IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

$285M contingent loan from the IDB helps Jamaica get disaster ready

October 24, 2018
THE NEXT TIME A NATURAL DISASTER STRIKES, JAMAICA WILL BE BETTER PREPARED A $285 million contingent loan from the Inter-American Development Bank (IDB) will bolster the nation’s response efforts and help protect its public purse.

Finance Ministers of more than 30 countries and high officials of multilateral organizations to meet Oct. 11 at the IDB

October 04, 2017
Finance ministers from 34 countries of the Americas and the Caribbean are expected to attend a high-level meeting on October 11 with executives of the Inter-American Development (IDB), the International Monetary Fund (IMF) and the World Bank (WB) to discuss policy options for financial inclusion and regional trade integration. Argentine Finance Minister Luis Andrés Caputo will chair the Ninth Meeting of Finance Ministers of the Americas and the Caribbean, which will be held at the IDB’s headquarters.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname

April 15, 2016
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.

IDB supports energy efficiency green bonds

November 24, 2015
Financing package of up to $450 million to underwrite energy efficiency projects will also receive funding from Green Climate Fund The Inter-American Development Bank (IDB) has approved financing to establish a regional Energy Efficiency Green Bond Facility. The program was selected to receive up to $217 million in additional funding as one of eight projects worldwide in the first round of allocations announced by the Green Climate Fund (GCF) on November 6.

Latin American and Caribbean Carbon Forum 2015 with an eye towards the International Climate Conference, COP21

August 31, 2015
GENEVA, Switzerland - The Economic Commission for Latin America and the Caribbean (ECLAC) and the government of Chile will host the 9th Latin American and Caribbean Carbon Forum (LACCF 2015) in Santiago de Chile from September 9-11. The conference will cover the latest developments in market-based mechanisms to address climate change, carbon trading, climate finance, and low-emission development. 

Jamaica Public Financial and Performance Management Program III

October 11, 2013
Luis Alberto Moreno, the President of the Inter-American Development Bank and the Honorable Peter D. Phillips, the Minister of Finance and Planning of Jamaica, signed today in Washington D.C. a US$60 million loan contract, the third tranche of financing for a public financial and performance management program.

IDB signed a US$20 million for Global Loan Program with the Caribbean Development Bank for small Caribbean countries

May 21, 2013
The Inter-American Development Bank (IDB) signed today a US$20 million for a Global Loan Program with the Caribbean Development Bank (CDB) for projects in the four IDA-eligible Organization of Eastern Caribbean States (OECS) member countries. This loan was approved yesterday by the CDB’s board.