IDB’s Pivot Movement Launches the Pivot Book and Music Video

April 12, 2021
We can now visualise what the Caribbean could be like in 2040, through the new book, “Pivot: The Future Makers”. The book brings to life nine moonshots or big ideas for regional transformation created at the first Pivot Event. It was launched April 9 alongside the music video premiere of “Shine”, The Pivot Movement’s theme song, by Freetown Collective.
2021-04-12

IDB and CITI Innovation Labs achieve cross-border payments over blockchain

April 08, 2021
EThe Inter-American Development Bank and Citi Innovation Labs conclude a successful proof of concept to make cross-border payments from the United States to countries in Latin America and the Caribbean, using blockchain and tokenized money. The LACChain Blockchain Network enabled the transactions and provided full traceability of the transactions, exchange rates, and fees.
2021-04-08

IDB Group and Japan Expand Partnership to Support Recovery in Latin America and Caribbean

March 23, 2021
The Inter-American Development Bank (IDB) has expanded its longstanding partnership with the Government of Japan through a partnership amendment signed with the Japanese Ministry of Finance (MOF) and a new Memorandum of Collaboration (MOC) with the Japan International Cooperation Agency (JICA). The signings reflect reinvigorated commitment from Japan and the IDB Group to cooperate in pursuit of social and economic recovery in Latin America and the Caribbean (LAC).
2021-03-23

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “Vision 2025” agenda for recovery and sustainable economi
2021-03-21

The Caribbean must build sound fiscal, monetary, financial institutions to boost growth

March 03, 2021
New IDB study lays out specific reform agendas for The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago To build resilience against external shocks and recover from the COVID-19 pandemic, Caribbean countries must advance key fiscal and financial reforms that range from stronger tax and pensions systems to improved debt and financial management, a new study by the Inter-American Development Bank (IDB) says.
2021-03-03

IDB announces Build Forward initiative to advance technology and resilience in Caribbean

February 25, 2021
Effort includes multi-donor facility expected to mobilize $1.5 billion The Caribbean Governors of the Inter-American Development Bank backed Build Forward, a $3.5 billion multi-year program to help Caribbean countries sustainably recover while making technological leaps that will bring about a transformational future.
2021-02-25

IDB Group and Multilateral Financial Institutions launch joint Report on Financing the SDG

December 10, 2020
Today the IDB Group, the multilateral development banks (MDBs) and the International Monetary Fund (IMF)  launched a joint report on financing the Sustainable Development Goals (SDGs). The report is released at the end of a critical year, in which the COVID-19 pandemic threatens to reverse progress on the SDGs. In response, MDBs have collectively mobilized a global response package of $230 billion between 2020 and 2021 to reduce the impact of the pandemic, of which $75 billion will be directed to the world’s poorest countries before the end of 2020.
2020-12-10

IDB Group Analyzes Financial Inclusion in Times of COVID-19

November 10, 2020
Financial inclusion is called to play a fundamental role in the response of Latin America and the Caribbean (LAC) to the COVID-19 crisis. On November 16, IDB Lab, the innovation laboratory of the Inter-American Development Bank and IDB Invest, the private arm of the IDB Group, will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.
2020-11-10

At least 77 million rural inhabitants have no access to high-quality internet services

October 29, 2020
The IICA, BID and Microsoft study focused on 24 countries throughout all of Latin America and the Caribbean.
2020-10-29

IDB announces results of its Beyond Tourism Innovation Challenge

October 15, 2020
The Inter-American Development Bank (IDB), through its innovation laboratory, IDB Lab, and in collaboration with the United Nations World Tourism Organization (UNWTO), is pleased to announce that eight proposals were selected for project design under the Beyond Tourism Challenge. The applications were from Barbados, Belize, Dominican Republic, Costa Rica, Haiti, Guyana, Panama and Trinidad and Tobago.
2020-10-15