IDB, Green Climate Fund to Promote E-Mobility in Latin American and Caribbean Cities

July 28, 2022
The Inter-American Development Bank (IDB) is joining forces with the United Nation’s Green Climate Fund (GCF) to create the first regional fund to promote electric mobility and green hydrogen in Latin America and the Caribbean. The fund is expected to provide $450 million in concessional loans and grants to nine countries.
2022-07-28

IDB Lab’s Call for the Use of Digital Tokens in Biodiversity and Climate Action

June 07, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), is launching a call to identify innovative solutions that make use of digital tokens to promote biodiversity conservation and facilitate climate action.
2022-06-07

IDB Study Shows Path to Digitally Transforming Transportation in LAC

May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
2022-05-10

Central America, Panama and the Dominican Republic are Recovering, but Face Challenges

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.  
2022-03-14

IDB Lab Invests in Colombian Startup to Teach English to Manual Workers

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.
2022-01-11

PPP Americas Event Highlights Infrastructure Needs and Opportunities in the LAC Region

December 09, 2021
SÃO PAULO — In the challenging context of the ongoing COVID-19 pandemic, the Inter-American Development Bank (IDB) launches the 10th edition of PPP Americas, the principal forum on public-private partnerships in Latin America and the Caribbean. The event aims to help jump-start economic recovery in in the region by supporting the use of PPP approaches and fostering better planning and maintenance of infrastructure projects.
2021-12-09

IDB Approves Additional $1.8 Billion for Sustainable Development, Integration in LAC

December 08, 2021
Resources approved this week will promote sustainability and inclusion policies and programs in Barbados, Brazil and the Dominican Republic, as well as economic integration among the River Plate Basin countries. More than 70% of approved resources, or $1.3 billion, were assigned to Brazil. The IDB will release its total 2021 loan and operations amounts by December 17. The Board of Directors of the Inter-American Development Bank (IDB) approved five operations this week, to
2021-12-08

IDB Lab Participates in a Pioneering Fund to Help Finance Climate Change Adaptation

November 08, 2021
The first regional microfinance loan fund for climate change adaptation will go to rural areas of Mexico, Ecuador, Peru, and Central American countries. IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), has participated in the creation of a pioneering fund to provide microfinance loans for climate change adaptation to small farmers in Latin America.
2021-11-08

IDB Leads Multilateral Development Banks to Boost Nature-Based Investments

November 02, 2021
International institutions sign an IDB-led joint statement at COP26 and announce plan to mainstream nature into policies, analysis, and investments Glasgow - Multilateral Development Banks (MDBs) led by the Inter-American Development Bank (IDB) pledged today to mainstream nature across their policies and to significantly boost nature finance for member countries.
2021-11-02

IDB Launches Plan of Action to Fully Align Operations with Paris Agreement by 2023

November 01, 2021
Alignment will help 26 borrowing member countries meet their own commitments to combat climate change GLASGOW – The Inter-American Development Bank (IDB) today announced that its loans and projects will be fully aligned with the Paris climate agreement by 2023. This move will help countries throughout Latin America and the Caribbean fight climate change while also advancing steps to help those people most vulnerable with a sustainable recovery for everyone.
2021-11-01