IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

IDB launches study to help governments improve national statistics

Tuesday, June 19, 2018 - 16:05
New IDB study presents recommendations to strengthen statistical capacity, based on the experiences of 10 countries in Latin America Statistics are an essential input for decision making and the design of good public policies. For that reason, the countries of Latin America and the Caribbean should invest in the strengthening of their National Statistics Offices (NSO), according to a new study by the Inter-American Development Bank (IDB).

Digitization of transactional public services would reduce red tape and corruption, save money in Latin America and the Caribbean

Monday, June 11, 2018 - 12:47
New IDB report recommends focusing on citizen experience interacting with government, investing in online services to benefit citizens, businesses and public sector institutions Digital transactional public services (“transactions”) take 74% less time than face-to-face transactions, cost much less and reduce corruption; nevertheless, in Latin America and the Caribbean there is still little investment to offer transactions online. The result? Citizens, firms and public institutions lose time, money and productivity.

Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Tuesday, May 29, 2018 - 14:22
Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank (IDB).

New IDB macroeconomic report analyzes the current situation in Central America, Panama, and the Dominican Republic

Thursday, February 22, 2018 - 06:33
The big challenge is to strengthen inclusive growth and reduce poverty Economic growth in Central America, Panama and the Dominican Republic followed a positive path in 2017, with 3.8 percent expansion, although this scenario failed to produce significant improvement in poverty alleviation and income distribution. Amidst growing uncertainty over the path of the global economy, authorities in the region would do well to adopt actions and policies to foster inclusive development.

Italy to contribute to IDB Transparency Fund

Wednesday, January 24, 2018 - 13:47
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million. 

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

Monday, December 11, 2017 - 19:00
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

Introducing the winners of the ALAS-IDB 2017 Awards

Thursday, November 9, 2017 - 19:00
In a highly competitive edition, among the winners of the awards that celebrate educational innovation for early childhood development we find Brazil, Colombia and Guatemala. Washington, DC, Nov 9.

Chile to boost global export services with IDB support

Wednesday, November 8, 2017 - 19:00
Loan of $27 million will help diversify exports, create jobs and stimulate foreign direct investment in the sector The Inter-American Development Bank has approved a $27 million loan to contribute to the development of the global export services sector in Chile. The funds are designed to help improve human resources skills and generate jobs, exports and foreign direct investment in this sector, one of the most dynamic in world trade.

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

Tuesday, November 7, 2017 - 19:00
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.