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 “
2021-03-21

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

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.

IDB approves record $9.6 billion in new operations in 2007

April 07, 2008
Annual Report highlights new initiatives to make IDB an “indispensable partner” for region The Inter-American Development Bank Group delivered a record lending program in 2007, approving $9.6 billion in financing for projects in Latin America and the Caribbean, according to the IDB’s latest Annual Report. The amount was a record high, excluding emergency loans. For the 14th year in a row the IDB was the main source of multilateral lending to Latin America and the Caribbean.

IDB sees Latin America and the Caribbean weathering turbulence in international markets

April 07, 2008
MIAMI, Florida - The Inter-American Development Bank today sounded a note of optimism on the strength of Latin America and the Caribbean to weather the turbulence roiling international financial markets, but called on the region’s governments to press ahead with pending reforms.

IDB and Energy

March 27, 2008
The Inter-American Development Bank’s energy portfolio includes a wide array of investments aimed at improving the energy security of its member countries by exploiting both conventional and renewable sources. In 2007 the Bank approved US$2.5 billion in energy-related operations. Many of these loans will support high-priority gas and electricity infrastructure projects. For example, the IDB approved: A US$32.7 million loan for a wide-ranging investment program to strengthen Nicaragua’s electricity system.

IDB in Brief

March 24, 2008
The Inter-American Development Bank was created in 1959 to help accelerate the economic and social development of its member countries in Latin America and the Caribbean and to promote regional integration. The Bank has 47 member countries: 28 in the Western Hemisphere, 16 in Europe, as well as Israel, Japan and the Republic of Korea.  The Latin American and Caribbean countries as a group hold half the shares in the institution.

IDB and Infrastructure

March 24, 2008
    The Inter-American Development Bank, the main source of multilateral development financing for Latin America and the Caribbean, plans to allocate US$12 billion for infrastructure projects in the region by 2010.

IDB launches first Sustainability Review

April 26, 2006
The first edition of a review that describes the IDB’s progress in promoting social and environmental sustainability in its member countries in Latin America and the Caribbean was launched April 25 at a reception at the Bank attended by government officials, members of nongovernmental organizations, Bank board members and senior managers, and the press.

IDB approves $1.5 million for studies on hydrocarbon fuels markets integration and oil refinery in Central America

March 01, 2006
The Inter-American Development Bank today announced the approval of a $1.5 million grant to finance studies on the integration of fossil fuels markets in Latin America and the Caribbean and the technical and economic feasibility of building a new oil refinery in Central America, potentially one of the largest investment projects in the isthmus.