The Government of France becomes founding donor of the IDB´s Natural Capital Lab

December 02, 2019
The Government of the France will contribute €24 million to the Natural Capital Lab of the Inter-American Development Bank, becoming its founding donor. France´s Secretary of State to the Minister for the Ecological and Inclusive Transition, Brune Poirson, and IDB President Luis Alberto Moreno today signed the establishment of the initiative on the sidelines of Chile COP25 in Madrid, Spain.

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

August 29, 2018
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

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.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
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.

Scholars stress great integration potential between India and Latin America

July 27, 2010
The Inter-American Development Bank (IDB) unveiled today a new study calling for India and Latin America to foster closer economic ties in order to tap into  “massive” trade and investment opportunities between these two distant partners.

IDB Board of Governors receives General Capital Increase document for formal vote

May 21, 2010
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.

IDB sees turning point in remittances to Latin America and the Caribbean

May 06, 2010
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.  

IDB: It is imperative that trade continues to flow in the region to mitigate crisis

May 07, 2009
MONTEGO BAY, Jamaica – IDB President Luis Alberto Moreno and Director-General of the World Trade Organization Pascal Lamy warned against protectionism at the Second Regional Review on Aid for Trade (AfT) for Latin America and the Caribbean. “The integration of our hemisphere has proven to be one of the most powerful engines of economic growth and human and social development,” said Moreno during the opening session of the AfT conference being held today and tomorrow in Montego Bay, Jamaica.

Juscelino Kubitschek Award receives nominations from 144 institutions

April 20, 2009
The first Juscelino Kubitschek Award, created by the Inter-American Development Bank (IDB) to recognize institutions that have made a significant contribution to social and economic development in Latin America and the Caribbean, has drawn nominations from 144 organizations in the Americas and Europe.

IDB welcomes Banco Agrícola as issuing and confirming Bank under its Trade Finance Facilitation Program (TFFP)

April 06, 2009
The Inter-American Development Bank (IDB) announced today that Banco Agrícola of El Salvador joined the IDB’s Trade Finance Facilitation Program (TFFP). Under the TFFP, the IDB extends guarantees to cover letters of credit, promissory notes, bid bonds, performance bonds, advance payment bonds and other instruments used in international trade transactions. The TFFP can help Banco Agrícola to further increase its trade finance business and to take advantage of the TFFP’s countercyclical effects during times of volatility in trade finance flows. TFFP