Search News
IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean
February 24, 2017
The deadline for accepting proposals is April 26th, 2017
The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.
The IDB, a partner of Colombia in development
March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia.
Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.
IDB and Energy
March 27, 2008
The Inter-American Development Bank’s energy portfolio includes a wide array of investments aimed at improving the energy security of its member countries by exploiting both conventional and renewable sources.
In 2007 the Bank approved US$2.5 billion in energy-related operations. Many of these loans will support high-priority gas and electricity infrastructure projects. For example, the IDB approved:
A US$32.7 million loan for a wide-ranging investment program to strengthen Nicaragua’s electricity system.
IDB in Brief
March 24, 2008
The Inter-American Development Bank was created in 1959 to help accelerate the economic and social development of its member countries in Latin America and the Caribbean and to promote regional integration.
The Bank has 47 member countries: 28 in the Western Hemisphere, 16 in Europe, as well as Israel, Japan and the Republic of Korea. The Latin American and Caribbean countries as a group hold half the shares in the institution.
IDB and Infrastructure
March 24, 2008
The Inter-American Development Bank, the main source of multilateral development financing for Latin America and the Caribbean, plans to allocate US$12 billion for infrastructure projects in the region by 2010.