Inter-American Development Bank (IDB)

From Open Energy Information


Inter-American Development Bank is an organization based in Washington, D.C..

Overview[edit]

"We support efforts by Latin America and the Caribbean countries to reduce poverty and inequality. We aim to bring about development in a sustainable, climate-friendly way. Established in 1959, we are the largest source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increased integrity, transparency and accountability. We have an evolving reform agenda that seeks to increase our development impact in the region. While we are a regular bank in many ways, we are also unique in some key respects. Besides loans, we also provide grants, technical assistance and do research. Our shareholders are 48 member countries, including 26 Latin American and Caribbean borrowing members, who have a majority ownership of the IDB. Given our shareholder base and prudent management, we have a strong financial position. As a result, the IDB is able to borrow in international markets at competitive rates and transfer that benefit to our clients in 26 countries in Latin America and the Caribbean."

News[edit]

Brazils Parana state will improve logistics capacity with IDB assistance
US$235 million IDB loan to expand states transportation infrastructure, boost competitiveness.
IDB President offers support to The Bahamas following Hurricane Irma
IDB pledges up to $200,000 in grant funds for emergency relief to assist The Bahamas after Hurricane Irma.
IDB Launches $3 Billion 5-Year Fixed Rate Global
The IDB priced a $3 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750 percent and matures on September 14, 2022
New Report Explores the Future of the Creative and Cultural Economy
IDB Report Explores Innovative Ways to Leverage Creative and Cultural Economies to Achieve Sustainable Development in the region
MDBs increased 2016 financing to tackle climate challenge
The six largest multilateral development banks increased their climate financing to $27.4 billion in 2016, a new report shows
Application for the 2017 WeXchange Pitch Competition is Now Open
Women entrepreneurs in technology can apply to WeXchange competition, supported by MIFIDB and NXTP Labs
Latin America and the Caribbean faces critical skills gap, IDB study finds
New IDB study details how Latin American governments can help bridge the education and skills gap.
Argentina to improve metropolitan areas water and sanitation services with IDB support
IDB approved a credit line to help improve drinking water and wastewater treatment for Buenos Aires, Argentina.
Argentina to improve General San Martin metropolitan area railway line with IDB assistance
$400 million loan to improve this suburban rail line between the stations of Retiro and Pilar in Buenos Aires, Argentina.
Robotlution: A new IDB publication on the automation of employment and how it will impact productivity
IDB study Robotlution highlights that the region can take advantage of technology opportunities for employment and productivity.
The IDB and Miami Dade College select eighteen startups from Latin America, the Caribbean and South Florida to participate in Demand Solutions Miami 2017
The IDB and Miami Dade College have selected 18 disruptive startups from Latin America, the Caribbean and South Florida working on improving
IIC finances Aela Energía wind projects in Chile
IIC finances Aela Energía wind projects in Chile
Costa Rica Expands Access to Housing Finance through COOPENAE with support from the IIC
IIC loan will expand access to finance for housing in Costa Rica
Fintech companies preview big innovations and changes in financial markets in Latin America
Innovative finance startups bring new tools and business model
Colombia issues its first green bond in the local market for 200 billion pesos with the support of the IDB
First issue of Green Bonds in the local market of Colombia will be carried out by Bancóldex
IDB promotes Mesoamericas transportation, logistics and integration agenda
IDB will provide technical cooperation grants of $400,000 each for strategic programs for Infrastructure and Integration Development.
IIC finances Solem solar photovoltaic plant in Mexico
The IIC has signed a US$75 million loan package to finance the Solem solar plant in Mexico
MIF calls for applications to the Inter-American Awards for Financial and Entrepreneurial Innovation 2017
MIF calls for applications to the Inter-American Awards for Financial and Entrepreneurial Innovation 2017
IIC closes B-bond structure in Campo Palomas Wind Farm
The IIC has closed on a US$135.8 million B-bond to finance the operation of Campo Palomas in Uruguay
IDB, Government and private sector discuss ways to ensure Belizes sustainable development
Inter-American Development Bank, government and private sector deepen cooperation to ensure sustainable development in Belize
IDB Convenes Caribbean Agricultural Policy Forum in Suriname
Caribbean agricultural experts participated in the IDBs Caribbean Agricultural Policy Forum in Suriname on July 25
Experts meet at IDB for first multilateral development banks working group on Cultural and Creative Industries
The IDB hosted the first meeting of a working group on the cultural and creative industries (CCI), or Orange Economy
IIC finances transmission line to connect renewable energy projects in Uruguay
With a US$81 million financing package, Terna will build a transmission line between Melo and Tacuarembó in Uruguay.
Orange Economy: Innovations you may not know were from Latin America and the Caribbean
Orange Economy: Innovations you may not know where from Latin America and the Caribbean.
Argentina to enhance early education coverage with $200 million IDB loan
Argentina to expand early education coverage with IDB loan of $ 200 million benefiting 70,000 children aged 0 to 5.
Ten Washington, D.C.-area non profits receive grants to support their creative and social innovation efforts
The Inter-American Development Bank (IDB) will provide funding for local organizations that work with Latin American and Caribbean communiti
The IIC supports the deployment of 4G LTE broadband in Paraguay
The IIC has signed a guaranteed 402 billion Paraguayan Guarani loan with Tigo
Suriname to improve fiscal sustainability with IDB support
Suriname received a US$40 million investment loan from the IDB to reduce its budget deficit and improve its fiscal sustainability.
Dominican Republic to strengthen tax administration, public spending management with IDB support
The Dominican Republic will strengthen its tax administration and public resource management with a $50 million investment loan from the IDB
IDB launches $2.3 billion 2.375% 10-Year fixed-rate global bond
The Inter-American Development Bank priced a new $2.3 billion 10-year global bond on June 28, 2017.

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Tools[edit]

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References[edit]

  1.  "IRD"