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).
July 20, 2011
$190 million IDB loan for program to reach fivemillion rural producers The Inter-American Development Bank today approved a $190 million loan to Mexico to promote sustainable increases in agriculture and fisheries productivity. The Mexican government, through its Department of Agriculture (SAGARPA, for its Spanish acronym), will contribute $74.4 million, bringing the total investments to $264.4 million and benefitting around five million rural producers.
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.
Agricultural revenues, employment in Latin American tropical areas likely to decline with deforestation ban
January 28, 2011
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.
August 16, 2010
Small sunflower producers in Mexico will obtain up to 2,000 microloans from Agrofinanzas S.A., a local financial institution, with support from a partial credit guarantee of up to US$5 million from the Inter-American Development Bank (IDB). The operation is part of a supply chain project, which includes the commitment of the food & beverage company PepsiCo Mexico to purchase the production of sunflower oil produced by the network of small farmers.
September 09, 2009
The Inter-American Development Bank has approved a conditional credit line to support rural areas in Mexico, along with a first operation for $750 million for the operation of an enhanced farmers income transfer program (Programa de Apoyos Directos al Campo, PROCAMPO). The approved credit line totals $2.5 billion and it includes two other individual loans to be approved in coming years.
March 31, 2009
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.
March 30, 2009
Second and last day of official sessions of the Annual Meeting of the Board of Governors of the Inter-American Development Bank, at the Plaza Mayor Convention Center. Representatives of the 48 member-countries are discussing during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region. In the evening, after the closing session, a socio-cultural event with artist Carlinhos Brown will take place at the Metropolitan Theater. 9:00 a.m. - 1:00 p.m.
March 30, 2009
MEDELLÍN, Colombia – The Board of Governors of the Inter-American Development Bank (IDB) today instructed the Bank’s management to “start immediately” to review the need for an increase in its ordinary capital, which currently stands at $101 billion, and a replenishment of its concessional lending window, the Fund for Special Operations.
March 30, 2009
MEDELLÍN, Colombia – The Inter-American Development Bank today closed the 50th annual meeting of its Board of Governors, starting a review process for a capital increase in light of the challenges posed by the global economic crisis on Latin America and the Caribbean. The Board of Governors, the Bank’s top policy-making body, brings together representatives from the 48 member countries of the IDB, the leading source of long-term lending for this region.