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The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe.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 Lab Partners with Circulate Capital to Combat Ocean-Bound Plastics

October 25, 2021
The innovation lab for the Inter-American Development Bank (IDB) Group, IDB Lab, announces a USD$4 million investment commitment, along with an additional technical cooperation grant of $500,000, to support innovative solutions to tackle the growing problem of plastic waste ending up in the oceans and waterways of Latin America and the Caribbean (LAC).
2021-10-25

New IDB Publication Focuses on Closing the Gender Gaps in the World of Work

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.
2021-09-30

The IDB, IDB Lab and Beat join to improve the financial status of drivers

September 28, 2021
The Inter-American Development Bank (IDB), IDB Lab, and Beat, Latin America’s fastest growing ride-hailing app, announce today their official partnership in order  to promote and facilitate access to voluntary saving mechanisms for independent workers across four countries in Latin America.
2021-09-28

IDB supports private participation arrangements in Colombia’s infrastructure

June 10, 2021
The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing and foster conditions conducive to economic recovery following the COVID-19 pandemic. The operation seeks to consolidate the government’s capacity to promote private participation arrangements in economic and social sectors given the new scenario of budgetary and financing constraints for the expansion of Colombia’s infrastructure.
2021-06-10