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.

Colombia issues first energy savings insurance policies

February 13, 2019
SMALL AND MEDIUM ENTERPRISES ACCESS TO POLICIES TO GUARANTEE ENERGY SAVING IN INVESTMENT PROJECTS FOR MORE EFFICIENT TECHNOLOGIES With the support of the Inter-American Development Bank, and in collaboration with BANCOLDEX, Colombia has become the first country in Latin America and the Caribbean to issue energy saving policies under the Energy Savings Insurance Program (ESI) in benefit of five small and medium-si

Brazil to improve municipal infrastructure with IDB support

December 03, 2018
INVESTMENTS OF $600 MILLION CHANNELED BY BANCO DO BRASIL WILL BE AVAILABLE TO MUNICIPALITIES WITH A POPULATION OF UP TO 500,000 The Inter-American Development Bank (IDB) has approved a $600 million multisectoral loan to Banco do Brasil to improve the efficiency of road, water, energy and public services infrastructure in small and medium-sized cities.

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

IDB finances innovative early childhood development program in Brazil for the base of the pyramid

January 19, 2012
As many as 224,000 low-income pre-school children expected to benefit from educational materials and training provided by PUPA Pupa Empreendimentos Educacionais e Representacao Ltda, a new social business launched by Brazil’s Zoom Editora, will use a $3 million loan from the Inter-American Development Bank (IDB) to roll out an innovative early childhood development program that will benefit as many as 224,000 low-income pre-school children in Brazil.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Sao Paulo’s low income food-services microentrepreneurs to increase their access to credit

December 06, 2010
The Inter-American Development Bank approved a $10 million loan to help major wholesale distributor Tenda Atacado, Ltda. enhance its credit program for low income microentrepreneurs in the food services sector in the state of Sao Paulo, Brazil.

IDB fund to invest in groundbreaking microinsurance venture

December 11, 2006
The Inter-American Development Bank today announced its Multilateral Investment Fund (MIF) will invest $3 million in ParaLife, a new micro-insurance venture established to provide life insurance to people with disabilities, low-income families and microentrepreneurs in Latin America. The micro-insurance project reflects the principles of the IDB’s Opportunities for the Majority initiative, which seeks to expand low-income people’s access to wealth-building tools and services such as microcredit, housing, job-training and entrepreneurship opportunities.

Latin America needs microeconomic reforms to expand its middle class, Bill Clinton says

June 13, 2006
Latin America should carry out microeconomic reforms to clear the path for more poor people to join the middle class, instead of locking itself in a debate over fiscal discipline and social spending, former U.S. president Bill Clinton said today. In a public dialogue with the president of the Inter-American Development Bank, Luis Alberto Moreno, Clinton also commented on current issues such as immigration, alternative energy sources, climate change and the fight against AIDS.

IDB launches initiative to generate economic opportunities for majority in Latin America and the Caribbean

June 06, 2006
Inter-American Development Bank President Luis Alberto Moreno today unveiled an initiative aimed at generating economic opportunities for low-income people in Latin America and the Caribbean, who make up a majority of the region’s population. In a briefing held at the IDB’s headquarters in Washington, D.C. and transmitted to field offices across the region, Moreno explained that the Building Opportunities for the Majority initiative will seek innovative solutions to help low-income people develop their economic potential and accumulate assets.