IDB ramps up financing for green projects in Latin America and the Caribbean

March 16, 2012
Participate in Twitter using #IDBmtg Bank approved record $736 million in loans last year for private sector projects in renewable energy and energy efficiency The Inter-American Development Bank (IDB) is ramping up lending for private sector projects related to renewable energy and energy efficiency to help bridge the gap for long-term financing for green investments in Latin America and the Caribbean.

Tourism on the rise

November 01, 2011
Since 1994, the IDB has contributed to the creation of more than one million jobs by providing support during the different stages of the Tourism Development Program (PRODETUR) The Inter-American Development Bank has made important contributions to the development of Brazil’s tourism industry since 2004 with its support for the Northeast Tourism Development Program (PRODETUR Nordeste I).

How to make energy efficient blue jeans

July 06, 2011
IDB financing for renewable energy paves the way for denim maker in Ecuador to boost output while cutting energy costs One of the oldest traditional textile manufacturers in Ecuador, La Internacional S.A., is not only looking for the latest trends in denim fashion, but also looking for ways to become more competitive and grow in a sustainable way.

Showing how solar power could work for Brazil

May 26, 2011
IDB grant to provide electricity for 1,500 homes and roadmap to spark investment in solar power in Latin America and the Caribbean With the rise in energy demand in Latin America and Caribbean over the last decade and growing pressure to tackle climate change related issues, countries in the region are looking to solar and other renewable energies.

The IDB and the 2014 World Cup cities

April 25, 2011
Integrated urban development and social programs in Brazil The Inter-American Development Bank (IDB) has had a long relationship with the 12 Brazilian cities that will host the World Cup in 2014. From 2000 to the date of the event, these cities will have received Bank investments of more than $10 billion. This partnership between the IDB and Brazil includes initiatives in urban development, transportation, sanitation, housing, and social programs.

The IDB in Brazil at a glance

April 25, 2011
Highlights: support for the World Cup cities, environmental conservation, and infrastructure Brazil is one of the IDB’s founding member countries. Since 1961, the Bank has approved $40 billion in loans and guarantees for Brazil that have helped fund projects costing more than $110 billion. These projects, in the areas of ​​infrastructure, environment, institutional strengthening, and poverty reduction, have been carried out in close cooperation with all levels of government, civil society, and the private sector.

IDB backs large infrastructure and natural resource projects in Latin America and the Caribbean

March 25, 2011
$5.4 billion in financing mobilized in the past four years for the region The Inter-American Development Bank (IDB) has provided $2.6 billion in loans to finance key private sector infrastructure and natural resource projects in Latin America and the Caribbean over the past four years and it has mobilized another $2.8 billion in financing for the region through its syndication program.

Mesoamerica renews push towards integration

October 25, 2010
The presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, Colombia and the Dominican Republic will meet tomorrow, Oct. 26, in Cartagena, Colombia at the XII Summit of the Tuxtla Mechanism for Dialogue and Coordination. The heads of state will be informed of the progress made by the Mesoamerica Project in terms of regional integration and will decide further courses of action.

Central America's integration is in full swing

July 21, 2010
In late July, the first substation of the Central American Electrical Interconnection System (SIEPAC) is opening in Costa Rica. A week later, the substation in Panama will be ready to operate. Towers, lines and cables are already in place, so the southern section of the nascent Central American electricity market will soon be a reality. PAC53 - Road from La Chorrera to Arraijan, in Panama.

The IDB, a partner of Colombia in development

March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.