IDB Annual Meeting Concludes with Institutional Strategy Update

Wednesday, July 17, 2019 - 17:54
• IDB estimates annual gap in development financing for Latin America and the Caribbean is US$650 billion. • Region’s private sector, crisis in Venezuela and macroeconomic challenges among topics of discussion. GUAYAQUIL, Ecuador – The 60th Annual Meeting of the Inter-American Development Bank (IDB) and IDB Invest concluded today in Guayaquil, Ecuador, with the approval of an updated institutional strategy for 2020-2023 that is intended to increase resource mobilization.

60th Annual Meeting of IDB Group to Convene Economic Leaders

Tuesday, June 4, 2019 - 14:58
The Inter-American Development Bank (IDB) Group will hold its Annual Meeting in Guayaquil, Ecuador from July 16 to 17. The economic and financial leaders of its 48 member countries will discuss current challenges and opportunities for development in the region. The Annual Meeting is the 60th annual gathering of the Board of Governors of the IDB Group, the institution’s main decision-making body. The Board is primarily composed of finance ministers, economics ministers, and central bank presidents.

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

Tuesday, May 7, 2019 - 13:22
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

Quality expenditure and digitalization, priorities for Central America, Dominican Republic

Friday, February 15, 2019 - 23:41
The IDB brings regional Governors to its Washington, D.C. headquarters to consider policy options to speed up growth and reduce poverty The Governors of the Inter-American Development Bank’s (IDB), Central American Isthmus and the Dominican Republic held their 33rd Annual Meeting to discuss options to achieve higher growth rates and foster productive activities in the years to come. The region grew 3.8 percent in 2018, way above the 1.1 percent average for Latin America and the Caribbean as a whole. In addition, it is expected to grow 4.2 percent in 2019.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

Wednesday, January 16, 2019 - 10:27
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

IDB launches report detailing steps to help avoid social conflicts

Monday, September 10, 2018 - 16:02
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

IDB's Multilateral Investment Fund supports CoreCo Central America I L.P. Fund

Tuesday, December 21, 2010 - 03:00
The Multilateral Investment Fund (MIF) the Inter-American Development Bank's private-sector arm that promotes opportunity for small and microenterprises, has committed up to $5.5 million to the fund CoreCo Central America I L.P. (“CoreCo”), which will invest in small and medium-sized businesses (SMEs) in Central America. 

IDB launches LEED Financing Facility for the construction of green hotels in Central America, Mexico and the Caribbean

Tuesday, December 14, 2010 - 03:00
The Inter-American Development Bank (IDB) approved a master financing facility of up to $42 million in long-term IDB loans to finance up to eight Marriott-hotels to be developed by Caribe Hospitality S.A. in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico that will meet world-class environmental and sustainability standards.

Finance for Climate Action Reaching People Who Need It

Wednesday, December 8, 2010 - 03:00
CANCUN, MEXICO – From the world’s largest solar power program in North Africa to the greening of Mexico’s buses, more than 40 developing countries have now undertaken climate action with the support of the six billion dollar Climate Investment Funds (CIF). Joined today in Cancun by President Felipe Calderon of Mexico, the multilateral development bank (MDB) presidents heralded the two year old Funds as a path-breaking climate partnership.

In COP16, President Moreno backs creation of Green Fund

Wednesday, December 8, 2010 - 03:00
The President of the IDB also noted that “CO2 is linked to H2O” in a speech on climate change and water in Latin America and the Caribbean Moreno underscored the importance of energy efficiency The President of the Inter-American Development Bank Luis Alberto Moreno on Dec.