CARPHA receiving additional support to fight COVID-19

May 15, 2020
The Inter-American Development Bank (IDB) has approved a US$750,000 (TT$5.1 million) grant to support the Caribbean Public Health Agency (CARPHA) in the coordination of the regional health response to the coronavirus (COVID-19) pandemic. The grant is being financed by the IDB Japan Special Fund which was first established in 1988 by the Government of Japan to foster social and economic growth throughout the IDB’s borrowing member countries.
2020-05-15

Japan's Government Pension Investment Fund to Support IDB Social Projects

January 15, 2020
The Inter-American Development Bank (IDB) and Japan’s Government Pension Investment Fund (GPIF) have partnered to promote and develop socially responsible capital markets through investments in IDB Social Bonds focused on Education-Youth-Employment (EYE).
2020-01-15

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 launches coalition to promote cross-cutting skills in the 21st century

October 21, 2019
Today, the Inter-American Development Bank (IDB), together with 22 partners from the public and private sector, announced the launch of a 21st century skills coalition that will support the implementation of a new generation of education and training policies in Latin America and the Caribbean. This coalition will provide more than US$34.7 million in funding to support projects that will promote these skills among children and youth in the region.
2019-10-21

IDB Group and MAS collaborate to promote inclusive financial services

November 13, 2018
The alliance will allow Latin American and Caribbean financial entities to benefit from the innovations in regulation, knowledge and networks of the Asian country, world leader in Fintech The Inter-American Development Bank (IDB) Group, led by IDB Lab – the Group’s innovation laboratory – and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to collaborate on projects and initiatives that will foster innovation in financial services in the Latin America and the Caribbean (LAC) and ASEAN regions.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

August 09, 2018
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

Italy to contribute to IDB Transparency Fund

January 24, 2018
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million.