Spain makes contribution to IDB’s migration initiative

March 20, 2019
Event on migration analyzes impact on Latin America MADRID - Spain has made a $5 million contribution to help the Inter-American Development Bank (IDB) tackle urgent development challenges posed by the rise of transborder migrations in Latin America and the Caribbean. The contribution was announced at the conference Migration and Cities: The Road to Inclusive Integration held March 20, 2019 in Madrid.

Sustainable growth, infrastructure focus of IDB Annual Meeting in Chengdu, China

February 19, 2019
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Inter-American Development Bank Group to hold Annual Meeting in Chengdu, China

December 20, 2018
Online media registration is available for March 26-31 gathering of Latin American and Caribbean leaders Spotlight on small and mid-sized firms, green financing, sustainable infrastructure investing The Inter-American Development Bank Group will hold its Annual Meeting in Chengdu, China, on March 26-31.

Millennials have potential that Latin America and Caribbean must not squander, says study

November 22, 2018
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

October 13, 2018
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

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.

Committees of the Boards of Governors of IDB and IIC back advancing towards MIF replenishment

October 06, 2016
The Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) met in Washington DC today to discuss a report on the strategic vision and future financing of the Multilateral Investment Fund (MIF). The IDB and IIC Governors requested the preparation of this report during their Annual Meeting held in March in The Bahamas. The Multilateral Investment Fund is an innovation lab for the IDB Group to promote development through the private sector in Latin America and the Caribbean.

Chile to expand use of non-conventional renewable energy sources with IDB support

December 22, 2014
Arica 1 and Los Loros photovoltaic (PV) plants will eliminate an estimated 111,000 tons of greenhouse gas emissions annually Chile will expand the use of renewable resources to substitute for fossil fuel generation to meet the energy needs of its mining industry with two loans from the Inter-American Development Bank (IDB) of $27.7 million for the Arica 1 project and $25.7 million for the Los Loros project. Both projects will sell energy to the spot markets.

China to provide $2 billion for Latin America and the Caribbean Co-financing Fund

March 16, 2013
First of its kind, the IDB-managed Fund will provide valuable additional resources for key public and private sector development projects The Inter-American Development Bank (IDB) and the People's Bank of China (PBC) approved the China Co-financing Fund for Latin America and the Caribbean to support public and private sector projects that promote sustainable economic growth in the region.

IDB approves $153 million in loans to set up IDB-China Eximbank Equity Investment Platform

November 29, 2012
The Inter-American Development Bank (IDB) has approved as much as $153 million in loans for the establishment of a new equity investment platform for Latin America and the Caribbean in partnership with the Export-Import Bank of China (China Exim).