Monday, August 26, 2019 - 18:08
Wednesday, June 12, 2019 - 00:28
The IDB-FEMSA Awards to innovation on water and sanitation are reaching their tenth anniversary in 2019 and will be celebrating the occasion with a special edition that calls on those who have innovative solutions to compete for a special prize. First, second, and third place winners of the IDB-FEMSA Awards will receive $15,000, $10,000 and $5,000 in cash, respectively. This year will also feature a special category called “All stars,” where prior editions finalists will compete for a one-time cash prize of $15,000.
Tuesday, October 16, 2018 - 23:11
#SinDesperdicio will focus on four areas of activity: innovation, public policies, knowledge, and behavior, leveraging the efforts of the private sector, civil society and governments in the region Latin America and the Caribbean (LAC) loses or wastes more than 127 million tons of food a year—an annual average of 223 kilos per person in a region where nearly 42 million people suffer from acute undernutrition (hunger).
Monday, September 24, 2018 - 15:05
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
Monday, August 27, 2018 - 15:54
The Inter-American Development Bank (IDB) is coordinating the Latin America and the Caribbean sessions during World Water Week in Sweden’s capital, with a focus on the need to adopt nature-based solutions to address the current and future demand for water resources in the region. STOCKHOLM, Sweden – Latin America and the Caribbean needs to progress towards a wiser combination of green and traditional infrastructure to satisfy the water needs of the 21st century.
Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support
Thursday, November 23, 2017 - 19:00
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.
Thursday, August 3, 2017 - 16:56
The Inter-American Investment Corporation (IIC), the private sector arm of the IDB Group, has closed on a landmark 19.5 years amortizing B-bond for US$135.8 million to finance the operation of the 70 MW Uruguayan wind farm Campo Palomas. The project is developed by Invenergy, a global leader in renewable energy projects. The transaction marks the first B-bond issued in connection with an IIC A loan and the second such structure deployed by the IDB Group – the first one being the IDB’s Reventazon Hydroelectric Plant in Costa Rica.
Tuesday, July 18, 2017 - 03:00
The Inter-American Investment Corporation (IIC), the private sector arm of the IDB Group, signed a US$56 million senior A-loan and a US$25 million B-loan from BBVA to Difebal S.A, a special purpose vehicle fully owned by Terna, the largest transmission system operator in Europe.
Thursday, May 11, 2017 - 03:00
The Inter-American Investment Corporation (IIC) continues to support energy generation from renewable sources in Uruguay with the approval of a $56 million financing package for a 500 Kv transmission line between the cities of Melo and Tacuarembó. The project will expand the electricity network enabling the integration of renewable energy into the grid.
Tuesday, May 2, 2017 - 03:00
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has disbursed a US$120 million financing package to Areaflin, S.A. to support the construction, operation, and maintenance of the Valentines Wind Farm in Uruguay. The 70 MW project will provide clean energy to over 100,000 Uruguayans at cheaper rates than fossil-fuel based alternatives. It will generate approximately 311.4 GWh of renewable energy per year and will reduce annual emissions by approximately 187,726 tons of CO2e.