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The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe.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

The IDB, Spain’s Ministry of Justice, and Casa de America Discuss Justice and Gender

March 11, 2022
An event held at Casa de America in Madrid was organized as part of International Women’s Day and explored how to work toward a more just, equitable future in Latin America and the Caribbean. Recently, a Memorandum of Understanding formalized cooperation between Spain’s Ministry of Justice and the Inter-American Development Bank (IDB). Event participants included Spain’s Minister of Justice, Pilar Llop; IDB Chief of Staff and Chief Strategy Officer, Jessica Bedoya; Prosecutor from the Office of the Public Prosecutor for Violence against Women
2022-03-11

Korea Contributes $4 Million to IDB Fund to Strengthen Public Sector Capacity

March 01, 2022
Korea-IDB partnership to expand with a new contribution to the Korea Public Capacity Building Fund (KPC) managed by the IDB. This contribution is the first installment of a $20 million pledge made by Korea to the KPC in late 2021.
2022-03-01

Israel Commits to IDB Cybersecurity Initiative in Latin America and the Caribbean

February 24, 2022
This $2 million grant by Israel will establish a new IDB led cybersecurity initiative in the region Israeli former Cyber Director General Yigal Unna met with IDB President Claver-Carone in 2021 to explore opportunities to expand Israel’s support for LAC’s cybersecurity transformation which began in 2016. The Government of Israel, through its Ministry of Finance (MoF) and the National Cyber Directorate (INCD) have joined the Inter-American Development Bank (IDB) to establish a new cybersecurity initiative.
2022-02-24

IDB, IDB Invest and University of the West Indies Sign Landmark Agreement

December 09, 2021
​​​​​Latin America and Caribbean’s leading development bank and one of its top universities to pursue joint research, initiatives, and exchange to help drive economic and social recovery and growth in region. Innovation; digital transformation and inclusion; climate action and resilience are priority areas for expanded collaboration. New phase of cooperation aims to establish UWI as a key academic partner f
2021-12-09

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 and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 07, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig
2021-11-08