IDB seeks to renew Central America development agenda for the next decade

February 20, 2020
The 34th meeting of governors of Central American and the Dominican Republic, to be held in El Salvador, will debate the region's new development challenges and how to address them Governors of Inter-American Development Bank member countries from Central America and the Dominican Republic will gather February 21-22 in San Salvador, the capital of El Salvador, for their 34th annual meeting to address the challenges that the region faces in this new decade.

The Bahamas to promote renewable energy with IDB support

January 29, 2020
The Inter-American Development Bank (IDB) approved a US$ 170 million Conditional Credit Line for Investment Project (CCLIP) to advance deployment of renewable energy in The Bahamas along with the first operation of the CCLIP in the amount of US$ 80 million. This first operation will support the Government of the Bahamas with rehabilitation of critical energy infrastructure and restoration of electricity service in the islands affected by hurricane Dorian, while facilitating the introduction of renewable energy.

New Study Reveals Women Entrepreneurs in STEM in LAC are on the Rise

January 23, 2020
The study commissioned by the IDB Lab also shows that 54% of women entrepreneurs in STEM have raised capital Women entrepreneurs in science, technology, engineering and mathematics are on the rise in Latin America and the Caribbean, with 54% successfully raising angel or venture capital and almost 80% planning on scaling up their company internationally in the next five years, according to the new study “wX Insights 2020: The Rise

Ecuador issues world's first Sovereign Social Bond, with the support of an IDB guarantee

January 16, 2020
The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.

IDB Launches Public Consultations for new Environmental and Social Policy Framework

January 14, 2020
The Inter-American Development Bank (IDB) today launched the public consultation process for a new Environmental and Social Policy Framework. The draft policy framework under consultation is a key element of a broader modernization process aimed at strengthening the environmental and social sustainability of IDB’s operations and allowing for a more effective response to the challenges faced by Latin American and Caribbean countries seeking sustainable growth.

Suriname to increase the electricity coverage in rural areas with IDB support

December 23, 2019
The project will also help consolidate the energy reform and contribute to the diversification of the energy matrix. The Inter-American Development Bank approved a US$ 30 million investment loan to Suriname to support adequate and modern access to sustainable electricity to enhance the living conditions for rural populations while improving the rural business environment with better provision of electricity as a public service.

Mexico will strengthen its territorial and urban planning with IDB support

December 18, 2019
Mexico will continue its urban development and territorial planning reforms with a loan from the Inter-American Development Bank (IDB) that is part of a programmatic series in support of policy reforms.

Inter-American Development Bank to hold Annual Meeting in Barranquilla, Colombia

December 17, 2019
Online media registration is available for March 18-22 gathering of Latin American and Caribbean leaders The Inter-American Development Bank and IDB Invest will hold its Annual Meeting in Barranquilla, Colombia on March 18-22, with economic and financial leaders from its 48 member countries looking to make economic growth mor

IDB approves three operations for Honduras totaling US$134.7 million

December 12, 2019
Digital transformation, rural and productive development programs in the Dry Corridor, and improvement of the climatic resilience of forests will be financed through loans and donations Digital transformation for increased competitiveness

Reducing Trade Costs Could Increase commerce with Asia by US$69 billion: IDB Report

December 09, 2019
Exports from Latin America and the Caribbean to Asia could grow 27 percent in the medium term if trade costs associated with tariffs, transportation, and logistics are reduced, according to a new report from the Inter-American Development Bank.