IDB announces winner of the 2019 Superheroes of Development Award

September 16, 2019
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

Study analyzes challenges faced by Central America as it seeks sustainable development

July 19, 2019
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

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.

Guatemala to improve and rehabilitate the national road network with IDB support

February 07, 2019
A US$150 MILLION OPERATION WILL CONTRIBUTE TO INCREASE PRODUCTIVITY THROUGH THE IMPROVEMENT OF THE COUNTRY’S ROADS The Inter-American Development Bank approved a US$150 million operation to Guatemala to implement an ambitious improvement and rehabilitation program of the roads connecting productive areas and departmental capitals to the main networks.

Honduras to boost competitiveness of logistics and transport sector with support from IDB

October 17, 2018
LOAN OF $90 MILLION AIMS FOR IMPROVEMENTS IN LOGISTICAL PERFORMANCE THROUGH AN AMBITIOUS REFORM PROGRAM The Inter-American Development Bank (IDB) has approved a $90 million loan for Honduras to implement an ambitious program of reforms in the transport and freight logistics sector, with the goal strengthening the country’s competitiveness and regional integration through improved logistics.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

Bogota to improve public transportation system with IDB financial support

August 01, 2018
The Inter-American Development Bank (IDB) has approved a $600 million conditional credit line for investment projects that includes a $70 million loan to build Bogota’s First Metro Liner (PLMB, after its Spanish initials) – Segment 1.

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

December 11, 2017
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

Colombia to improve sustainable energy system with IDB support

November 30, 2017
A $300 million loan will boost power supply safety and efficiency and promote the use of clean energy sources, benefiting users throughout the country  Colombia will enhance its energy sector’s sustainability and efficiency with a $300 million loan approved by the Inter-American Development Bank (IDB).