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Be IDB - Germany

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IDB HRD/TLM

on 8 January 2013

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Transcript of Be IDB - Germany

Inter-American Development Bank What is the Inter-American Development
Bank (IDB)? The IDB is the main source of multilateral financing and expertise for sustainable economic, social and institutional development in Latin America and the Caribbean.

The IDB Group is composed of:

- Inter-American Development Bank

- Inter-American Investment Corporation (IIC)

- Multilateral Investment Fund (MIF) Founded in 1959
First regional development bank in the world
Provides public sector loans, private sector loans, grants, and technical assistance Governments, Private Sector, Civil Society Organizations Founded in 1989
Only multilateral institution that provides direct financial support to SMEs in Latin America and the Caribbean (LAC) Small and Medium Enterprises (SMEs) and Small Banks Founded in 1992
Promotes development of SMEs in LAC by providing grants for microfinance, capacity building, business environment, loans, and equity funds Micro and Small Enterprises, Government Agencies, Civil Society Organizations We provide more financing to Latin America and the Caribbean than any other government-owned regional financial institution. We are pursuing an extensive reform agenda in recent years. In 2010, the Bank’s capital was increased by $70 billion, raising it to more than $170 billion. We provided an unprecedented relief package for Haiti, which includes the cancellation of Haiti’s outstanding debt and the provision of $2.2 billion in grants through 2020. Member Countries Uruguay
IDB-financed Program:
One Laptop Per Child Reducing poverty and social inequalities Addressing the needs of small and vulnerable countries Fostering development through the private sector Addressing climate change, renewable energy and environmental sustainability Promoting regional cooperation and integration
• Borrowing Members: 26
• Non-Borrowing Members: 22 * Figures as of April 2012, rounded for convenience Poverty Reduction Fund
Initial Contribution: US$50 million
Projects Financed : 64 projects
Financed Amount : US$19.4 Million*

Fund for Technology & Innovation
Initial Contribution: US$50 million
Projects Financed : 35 projects
Financed Amount : US$12.9 Million* Results of Korean Trust Funds Our Priorities Results:
300,000 primary schoolchildren have benefitted from the program
16,340 teachers have been trained
900 teachers have training experience in the field
8 innovative pilot projects have been created
Platform for evaluation of online learning
Preparation and installation of a technological park to support innovative activities Be part of the IDB! Areas of Work: Energy Procurement Water & Sanitation Economic Research Rural Development Transport Legal Environment Disaster Risk Finance Education Social Protection & Health Science & Technology Human Resources IT Financial Markets Institutional Capacity Investment Funds www.iadb.org/careers • Staff Opportunities • Consultants • Special Programs: • Young Professionals • Summer/Winter Internships Promote stability and development
by providing assistance for poverty and disparity between the rich and poor, for building peace, and for promoting sustainable economic development, regional
integration and
South-South
cooperation. Quick Facts About the IDB • Research Fellowships Requirements
Young Professionals • 32 years of age or younger
• Fluent in English and Spanish
• Masters degree or equivalent
• 2 years of professional experience

Diversity Young Professional:

• 35 years of age or younger
• Fluent in at least one official
language of the Bank Requirements
Internships • 30 years of age or younger
• Fluent in at least one official
language of the Bank
• Must be currently enrolled in a
Masters degree or equivalent

Diversity Internships:

• 33 years of age or younger Requirements
Research Fellowships • From 18 years of age to 33
(maximum of 35 years if Afro-
descendent or indigenous)
• Fluent in at least one official
language of the Bank
• Full or part-time graduate
undergraduate or recent graduate Our Strengths • In-depth understanding of Latin America and the Caribbean needs and investment opportunities.

• Highly respected sectoral and technical know-how.

• Extensive on the ground presence (26 Country Offices + Europe and Asia Representation Offices). Multilateral Investment Fund Be IDB Ser BID Être BID Seja BID Communications The IDB & Germany • Germany is one of the 16 European member countries of the IDB. Germany holds nearly 2 % of the Ordinary Capital of the IDB, and it has an Executive Director on the Board of Directors.

• Germany has contributed US$ 241 million to the Fund for Special Operations, a concessional fund for the low-income countries in Latin America (grants to Haiti, low-interest loans to Bolivia, Guyana, Honduras, and Nicaragua).

• The IDB granted debt-relief to the five “Highly Indebted Poor Countries” (Bolivia, Guyana, Haiti, Honduras, and Nicaragua); this led to the need for a replenishment of the Fund for Special Operations, approved in 2011.

• Germany has contributed to trust funds at the IDB, including contributions to the Sustainable Energy and Climate Change (SECCI) Multi-Donor Trust Fund, from GIZ and KfW.
• The IDB/Germany Strategic Partnership Agreement for Renewable Energies and Energy Efficiency (SPA) approved activities for a US$1 million.

• German institutions also provide co-financing for IDB loans and non-reimbursable grants., as indicated in the examples below: • In Haiti, the IDB, Germany’s KfW and OFID, OPEC’s fund for international development, are providing the funds to finance a three-year, $48.8 million rehabilitation contract to restore the Péligre hydroelectric plant, the country’s principal renewable energy source.

• In 2012, the IDB approved a loan for $200 million to Uruguay to finance construction of a 530 MW combined-cycle gas power plant to help diversify the country's energy mix in an environmentally sustainable manner. Germany’s KfW contributed US$70 million to the project.
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