IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Young innovators from Latin America and the Caribbean to share their game-changing ideas at one-day Conference at the IDB

November 25, 2014
Demand Solutions will feature presentations by top international experts on the sharing economy, entrepreneurship, gamification for social innovation, 3D printing as a development tool and other topics, as well as the opportunity to learn about 16 young Latin Americans who have come up with disruptive ideas for solving pressing development issues in Latin America – and around the world.

IDB fuels impact investing in Latin America

February 13, 2012
More than $110 million of impact investing resources were mobilized by the IDB over the past 18 months to finance profitable projects that bring about social change Despite stellar economic performance in recent years, Latin America and the Caribbean still have a long way to go to address pressing development needs, such as reducing poverty, improving educational outcomes and enhancing access to reliable health services.

IDB to help finance student loans in six Latin American countries

February 01, 2012
IDB loan to Higher Education Finance Fund will pave the way for increased student loans in Guatemala, Honduras, Dominican Republic, Peru, Bolivia, and Paraguay The Inter-American Development Bank (IDB) will help expand the access to higher education in Latin America and the Caribbean by providing a $10 million loan to the Higher Education Finance Fund, L.P. (HEFF), a regional debt fund that seeks to offer student loans through local microfinance organizations.

IDB finances innovative early childhood development program in Brazil for the base of the pyramid

January 19, 2012
As many as 224,000 low-income pre-school children expected to benefit from educational materials and training provided by PUPA Pupa Empreendimentos Educacionais e Representacao Ltda, a new social business launched by Brazil’s Zoom Editora, will use a $3 million loan from the Inter-American Development Bank (IDB) to roll out an innovative early childhood development program that will benefit as many as 224,000 low-income pre-school children in Brazil.

IDB, Covelo Foundation to foster renewable energy use in Central America

October 27, 2011
As many as 6,000 low-income families in isolated rural areas in Honduras, El Salvador and Belize to get access to solar energy The Inter-American Development Bank (IDB) will provide a loan of up to $3 million for Fundación José María Covelo to establish credit lines that will enable as many as 6,000 Central American families in isolated rural communities with no access to the electricity grid to buy solar power systems.

IDB closes $3.6 million syndicated loan to provide access to finance for smallholder farmers

July 05, 2011
As many as 10,000 small farmers in nine countries to benefit from IDB loan to FOPEPRO The Inter-American Development Bank (IDB) has closed a $3.6 million loan to provide access to finance for smallholder producer groups and farmers associations in nine Latin American countries through a loan to the “Fund for Small Rural Producers in Latin America” or “Fondo para los Pequeños Productores Rurales en América Latina (FOPEPRO)."

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

IDB backs base-of-the-pyramid business models in Latin America and the Caribbean

March 09, 2011
Projects aim to boost income and improve quality of life of low-income people with companies, governments and NGOs The Inter-American Development Bank (IDB) is teaming up with companies, governments and non-governmental organizations in novel projects to generate new business models that provide low-income people in Latin America and the Caribbean with quality goods and services, improved earning opportunities and enhanced living standards.

IDB announces winners of beyondBanking awards

December 21, 2010
The Inter-American Development Bank (IDB) announced the winners of its beyondBanking awards. The awards highlight sustainable environmental, social and corporate governance projects implemented by financial intermediaries (FIs) in Latin America and the Caribbean.