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.

IDB supports program in Paraguay to modernize the Acaray hydroelectric power plant

Thursday, November 29, 2018 - 16:44
Plan will extend the working life of the only wholly state-owned dam in Paraguay and boost its availability, reliability and generating capacity   The Inter-American Development Bank (IDB) has approved $125 million in financing requested by Paraguay in support of a program to upgrade and modernize Acaray, the country's only 100 percent state-owned hydroelectric power plant, which was built with IDB support and is almost 50 years old.  

Paraguay to promote private sector investments in energy efficiency with IDB support

Thursday, July 26, 2018 - 11:48
The $20 million loan with Green Climate Fund resources will scale up the small and medium enterprises investments in energy efficiency in the industrial sector Paraguay will promote improved long-term productivity and energy efficiency investments by Small and Medium Enterprises (SMEs), with a $20 million loan approved by the Inter-American Development Bank (IDB).

Paraguay to boost availability and quality of agricultural data with support from IDB

Friday, December 1, 2017 - 19:00
Plan will facilitate decision-making for public- and private-sector actors, benefit 300,000 farmers and others in the agricultural chain Paraguay aims to enhance the availability and quality of agricultural data to support decision-making by public- and private-sector actors, with the help of a $15 million loan approved by the Inter-American Development Bank. The project will finance implementation of the census system and farming surveys. Agriculture is a key sector of the Paraguayan economy, accounting for 25% of GDP, 30% of all jobs and 60% of exports.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Inter-American Development Bank to promote soybean industrialization in Paraguay

Tuesday, November 18, 2014 - 03:00
Loan of $94.7 million supports the industrialization and competitiveness of Paraguay’s agribusiness sector The Inter-American Development Bank (IDB) signed a $94.7 million loan to support the industrialization of Paraguay’s soybean complex through financing of CAIASA, a new soybean crushing plant, which will be the largest in country.

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 closes $3.6 million syndicated loan to provide access to finance for smallholder farmers

Tuesday, July 5, 2011 - 03:00
As many as 10,000 small farmers in nine countries to benefit from IDB loan to FOPEPRO The Inter-American Development Bank (IDB) has closed a $3.6 million loan to provide access to finance for smallholder producer groups and farmers associations in nine Latin American countries through a loan to the “Fund for Small Rural Producers in Latin America” or “Fondo para los Pequeños Productores Rurales en América Latina (FOPEPRO)."

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.