosts Capitol Hill Event on US-Caribbean Strategic Engagement

Friday, June 17, 2016 - 21:31
US Members of Congress Recognize IDB for its Leadership on Caribbean Development On June 15, 2016, the Inter-American Development Bank (IDB) and Caribbean-Central American Action (CCAA) co-hosted an event on Capitol Hill on “Opportunities and Challenges for the United States and Caribbean Region." A highlight of this IDB-CCAA event was remarks by Representative Eliot Engel (D-NY) and Representative Ileana Ros-Lehtinen (R-FL), the lead co-sponsors of H.R. 4939, the United States-Caribbean Strategic Engagement Act (H.R.

Suriname improves governance and strengthens its energy sector with IDB loan

Wednesday, June 8, 2016 - 12:13
Project to support the development of an institutional and regulatory policy framework to enhance the nation’s energy sector and its government institutions Suriname will increase the efficiency, transparency, sustainability and accountability of its energy sector, supported by a $70 million loan approved by the Inter-American Development Bank (IDB). It will be able to provide more reliable and sustainable energy to its citizens, and in the process, will both improve the supply of electricity and foster the reduction in its reliance on fossil fuels.

IDB, CDB, CARICOM and the US Department of Energy sign MOU to support renewable energy and energy efficiency in the Caribbean

Thursday, May 5, 2016 - 03:00
Partnership will aid cleaner, cheaper, and more secure sources of energy for the Caribbean Region President Luis Alberto Moreno of the Inter-American Development Bank (IDB), President Warren Smith of the Caribbean Development Bank (CDB), Secretary Ernest Moniz of the United States Department of Energy (DOE), and Secretary General Irwin LaRocque of the Caribbean Community (CARICOM) signed a memorandum of understanding (MOU) that creates a framework for cooperation to promote programs and activities that foster the transformation of the energy sector in th

JICA and the IDB to Fund Energy and Infrastructure, Expanding their Co-financing Arrangement to $3 Billion

Saturday, April 9, 2016 - 03:00
Regional Program Will Triple Current Target and Extend Its Reach throughout the Americas NASSAU, Bahamas - Through a new agreement with the Inter-American Development Bank (IDB), the Japan International Cooperation Agency (JICA) will invest a total of $3 billion in Latin America and the Caribbean to support renewable energy and energy efficiency projects, as well as quality infrastructure projects related to energy savings.

Inter-American Development Bank committed to supporting the Caribbean’s economic growth

Friday, March 4, 2016 - 03:00
The IDB’s Caribbean Regional Governors meet in Washington, D.C. to analyze 2016 economic outlook The Inter-American Development Bank (IDB) hosted the Fifth Annual Meeting of the Governors of the Caribbean Country Department (CCB) in Washington on March 3-4. The meeting was to exchange ideas, discuss their economies, and what role the IDB can play.