Millennials have potential that Latin America and Caribbean must not squander, says study

November 22, 2018
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

IDB report underscores social benefits of sports for development but warns against program design flaws

May 25, 2018
Latin American and Caribbean region lags in sports spending, activity levels Latin American and Caribbean region could get a development boost from sports activities that improve the region’s social and health benefits, provided the programs are properly designed and monitored, according to a report by the Inter-American Development Bank.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

IDB supports energy efficiency green bonds

November 24, 2015
Financing package of up to $450 million to underwrite energy efficiency projects will also receive funding from Green Climate Fund The Inter-American Development Bank (IDB) has approved financing to establish a regional Energy Efficiency Green Bond Facility. The program was selected to receive up to $217 million in additional funding as one of eight projects worldwide in the first round of allocations announced by the Green Climate Fund (GCF) on November 6.

US Treasury recognizes IDB project using performing arts to train at-risk youth in Rio de Janeiro

July 23, 2014
Multilateral Investment Fund’s “Galpão Aplauso” partnership readies young Brazilians for workforce An Inter-American Development Bank (IDB) project in Brazil that uses a performing arts program as an avenue to employment for at risk youth was recognized for its development impact by the U.S. Treasury at an awards ceremony today.

Remittance Flows Up in Central America and Caribbean, Down in Mexico and South America

June 10, 2014
MIF study outlines 2013 trends, continued importance of flows for the Region In 2013, remittances to Central America and the Caribbean increased over the previous year while remittance flows to South America and Mexico declined, resulting in flat growth for the region as a whole, according to a new report from the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group.

Brazilian state of Alagoas to develop tourism and encourage fiscal sustainability and investment with support from IDB

November 14, 2013
Loan of $250 million will also contribute to increasing access to water, sanitation and tourism routes Alagoas, a state in the northeast of Brazil, will receive a $250 loan from the Inter-American Development Bank to increase tourism's contribution as a source of economic development and enhance fiscal sustainability. 

Public-private partnerships presented as models to reduce maternal and child health inequities

March 16, 2013
Bill Gates and Carlos Slim support the Salud Mesoamérica 2015 Initiative, featured as one of the central issues at IDB’s Annual Meeting Participate and follow us on Twitter using #SM2015 @SM2015_ #IDB2013

Brazil’s Vox Capital Impact Investing Fund gets $4 million equity investment from MIF

October 29, 2012
Fund to offer long-term financing for SMEs and start-ups serving the Base of the Pyramid (BoP)