June 14, 2022
Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Brazilian Deputy Minister of Economy Marcelo Guaranys signed a commitment to broaden technical support for the Brazilian Ministry of Economy to align its policies with the best practices of OECD countries. A recent IDB study outlines efforts the Ministry has undertaken that follow OECD practices and contribute to the country's efforts to accede.
June 14, 2022
The Brazil Investment Forum (BIF) highlights the country’s biggest economic opportunities, including over $7.8 billion in nearshoring potential. IDB President Mauricio Claver-Carone opened the two-day event, featuring nine panels and a session led by the IDB Group.
June 09, 2022
The Inter-American Development Bank (IDB) and the Government of France, through the French Development Agency (AFD), to continue expanding their productive partnership in LAC. The IDB-AFD joint pipeline for 2022 has identified areas of collaboration of $593 million for the private sector and over $1.5 billion in sovereign guaranteed operations in Costa Rica, Dominican Republic, Colombia, and Ecuador.
March 17, 2022
Agence Wallonne à l’Exportation et aux Investissements Etrangers (AWEX) has contributed $2 million to support IDB’s Amazon Initiative.
March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.
March 01, 2022
Korea-IDB partnership to expand with a new contribution to the Korea Public Capacity Building Fund (KPC) managed by the IDB. This contribution is the first installment of a $20 million pledge made by Korea to the KPC in late 2021.
January 11, 2022
The initiative seeks better job opportunities for vulnerable populations IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), will provide financial support to Slang, the Colombian educational technology startup that is based on machine learning and artificial intelligence, to teach English to manual workers. This investment, worth $1 million, will support students entering the labor market, provide job training, and present opportunities for youth, blue-collar workers, and the unemployed populations of Latin America and the Caribbean.
October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.
October 05, 2021
Nine proposals are selected to design their projects to help improve the inclusion of older persons The Inter-American Development Bank (IDB) with its innovation laboratory, IDB Lab, have announced the results of the Silver Economy Innovation for Inclusion Challenge. The challenge aims to turn aging into an engine for social inclusion and economic recovery.
September 30, 2021
The publication performs a diagnosis of gender gaps in Central America, Mexico, Panama, and the Dominican Republic and makes recommendations on how to boost female participation at the workplace and increase women’s incomes. The rates of women participation in the workplace in Central America, Panama, and the Dominican Republic have been rising over the past 20 years. However, they remain below the Latin America and the Caribbean (LAC) average.