March 04, 2019
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.
December 17, 2018
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).
November 29, 2018
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.
September 24, 2018
The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility, which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to contribute to the sustainable management of oceans, marine ecosystems and coastal resources.
August 09, 2018
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.
July 26, 2018
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).
December 07, 2016
Plan will broaden housing loans for the emerging middle class and finance developers of multi-family projects Paraguay will facilitate financing for construction and access to housing with the help of a $30 million loan approved by the Inter-American Development Bank (IDB).
Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB
December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.
October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.
Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname
April 15, 2016
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.