Norway renews its commitment to the IDB transparency fund

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).

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.

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.

Norway confirms long-lasting support to IDB Transparency Fund

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.

IDB and CDB to expand the Sustainable Energy Facility (SEF) for the Eastern Caribbean

December 17, 2018
US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations.  It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

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.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Latin America needs microeconomic reforms to expand its middle class, Bill Clinton says

June 13, 2006
Latin America should carry out microeconomic reforms to clear the path for more poor people to join the middle class, instead of locking itself in a debate over fiscal discipline and social spending, former U.S. president Bill Clinton said today. In a public dialogue with the president of the Inter-American Development Bank, Luis Alberto Moreno, Clinton also commented on current issues such as immigration, alternative energy sources, climate change and the fight against AIDS.

“Dead capital” in 12 Latin American countries worth $1.2 trillion, according to report

June 12, 2006
Dwellings, rural properties and businesses in the informal or “extralegal” sector of 12 Latin American countries are worth more than $1.2 trillion, according to a report presented today at a conference at the Inter-American Development Bank. IDB President Luis Alberto Moreno said the study on informality in Latin America and the Caribbean, together with other research on poverty conducted or sponsored by the Bank, will help guide a new development initiative, Building Opportunity for the Majority.

IDB launches initiative to generate economic opportunities for majority in Latin America and the Caribbean

June 06, 2006
Inter-American Development Bank President Luis Alberto Moreno today unveiled an initiative aimed at generating economic opportunities for low-income people in Latin America and the Caribbean, who make up a majority of the region’s population. In a briefing held at the IDB’s headquarters in Washington, D.C. and transmitted to field offices across the region, Moreno explained that the Building Opportunities for the Majority initiative will seek innovative solutions to help low-income people develop their economic potential and accumulate assets.