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.

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.

IDB and Switzerland Partner to Address Migration Challenges in Colombia

September 27, 2019
Switzerland Contributes $7.5 Million to the IDB’s Migration Initiative During the 60th Anniversary Celebration of the Inter-American Development Bank (IDB), the Government of Switzerland announced a contribution of up to $7.5 million to the IDB’s Migration Initiative to help address the development challenges posed by sudden and large migration inflows in Latin America and the Caribbean.

IDB 60th anniversary activities begin with business summit focused on development themes

September 26, 2019
The Inter-American Development Bank kicked off its 60th anniversary celebrations with a Business Summit in Washington on the transformational innovations taking place in Latin America and the Caribbean, the region’s insertion into the digital economy, and the challenges of building sustainable infrastructure.

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.

IDB and Calvert Foundation partner to fuel small business growth in Latin America and the Caribbean

November 18, 2015
Innovative partnership enables U.S. individuals to invest in small and medium enterprises in the region The Inter-American Development Bank (IDB) and Calvert Foundation announced today the lauch of the Inter-American Opportunity Facility (IOF), a groundbreaking $20 million investment partnership designed to reduce poverty and promote economic growth at the base of the economic pyramid.

IDB loan to to benefit low-income public-sector employees in Colombia

July 07, 2014
Financing will enable Bayport Colombia to scale its existing portfolio and provide credit for home improvements, working capital, education, health, and agricultural expenses A loan of $15 million from the Inter-American Development Bank's Opportunities for the Majority (OMJ) sector to Bayport Colombia, S.A.S., a non-bank financial intermediary that focuses on rural areas and financial inclusion for families at the base of the socio-economic pyramid (BOP), will provide financing for a variety of needs for low-income populations throughout the country.

New IDB study reveals success factors in business models for low-income family housing

June 25, 2014
Report outlines innovative schemes that invigorate the market, with private sector participation

Colombia to increase access to credit for vulnerable populations in Atlantic and Pacific regions with IDB support

November 19, 2013
$20 million will support Brilla program developed by Promigas S.A. With a loan of $20 million from the Inter-American Development Bank (IDB), up to 1.4 million families will benefit from expanded access to credit for the purchase of household appliances, school supplies and financing for technical education in Colombia.

IDB promotes socially inclusive businesses

June 06, 2013
At a conference on the base of the pyramid market held in Medellin  MEDELLIN, Colombia – Latin America and the Caribbean’s 400 million people-strong, modest income majority has a collective purchasing power of $500 billion a year, said Inter-American Development Bank President Luis Alberto Moreno today at a conference on the region’s base of the pyramid market.