Nearshoring can add annual $78 bln in exports from Latin America and Caribbean

June 07, 2022
Estimate was provided to trade ministers and private-sector leaders gathered to discuss commerce and investment opportunities in the Americas. Meeting included key trade agenda issues: global value chains, digital commerce and climate change.

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.

IDB Hosts Ministers and CEOs to Explore Nearshoring Investment Opportunities in Region

June 06, 2022
Latin America and the Caribbean could increase their exports by more than $70 billion in the short and medium term thanks to nearshoring, or the relocation of companies’ supply chains closer to end markets, according to preliminary data from a new study by the Inter-American Development Bank (IDB).

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The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe.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.

IDB launches 2022 call for regional projects in Latin America and the Caribbean

March 22, 2022
Users must register before April 29, 2022. The deadline for accepting proposals is May 16.  The Inter-American Development Bank (IDB) launched the 2022 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean, which supports regional projects involving three or more countries.

More than two-thirds of Latin Americans support integration, despite the pandemic

February 18, 2022
Seven out of ten Latin Americans favor their country integrating further with other Latin American and Caribbean countries, confirming widespread support for greater trade integration, according to a study by the Inter-American Development Bank.

Investment promotion can help attract multinationals and favor sustainable growth

December 10, 2021
Investment promotion strategies can help countries in Latin America and the Caribbean take advantage of new opportunities to attract multinational firms, boosting the region’s economic recovery, long-term growth, and sustainable development, according to a new report by the Inter-American Development Bank. According to the study, each $1 spent on investment promotion has generated up to a total of $56 in additional foreign direct investment (FDI), and each $10,000 assigned to investment promotion was associated with the creation of 5.5 jobs.

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.

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