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 approves three operations for Honduras totaling US$134.7 million

December 12, 2019
Digital transformation, rural and productive development programs in the Dry Corridor, and improvement of the climatic resilience of forests will be financed through loans and donations Digital transformation for increased competitiveness
2019-12-12

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 Blue Tech Challenge with up to US$2M in funding for Blue Economy proposals

September 24, 2018
The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility, which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to contribute to the sustainable management of oceans, marine ecosystems and coastal resources.

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.

Belize to reduce climate vulnerability with IDB assistance

December 06, 2017
US$10 million loan to benefit 103,503 people in Belize City and Caye Caulker Belize will seek to reduce its vulnerability to climate change and risk with the implementation of climate resilience measures in the tourism sector and the improvement of disaster risk management governance, through a US$10 million loan from the Inter-American Development Bank (IDB). The project is expected to directly or indirectly benefit 103,503 people living in Belize City and Caye Caulker.

IDB, Government and private sector discuss ways to ensure Belize’s sustainable development

July 28, 2017
Belize City, Belize– Top executives from the Inter-American Development Bank (IDB) visited Belize this week to discuss with key government officials and representatives of the private sector ways of deepening their partnership and cooperation to ensure the country’s sustainable development.

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Honduras to improve sustainable management of forests with loan from IDB

December 15, 2016
Honduras will improve management of its forests with a $25 million loan from the Inter-American Development Bank (IDB). The project is aimed at the recovery of forests affected by weevils, strengthening the system of forest protection and enhancing access to financing linked to fighting global warming. The white pine weevil is a bark-stripping pest that devastates vast areas of forest.