New Study Reveals Women Entrepreneurs in STEM in LAC are on the Rise

January 23, 2020
The study commissioned by the IDB Lab also shows that 54% of women entrepreneurs in STEM have raised capital Women entrepreneurs in science, technology, engineering and mathematics are on the rise in Latin America and the Caribbean, with 54% successfully raising angel or venture capital and almost 80% planning on scaling up their company internationally in the next five years, according to the new study “wX Insights 2020: The Rise

IDB announces Green Bond Transparency Platform at COP25

December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.

The Government of France becomes founding donor of the IDB´s Natural Capital Lab

December 02, 2019
The Government of the France will contribute €24 million to the Natural Capital Lab of the Inter-American Development Bank, becoming its founding donor. France´s Secretary of State to the Minister for the Ecological and Inclusive Transition, Brune Poirson, and IDB President Luis Alberto Moreno today signed the establishment of the initiative on the sidelines of Chile COP25 in Madrid, Spain.

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.

Public and private-sector leaders highlight IDB’s role in transforming the region

September 27, 2019
The IDB invited leaders from across the region to celebrate its 60th anniversary Washington, D.C. -- The Inter-American Development Bank (IDB) today concluded its official 60th anniversary celebration with a “Voices for Development” seminar, where leaders discussed the importance of women’s empowerment, sustainable infrastructure and the challenges that the digital revolution represents for institutions.

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.

First quarter exports from Latin American and Caribbean fall: IDB report

June 18, 2019
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

The IDB supports Chile in a sovereign green bond development

May 31, 2019
The Inter-American Development Bank (IDB) announced today that it has supported the Government of Chile in the preparation of the documentation and necessary certification for the issuance of a sovereign green bond.

IDB highlights strengths of Central America in the face of external economic challenges

April 03, 2019
Two new studies on the region examine the current economic landscape and the work that the IDB Group has carried out over the last year. The economy of Central America and the Dominican Republic has continued to grow over the past year, although at significantly different rates depending on the country. For 2018, growth is estimated at 3.8 percent, a level similar to that of 2017, thanks to a robust economic performance by the region´s main trading partner, the United States.