Suriname to increase the electricity coverage in rural areas with IDB support

December 23, 2019
The project will also help consolidate the energy reform and contribute to the diversification of the energy matrix. The Inter-American Development Bank approved a US$ 30 million investment loan to Suriname to support adequate and modern access to sustainable electricity to enhance the living conditions for rural populations while improving the rural business environment with better provision of electricity as a public service.

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB Lab, CIAT and SoftBank partner to promote smart rice farming in Colombia

October 28, 2019
The Inter-American Development Bank, through its innovation lab – IDB Lab, approved US$2 million funding for a project that will improve the productivity and sustainability of rice farming in Colombia The project, led by the International Center for Tropical Agriculture (CIAT), will implement a new technological solution called “e-kakashi,” a service that combines internet of things (IoT), big data, artificial intelligence (AI) and cyber physical systems (CPS) to transform agriculture into a real-time, data-driven science.

IDB launches Superheroes of Development contest to recognize executing agencies

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.

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

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).

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.

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

November 07, 2017
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).

IDB Convenes Caribbean Agricultural Policy Forum in Suriname

July 27, 2017
PARAMARIBO, Suriname – On July 25, 2017, the Ministers of Agriculture of Suriname, Guyana, Haiti, and the Dominican Republic, as well as representatives of the Ministries of Agriculture of Jamaica, Belize, Barbados and The Bahamas participated in the Caribbean Agricultural Policy Forum organized by the Inter-American Development Bank (IDB).

Suriname to boost agriculture sector’s competitiveness with IDB loan

June 20, 2017
Suriname will improve its agricultural sector’s competitiveness and raise rural incomes and exports with a US$17.5 million loan approved by the Inter-American Development Bank (IDB). The farming industry is Suriname’s second largest export sector after mining, accounting for 7 percent of total export revenues. It employs 16 percent of the labor force and contributes 9 percent of the country’s Gross Domestic Product.

Suriname improves governance and strengthens its energy sector with IDB loan

June 08, 2016
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.