IDB strengthens its partnership with China

The Inter-American Development Bank (IDB) is strengthening its partnership with China after the first year of the country’s membership with the Bank. Two Chinese banks, the Agricultural Bank of China (ABC) and the Export-Import Bank of China (China Eximbank) joined the IDB Trade Finance Facilitation Program (TFFP) as confirming banks. ABC’s Executive Director Yang Kun, China Eximbank’s Vice President Su Zhong, and IDB’s President Luis Alberto Moreno signed the agreement during the IDB’s 2010 Annual Meeting in Cancun, Mexico.

IDB pledges $400 million in new grants for Haiti over two years

NEW YORK – The Inter-American Development Bank today pledged to provide $400 million in new grants over the next two years to help Haiti carry out its national recovery plan after the devastating January 12 earthquake.

Haïti : la BID promet de nouvelles subventions de $400 millions sur deux ans

NEW YORK – Aujourd'hui, la Banque interaméricaine de développement s'est engagée à accorder de nouvelles subventions d'un montant total de $ 400 millions à Haïti au cours des deux prochaines années, pour aider le pays à exécuter son programme de reconstruction nationale après le tremblement de terre dévastateur du 12 janvier.

BID compromete-se com US$ 400 milhões em novas doações para o Haiti ao longo de dois anos

NOVA YORK – O Banco Interamericano de Desenvolvimento comprometeu-se hoje a fornecer US$ 400 milhões em novas doações ao longo dos próximos dois anos para ajudar o Haiti a executar seu plano de recuperação nacional depois do devastador terremoto de 12 de janeiro.

BID aprova US$ 3 bilhões em operações para o Brasil no ano de 2009

O Banco Interamericano de Desenvolvimento (BID) no Brasil atingiu números inéditos nos últimos dois anos. É o que aponta o Resumo Executivo da Atuação do BID no Brasil em 2009: Resultados e Perspectivas para 2010. Uma carteira com áreas de atuação e clientes diversificados, além do aporte em operações de cooperação técnica define a identidade atual do BID no Brasil. Em 2009 foram aprovadas 31 operações que somaram US$ 3 bilhões. Estas iniciativas passaram a compor uma carteira em execução de US$ 7,6 bilhões distribuídos em 74 operações:

Chile to improve public transport system with IDB support

The Inter-American Development Bank approved a $10 million loan to support Chilean Government plans to implement reforms to improve public transportation throughout the country, including the areas affected by the earthquake and tsunami that struck Chile on Feb. 27.

Multilateral Development Banks (MDBs) step up their fight against corruption with joint sanction accord

LUXEMBOURG –Taking a major step in the global fight against fraud and corruption, leading Multilateral Development Banks (MDBs) today signed an agreement to cross debar firms and individuals found to have engaged in wrongdoing in MDB-financed development projects.

IDB promotes dialogue on the implementation of free trade accords in Latin America

After undergoing a long and complex trade negotiation process, the majority of governments have come to realize that their tasks are not over when a trade agreement is signed and ratified. Instead, new challenges have emerged and they must be addressed in order to successfully implement a trade agreement.

U.S. Energy Secretary Steven Chu, Secretary of State Hillary Clinton and energy ministers from Latin America and the Caribbean to meet at IDB

The Inter-American Development Bank (IDB) will host a meeting of energy ministers from across the Hemisphere under the framework of the Energy and Climate Partnership of the Americas on Thursday, April 15, at its headquarters in Washington, D.C.

Multilateral Banks to Continue Economic Support, Ready to Mobilize Climate Finance

Leading Multilateral Development Banks (MDBs) and the International Monetary Fund, meeting today at the European Investment Bank in Luxembourg, mapped out their plans to support a sustainable global recovery and agreed the Copenhagen Accord is an opportunity for action to finance measures to combat climate change.