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.

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.

Suriname to improve health services’ delivery with IDB support

August 29, 2018
$20 million loan will help Suriname’s health sector to deal with challenges posed by non-communicable and communicable diseases The Inter-American Development Bank (IDB) today approved a $20 million loan which will improve access to high-quality, well-integrated primary care services as well as enhance the effectiveness of Suriname’s health sector to address priority epidemiological challenges throughout the country.

IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador

October 15, 2016
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.

Germany and the IDB Enter a New Decade of Partnership

January 20, 2015
Germany and the Inter-American Development Bank (IDB) will expand their long-standing partnership into newareas of collaboration, including climate change adaptation, renewable energy and energy efficiency, and climate-resilient urban infrastructure. 

Chile to expand use of non-conventional renewable energy sources with IDB support

December 22, 2014
Arica 1 and Los Loros photovoltaic (PV) plants will eliminate an estimated 111,000 tons of greenhouse gas emissions annually Chile will expand the use of renewable resources to substitute for fossil fuel generation to meet the energy needs of its mining industry with two loans from the Inter-American Development Bank (IDB) of $27.7 million for the Arica 1 project and $25.7 million for the Los Loros project. Both projects will sell energy to the spot markets.

Peru to reduce emissions from deforestation and forest degradation with support from Norway, Germany, and the IDB

September 23, 2014
The Governments of Norway and Germany have agreed on a results-based mechanism to deter deforestation in Peru by 2021 The Governments of Peru, Norway and Germany have signed today a Letter of Intent for future collaboration for the implementation of the “Peru Results Based Initiative on REDD+ ” as a major effort for reducing emissions from deforestation and forest degradation in Peru.

Canada, IDB to co-finance climate-friendly investments in Latin America and the Caribbean

April 30, 2012
Canada commits 250 million Canadian dollars to IDB-managed Fund Canada has selected the Inter-American Development Bank (IDB) as a key partner in its Fast Start commitment to support climate change mitigation and adaptation.

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.