Press Releases: Inter-American Development Bank

IDB prepares to finalize support for Camisea pipeline project in Peru, despite unment loan conditions.

March 2004: New SEEN report, Destabilizing Investments in the Americas II, shows that the IDB is using billions in taxpayer money to support destructive fossil fuel projects throughout Latin America and the Caribbean.

Read the Report

March 29, 2004: IDB Fuels Global Warming and Enron

August 7, 2003: Public Financing Delayed Again For Destructive Gas Project in Peru’s Amazon.

March 24, 2003: Inter-American Development Bank President Iglesias Admits Serious Flaws in Camisea Gas Project: Still No Commitment to Loan

February 25, 2003: U.S. Public Banks Back in the Spotlight Over Financing for
Camisea Gas Project in Peru's Amazon Heartland

November 14, 2002: Enviros Criticize Bolivian President's DC Visit to Help Enron and 4Shell Win $125 Million Public Funds from Development Bank

August 30, 2002: In the Americas, Taxpayers Support Big Oil with 63 Times More Funds than Clean Energy Since 1992 [en español]