IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “Vision 2025” agenda for recovery and sustainable economi
2021-03-21

IDB To Approve $1.25 Billion in Operations for Colombia in 2021

March 19, 2021
Funds will help speed up country’s sustainable economic recovery BARRANQUILLA, Colombia - At its 2021 Annual Meeting, the Inter-American Development Bank (IDB) signed a commitment with the government of Colombia to provide the country with $1.25 billion in assistance in 2021. The funding will contribute to Colombia’s sustainable and inclusive economic recovery.
2021-03-19

IDB announces Build Forward initiative to advance technology and resilience in Caribbean

February 25, 2021
Effort includes multi-donor facility expected to mobilize $1.5 billion The Caribbean Governors of the Inter-American Development Bank backed Build Forward, a $3.5 billion multi-year program to help Caribbean countries sustainably recover while making technological leaps that will bring about a transformational future.
2021-02-25

IDB and USAID Announce $2 Million in Awards to Support Venezuelans

October 21, 2020
The awards are for employment, job creation and financial services to support Venezuelans
2020-10-21

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 supports urban upgrading and revitalization program in Trinidad and Tobago

June 15, 2020
IDB LOAN TO SUPPORT THE ENHANCEMENT OF HOUSING CONDITIONS FOR LOW-INCOME HOUSEHOLDS AND THE TRANSFORMATION OF THE COUNTRY’S URBAN SPACES The Inter-American Development Bank (IDB) approved US$50 million in loan resources to support Trinidad and Tobago’s effort towards improving the living conditions of low-income households and investing in urban spaces as part of a strategy to foster more sustainable development.
2020-06-15

CARPHA receiving additional support to fight COVID-19

May 15, 2020
The Inter-American Development Bank (IDB) has approved a US$750,000 (TT$5.1 million) grant to support the Caribbean Public Health Agency (CARPHA) in the coordination of the regional health response to the coronavirus (COVID-19) pandemic. The grant is being financed by the IDB Japan Special Fund which was first established in 1988 by the Government of Japan to foster social and economic growth throughout the IDB’s borrowing member countries.
2020-05-15

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.
2020-01-16

IDB Lab, CIAT and SoftBank partner to promote smart rice farming in Colombia

October 28, 2019
The Inter-American Development Bank, through its innovation lab – IDB Lab, approved US$2 million funding for a project that will improve the productivity and sustainability of rice farming in Colombia The project, led by the International Center for Tropical Agriculture (CIAT), will implement a new technological solution called “e-kakashi,” a service that combines internet of things (IoT), big data, artificial intelligence (AI) and cyber physical systems (CPS) to transform agriculture into a real-time, data-driven science.
2019-10-28

IDB launches coalition to promote cross-cutting skills in the 21st century

October 21, 2019
Today, the Inter-American Development Bank (IDB), together with 22 partners from the public and private sector, announced the launch of a 21st century skills coalition that will support the implementation of a new generation of education and training policies in Latin America and the Caribbean. This coalition will provide more than US$34.7 million in funding to support projects that will promote these skills among children and youth in the region.
2019-10-21