IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Sustainable growth, infrastructure focus of IDB Annual Meeting in Chengdu, China

February 19, 2019
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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.

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.

IDB approves $153 million in loans to set up IDB-China Eximbank Equity Investment Platform

November 29, 2012
The Inter-American Development Bank (IDB) has approved as much as $153 million in loans for the establishment of a new equity investment platform for Latin America and the Caribbean in partnership with the Export-Import Bank of China (China Exim).

Guatemala to strengthen fiscal management with IDB financing

August 31, 2012
The program will support reforms to generate more tax revenues and regulate national and municipal debt Guatemala will receive $237.2 million in financing from the Inter-American Development Bank (IDB) to consolidate fiscal management and sustainability by supporting reforms that will help increase tax revenues, strengthen tax administration, and regulate national and municipal debt.

IDB, China Eximbank further advance in the creation of equity investment platform for Latin America and the Caribbean

March 19, 2012
MONTEVIDEO, Uruguay – The Inter-American Development Bank (IDB) and the Export-Import Bank of China (China Eximbank) are advancing in the creation of an investment platform for Latin America and the Caribbean that will mobilize as much as $1 billion for equity investments to promote sustainable economic development in the region.

Report: weak dollar, inflation blunting purchasing power of remittances

March 14, 2011
After stabilizing in 2010, money transfers to Latin America and the Caribbean are poised to rise this year, according to the MIF Remittances to Latin America and the Caribbean are likely to rise this year after stabilizing during 2010, although a weaker dollar and higher inflation are reducing their purchasing power in many countries, according to the Inter-American Development Bank’s Multilateral Investment Fund (MIF).

IDB Board of Governors receives General Capital Increase document for formal vote

May 21, 2010
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.