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BIDAcademy Launches Podcast on How to Combat Inequality in Latin America and the Caribbean

The new series will explore inequality, how it intersects with factors like gender or race, and how it impacts access to education or employment BIDAcademy, the knowledge and learning platform of the IDB Group—which consists of the Inter-American Development Bank (IDB), IDB Invest, and IDB Lab—has kicked off "Rethinking Equality". This new podcast series will analyze the causes of inequality in Latin America and the Caribbean, the reasons for its persistence, and ways to reduce it to build a better future. Over the series’ 12 episodes on the Voices in Action podcast, Ana María Ibáñez, vice

Suriname Receives a US$30 Million Loan to Revitalize Paramaribo’s Cultural Heritage

Following the success of the Paramaribo Urban Rehabilitation Program (PURP), the Inter-American Development Bank (IDB) has approved a US$30 million loan to support Suriname in continuing its efforts in urban heritage revitalization. PURP II is designed to breathe new life into the cultural heritage of Suriname’s capital, Paramaribo, a city rich in history and home to 44% of the country's population. The loan, which has been approved by the IDB Board of Executive Directors, will continue to help reverse the decay of the city’s cultural assets and enhance their value by physically restoring

IDB Group Caribbean Governors Endorse the Regional Program 'One Caribbean'

PUNTA CANA, Dominican Republic — The Caribbean Governors of the Inter-American Development Bank Group (IDB Group) endorsed the “One Caribbean” program, a comprehensive framework designed to support enhancing living standards across the Caribbean region. The program focuses on four pillars: climate adaptation, disaster risk management and resilience; citizen security; private sector engagement; and food security, as well as two cross-cutting areas, strengthening institutions and facilitating digital transformation. The signing of this endorsement statement took place during the IDB and IDB

IDB Group and Caribbean Governors Discuss Climate Resilience and Integration
GEORGETOWN, Guyana – The Inter-American Development Bank Group (IDB Group) held its XII Annual Consultation with the Governors of IDB Caribbean member countries on February 23-24 in Georgetown, Guyana. The gathering was part of preparations for the IDB and IDB Invest Annual Meetings, which will take place on March 6-10 in the Dominican Republic. This high-level dialogue included representatives from The Bahamas, Barbados, Guyana, Suriname and Trinidad and Tobago and a representative from the Caribbean Development Bank, a longstanding partner of the IDB, which facilitates support to Eastern
IDB and Suriname Sign Agreement to Finance MSMEs

The Inter-American Development Bank (IDB) agreed on a US$12 million financing support to Suriname to enhance access to credit for micro, small, and medium-sized enterprises (MSMEs), focusing on bio-businesses.

IDB Report Outlines Progress and Challenges in Managing Public Debt in the Caribbean

Public debt load in the Caribbean has fallen sharply to near pre-pandemic levels, according to a new report by the Inter-American Development Bank (IDB), which urges governments to continue on the path of prudent debt management, given uncertain global risks. The publication reveals that the average debt-to-GDP ratio rose from 75% in 2019 to 99% in 2020 and is estimated to have fallen to 77% at the end of 2023. The sharpest declines were observed in Guyana between 2020 and 2022 and in Jamaica between 2010 and 2019. “ Dealing with Debt in the Caribbean, ” part of the Caribbean Economics

IDB to Launch Art Exhibit: Amazonia: A BioCreativity Hub

The exhibit, a collective call to action to protect the Amazon, will show how nature inspires artistic production in the region The Inter-American Development Bank (IDB) will open the Amazonia: A BioCreativity Hub art exhibition on January 23. During the inauguration, the artist Olinda Silvano, an indigenous muralist, painter and textile artist from the Shipibo-Konibo community of Peru, will perform songs in her mother tongue, the same songs she performs while creating her murals. The exhibit, developed in collaboration with the IDB's regional program, Amazonia Forever, brings together

IDB Presents 'One Caribbean' Program to Boost Climate Resilience and Promote Integration
DUBAI – During the 2023 United Nations Climate Change Conference (COP28), the Inter-American Development Bank (IDB) presented “One Caribbean,” a new regional flagship program that aims to promote the sustainable development of the Caribbean with a sharpened focus on high-impact initiatives. Caribbean countries are among the most vulnerable to the adverse impacts of climate change, such as rising sea levels, threats to agriculture and biodiversity, and more intense and frequent hurricanes and tropical storms. The IDB’s "One Caribbean" program includes four pillars: climate adaptation, disaster
IDB Announces First Nine Countries to Join IDB CLIMA

DUBAI – The Inter-American Development Bank (IDB) announced today the first nine eligible projects that will be part of the IDB CLIMA pilot program. IDB CLIMA is an innovative financial approach that rewards borrowers for achieving nature and climate objectives. The reward is provided in the form of a grant, in the amount of 5% of the IDB loan principal. IDB CLIMA’s goal is to help countries access green and thematic debt markets to mobilize capital for climate and nature investments at a larger scale. IDB CLIMA will initially fund ten pilot projects, with a total lending envelope of $1

Suriname to Strengthen the National Statistical System with IDB Support

The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a US$20 million loan to Suriname to strengthen the capacity of the National Statistical System (NSS) of Suriname to collect, analyze, manage, and share reliable and accurate statistics for effective policy making and broader use. The Program of Support for the Population Census and the National Statistical System of Suriname will support the generation of quality statistics on the economy, society, and environment and improve the flow of quality statistics to end users in government and the wider society

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