World Water Week 2020: the IDB leads the Focus on Latin America and the Caribbean

August 25, 2020
The IDB leads the Focus on Latin America and the Caribbean at the most important global meeting of the water and sanitation sector, with a call to mitigate the effects of change climate The World Water Week, sponsored by the Stockholm International Water Institute, the most important global meeting of the year for the water and sanitation sector, began with a call to take concrete and decisive actions to mitigate the effects of climate change and its consequences on the availability of water resources for the present and the future.
2020-08-25

IDB supports housing, urban development and COVID-19 response in Trinidad and Tobago

August 17, 2020
PORT OF SPAIN, Trinidad and Tobago – The Government of Trinidad and Tobago signed two loan agreements with a combined total of US$150 million with the Inter-American Development Bank (IDB) to improve housing conditions, invest in urban transformation and respond to the impact of COVID-19. A US$50 million investment loan will support the enhancement of living conditions for low-income households and invest in urban spaces as part of a strategy to foster more sustainable development.
2020-08-17

IDB, CAF, FONPLATA launch alliance for regional integration

August 03, 2020
The Inter-American Development Bank (IDB), CAF –development bank of Latin America–, and FONPLATA announced the launching of their Alliance for the Integration and Development of Latin America and the Caribbean (ILAT) to provide technical and financial support to integration projects and generate knowledge and applied technology.
2020-08-03

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

Trinidad and Tobago to strengthen public health and economic response against COVID-19

July 01, 2020
The Inter-American Development Bank’s (IDB) Board of Executive Directors has approved a US$100 million loan to help Trinidad and Tobago finance its public health response against the COVID-19 crisis and implement fiscal and financial measures to offset the negative impact of the pandemic on its economy and the lives of its citizens.
2020-07-01

IDB expands coverage for COVID-19 and public health risks in contingent loans

June 09, 2020
The Inter-American Development Bank (IDB) is expanding the risks covered under the Contingent Credit Facility for Natural Disaster Emergencies (CCF) to include public health risks and COVID-19.
2020-06-09

Ecuador moves ahead in transformation of energy grid with IDB support

June 05, 2020
IDB loan is one of a series supporting energy sector reform to reduce use of fossil fuels The Inter-American Development Bank approved a $280 million loan to Ecuador to support transformation of its its enery grid, improvements in energy efficiency and promotion of access to electricity generated from renewable sources.
2020-06-05

Latin America and Caribbean: Tax revenue under threat amid deteriorating regional outlook

May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
2020-05-07

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26