IDB Lab launches innovation challenge to revitalize tourism sector in 15 countries

June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
2020-06-16

Wikimedia Foundation joins coalition to promote transversal skills for the 21st century

May 26, 2020
Washington, D.C. – The Wikimedia Foundation, the nonprofit that operates Wikipedia, has joined the Inter-American Development Bank's (IDB) Coalition for Transversal Skills in the 21st Century, centered on ensuring inclusion, equity, and quality education in Latin American and Caribbean countries.
2020-05-26

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB Group and MIT Solve announce 10 finalist solutions of the Rethink Plastics Challenge

March 04, 2020
Winners will receive up to US$60,000 in cash prizes and the opportunity to have a pilot of up to US$250,000 with the IDB Group. The IDB Group, formed by the Inter-American Development Bank,
2020-03-04

IDB seeks to renew Central America development agenda for the next decade

February 20, 2020
The 34th meeting of governors of Central American and the Dominican Republic, to be held in El Salvador, will debate the region's new development challenges and how to address them Governors of Inter-American Development Bank member countries from Central America and the Dominican Republic will gather February 21-22 in San Salvador, the capital of El Salvador, for their 34th annual meeting to address the challenges that the region faces in this new decade.
2020-02-20

Colombia launches inclusive employment program to facilitate access to jobs

December 11, 2019
Program for $25 million will include grants from the Government of Switzerland the IDB and the Government of Spain Employability in Colombia will improve with a new program that seeks to bolster employment services, provide better job training and broaden the scope of competency-based certification, among other measures.
2019-12-11

Damages and other impacts on Bahamas by Hurricane Dorian estimated at $3.4 billion: report

November 15, 2019
GREAT ABACO, The Bahamas – A new report estimates the total cost of the impacts and effects of Hurricane Dorian on The Bahamas at $3.4 billion, with hundreds dead or missing and impacts on the economy that will last for years.
2019-11-15

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.
2019-10-31

IDB Lab, CIAT and SoftBank partner to promote smart rice farming in Colombia

October 28, 2019
The Inter-American Development Bank, through its innovation lab – IDB Lab, approved US$2 million funding for a project that will improve the productivity and sustainability of rice farming in Colombia The project, led by the International Center for Tropical Agriculture (CIAT), will implement a new technological solution called “e-kakashi,” a service that combines internet of things (IoT), big data, artificial intelligence (AI) and cyber physical systems (CPS) to transform agriculture into a real-time, data-driven science.
2019-10-28

IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform
2019-10-18