Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Challenges and opportunities for creative entrepreneurs revealed in IDB study

Thursday, September 13, 2018 - 09:21
Launching an Orange Future analyzes the situation of creative and cultural entrepreneurs in the region Around 70% of creative entrepreneurships fail because of bad financial planning, lack of understanding of the market and poor cash flow, according Launching an Orange Future, the new e-book released by the Inter-American Development Bank (IDB) in collaboration with the Failure Institute.

IDB launches report detailing steps to help avoid social conflicts

Monday, September 10, 2018 - 16:02
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

IDB supports national electric energy transmission program in Honduras

Wednesday, September 5, 2018 - 13:57
$150 million loan will improve service quality by reducing power outages The approved lending operation will strengthen Honduras’s National Transmission System (NTS) by financing priority works under the National Electricity Energy Company’s (ENEE, after its Spanish initials) investment program.

Barranquilla, Colombia to host Foromic 2018

Thursday, August 30, 2018 - 17:39
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

Colombia, Mexico, Brazil and Argentina win the Gobernarte 2018 Award with innovative ideas

Wednesday, August 29, 2018 - 09:36
The fifth edition of the "Gobernarte - Premio Eduardo Campos" contest of the Inter-American Development Bank (IDB), identified innovative ideas in the area of citizen participation and digital citizenship from the subnational governments of Bogotá, Colombia; Puebla, Mexico; Sao Paulo, Brazil; and Cordoba, Argentina.

Green infrastructure for Latin America and the Caribbean: rich in water, yet thirsty

Monday, August 27, 2018 - 15:54
The Inter-American Development Bank (IDB) is coordinating the Latin America and the Caribbean sessions during World Water Week in Sweden’s capital, with a focus on the need to adopt nature-based solutions to address the current and future demand for water resources in the region. STOCKHOLM, Sweden – Latin America and the Caribbean needs to progress towards a wiser combination of green and traditional infrastructure to satisfy the water needs of the 21st century.

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.

Mexico to increase geothermal energy generation with IDB support

Monday, August 6, 2018 - 11:21
US$108.6 million loan will help diversify the country’s energy matrix and reduce its dependence on fossil fuels The Inter-American Development Bank (IDB) has approved a modification of a loan totaling US$108.6 million that aims to increase private investment in electricity generation projects from geothermal sources, putting at the developers’ disposal a number of financial mechanisms tailored to meet the specific needs of each project at every step of their development.