IDB supports private participation arrangements in Colombia’s infrastructure

June 10, 2021
The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing and foster conditions conducive to economic recovery following the COVID-19 pandemic. The operation seeks to consolidate the government’s capacity to promote private participation arrangements in economic and social sectors given the new scenario of budgetary and financing constraints for the expansion of Colombia’s infrastructure.
2021-06-10

Guatemala will contribute to mitigate climate change with efficient use of firewood

June 04, 2021
The program, financed by an IDB grant, will benefit 225,000 homes in rural and indigenous communities throughout the country. The Inter-American Development Bank (IDB) has approved US$12.98 million in nonreimbursable financing to help Guatemala lessen greenhouse gas emissions in the energy sector through reductions in consumption and efficient use of firewood. 
2021-06-04

IDB and French Development Agency Highlight $4 Billion in Joint Projects Since 2018

May 06, 2021
The Inter-American Development Bank (IDB) and the French Development Agency (AFD) Group gathered virtually for their fifth Deep Dive Meeting. The Deep Dive explored new opportunities for expanded collaboration and celebrated the partnerships’ achievements to date.  Since signing a framework agreement in 2018, the two partners largely surpassed the outlined target of $1 billion in co-financing.
2021-05-06

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

Build the Americas, a new tool to incentivize greater competition in infrastructure bids

March 17, 2021
The Inter-American Development Bank today launched Build the Americas, a mobile application designed to increase transparency and competition in the bidding process for infrastructure projects it finances in Latin America and the Caribbean. The app provides access to information on upcoming IDB-financed procurements in sectors such as energy, transportation, and water and sanitation, while facilitating the connection between infrastructure developers and local suppliers of goods and services.
2021-03-17

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 Launches Infrastructure Data Observatories

September 24, 2020
The energy, transport, and water and sanitation observatories will increase the availability of reliable data in Latin America and the Caribbean The Inter-American Development Bank (IDB) will launch three data observatories to plan infrastructure investments and speed up development in Latin America and the Caribbean. The observatories, jointly developed with other international partners, will provide access to reliable and up-to-date data in the water and sanitation, energy, and transportation sectors.
2020-09-24

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

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