October 17, 2019
A new donation of $2.2 million by Norway to transparency and integrity through a three-year contribution to support institutional and regulatory reform for the region The Transparency Fund is the main tool of the Inter-American Development Bank’s (IDB) to support its member countries in developing and implementing transparency and integrity reforms. The Government of Norway is one of the founding members of the (IDB) Transparency Fund (AAF).
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.
March 04, 2019
January 30, 2019
The Government of Norway has contributed to the Inter-American Development Bank’s (IDB) Transparency Fund since its inception in 2007, to help countries curb corruption and implement pro-transparency reforms in Latin America and the Caribbean (LAC). In 2018, the government of Norway donated an additional $1,1 million.
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
Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support
November 23, 2017
The Inter-American Development Bank (IDB) has approved a multiple-works investment loan in the amount of US$276.05 million to Centrais Elétricas de Santa Catarina–Distribuição S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina. The program’s overall objective is to help boost productivity throughout the state of Santa Catarina by providing a higher quality and more reliable supply of electric power.
Argentina and Chile get $280 million in IDB loans for first stage of the Agua Negra international tunnel
October 18, 2017
A $130 million loan for Argentina and a $150 million loan for Chile, expandable to a total $1.5 billion, will help both countries begin construction of new cross-border tunnel The Inter-American Development Bank (IDB) has approved two loans totaling $280 million –$130 million for Argentina and $150 million for Chile– to help start the construction of the Agua Negra tunnel connecting the two neighboring nations.
August 14, 2017
The Inter-American Investment Corporation (IIC), the private sector arm of the Inter-American Development Bank Group, closed a $135 million project finance loan to Aela Energía for the construction, operation and maintenance of three wind projects located in the Atacama, Los Lagos and Bio-Bio regions of Chile.
May 16, 2017
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has signed a financing package of US$18.5 million with Itelecom to upgrade public roadway lighting systems to high efficiency LED technology in eight municipalities in Chile.
December 12, 2016
A loan of $40 million will allow the two countries to structure the project and finance the final designs of this cross-border tunnel The Inter-American Development Bank (IDB) has approved a $40 million loan that will allow for bidding to begin for the Agua Negra tunnel, which will connect San Juan province in Argentina with that of Coquimbo in Chile.