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 approves grant funds for countries receiving migrants in Latin America and Caribbean

May 07, 2019
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

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.

Bolivia will improve natural disaster risk management with IDB support

November 22, 2017
A $40 million loan will benefit 5,477 homes in the Rocha and Alpacoma basins  Bolivia will seek to improve its resilience to climate events through the reduction of risks in disaster-prone areas with a $40 million loan from the Inter-American Development Bank (IDB). 

Bolivia to improve environmental management with support from IDB

March 08, 2017
Loan of $140 million aimed at modernizing regulatory, institutional and budgetary framework Bolivia will strengthen its system of environmental management in order to promote economic growth that is compatible with environmental conservation, social development and reduction of vulnerability to global warming with a $140 million loan from the Inter-American Development Bank (IDB).

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.

Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030

December 01, 2016
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.

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.

IDB approves $100 million for rural electrification in Bolivia

September 02, 2016
Project to enhance transmission coverage, help poverty alleviation efforts The Inter-American Development Bank has approved a $100 million loan to help advance the living standards of Bolivia’s low-income households that lack or have only limited access to electricity by improving and expanding service coverage.

Bolivia will improve the management of natural disaster risks with IDB support

April 25, 2016
Bolivia will reinforce its capacity to manage the risks of natural disasters with a $100 million loan from the Inter-American Development Bank (IDB). Bolivia faces one of the highest risks of natural disasters in the Andean region. Events related to the El Niño and La Niña phenomenons have cost it between 5 and 15 percent of its Gross Domestic Product, directly affecting hundreds of thousands of people.