IDB supports Paraguay road infrastructure and competitiveness improvement program

September 10, 2020
The Inter-American Development Bank (IDB) has approved a $215 million loan to help boost Paraguay’s competitiveness through the provision of road infrastructure suited to all weather conditions and safe, resilient, and reliable transportation services on National Route PY12 (stage I) and access roads.
2020-09-10

IDB Launches Pivot Movement to Strengthen Caribbean Innovation

September 03, 2020
The Inter-American Development Bank (IDB) has launched the Pivot Movement to harness the most innovative ideas for Caribbean development and create a plan for the future of the region. The Movement includes a crowdsourcing contest and an event. Pivot Search is the crowdsourcing platform to receive new development ideas. It runs from September 2 to September 18, with a $5000 cash prize for each of the three winners.
2020-09-03

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

MDB climate finance in low and middle-income countries reaches US$41.5 billion in 2019

August 06, 2020
THE 2019 REPORT COVERS FOR THE FIRST TIME MDBs' CLIMATE FINANCE ACROSS ALL COUNTRIES Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance.
2020-08-06

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

Infrastructure transformation will generate big windfall for Latin America and Caribbean

July 30, 2020
Infrastructure will be key to spur post-pandemic recovery New study shows how smart infrastructure investments benefit poor households the most Flagship report analyzes policy options for infrastructure that bring about climate-friendly reforms and address social expectations A new report by the Inter-American Development Bank charts a course for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficie
2020-07-30

Gender, environment and social safeguards are good for bottom line, IDB studies show

July 10, 2020
Best practices in social and environmental safeguards become more urgent during pandemic Two new studies by the Inter-American Development Bank show the positive financial impacts for investors, companies and banks that take gender, environmental and social factors into their decision-making.
2020-07-10

IDB launches second phase of consultations on Environmental and Social Policy Framework

July 06, 2020
The Inter-American Development Bank (IDB) is launching a second and final phase of public consultations for its new Environmental and Social Policy Framework on July 6, 2020 and invites all interested stakeholders to examine and comment on the revised draft of this policy framework proposal.
2020-07-06

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

IDB launches Sustainability Report focused on climate resilience

April 22, 2020
The Inter-American Development Bank (IDB) launched today its 2019 Sustainability Report with information on its integrated approach to sustainability, the footprint of greenhouse gases (GHG) of its loan portfolio and the achievements of its Corporate Sustainability Program. For the first time, the report also includes information on the systematic assessment of disaster risk and climate change from its projects.
2020-04-22