IDB Renews its Commitment to Support Migrant Host Countries

May 26, 2020
IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.
2020-05-26

Migrants’ Urban Integration Project in Colombia Receives Support from Korea

May 18, 2020
The Inter-American Development Bank (IDB) approved a technical cooperation of $4 million donated by the Knowledge Partnership Korea Fund for Technology and Innovation to support management and planning processes for the integration of migrants in Colombian cities, with a focus on service delivery, access to housing, and urban development scenarios for future growth. The program will be executed by the Empresa Nacional Promotora del Desarrollo Territorial (Territorial Development Promotion Company, ENTerritorio).
2020-05-18

IDB and IOM to Address Migration Challenges through New Partnership

May 13, 2020
The Inter-American Development Bank (IDB) and the International Organization for Migration (IOM) have signed a memorandum of understanding to maximize cooperation and jointly promote orderly, regular, and safe migration as an enabler of sustainable development and inclusive growth in Latin America and the Caribbean (LAC).
2020-05-13

Latin American countries discuss new migration challenges amid COVID-19

April 28, 2020
The virtual event held by the Inter-American Development Bank engaged with several immigration host countries.
2020-04-28

IDB to finance regional projects to support coordinated COVID-19 response

April 02, 2020
New submission deadline is May 15, 2020
2020-04-02

Colombia to foster migrants' urban integration with IDB, EU backing

March 11, 2020
The Inter-American Development Bank has approved a 10.2 million euro (US$11.3 million) operation to support the urban integration of migrants' in at least five Colombian cities. The program is being financed by a grant from the European Union’s Latin American Investment Fund. The non-reimbursable resources will be transferred to the government of Colombia and the program will be executed by the Empresa Nacional Promotora del Desarrollo Territorial (Territorial Development Promotion Company, ENTerritorio).
2020-03-11

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.
2019-10-25

Reducing trade costs could boost exports to Korea

October 10, 2019
Exports from Latin America and the Caribbean to Korea could grow by about US$10 billion, or 43%, if a set of reforms to reduce trade costs are implemented and bilateral cooperation reach new levels, according to a study by the Inter-American Development Bank. The report, Stepping Up Cooperation, Policy Options for Latin America and Korea, was presented during the 5th Korea-LAC Business Summit, held in Seoul, Korea, on October 7th and 8th.
2019-10-10

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.

Latin Americans express broad support for trade, survey shows

September 24, 2019
Support depends on how the information is framed, with important implications on public policies Latin Americans back more trade by big margins, though an innovative experiment finds support is fragile and may be swayed by information emphasizing negative consequences, according to a study by the Inter-American Development Bank.