IDB announces selected proposals of its "Bootcamps for Tech Fans” challenge

June 06, 2019
Fifty-seven proposals were submitted, and the entities selected will benefit people in Central America, Colombia, Mexico and Venezuela. IDB Lab, the IDB's innovation laboratory, has announced the two proposals selected to implement the best and most innovative Ready-to-Work Bootcamp models aimed at closing the skills gap of our future workforce in Latin America and the Caribbean, especially of people in vulnerable circumstances.

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.

Quality expenditure and digitalization, priorities for Central America, Dominican Republic

February 15, 2019
The IDB brings regional Governors to its Washington, D.C. headquarters to consider policy options to speed up growth and reduce poverty The Governors of the Inter-American Development Bank’s (IDB), Central American Isthmus and the Dominican Republic held their 33rd Annual Meeting to discuss options to achieve higher growth rates and foster productive activities in the years to come. The region grew 3.8 percent in 2018, way above the 1.1 percent average for Latin America and the Caribbean as a whole. In addition, it is expected to grow 4.2 percent in 2019.

IDB and CDB to expand the Sustainable Energy Facility (SEF) for the Eastern Caribbean

December 17, 2018
US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations.  It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

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.

Colombia, Mexico, Brazil and Argentina win the Gobernarte 2018 Award with innovative ideas

August 29, 2018
The fifth edition of the "Gobernarte - Premio Eduardo Campos" contest of the Inter-American Development Bank (IDB), identified innovative ideas in the area of citizen participation and digital citizenship from the subnational governments of Bogotá, Colombia; Puebla, Mexico; Sao Paulo, Brazil; and Cordoba, Argentina.

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.

Mexico to increase geothermal energy generation with IDB support

August 06, 2018
US$108.6 million loan will help diversify the country’s energy matrix and reduce its dependence on fossil fuels The Inter-American Development Bank (IDB) has approved a modification of a loan totaling US$108.6 million that aims to increase private investment in electricity generation projects from geothermal sources, putting at the developers’ disposal a number of financial mechanisms tailored to meet the specific needs of each project at every step of their development.

Crime exacts steep social, public and private costs in Latin America and Caribbean: IDB study

February 03, 2017
Annual costs of crime and violence estimated at $261 billion for region; impacts vary among and within countries Violence and crime impacts much higher than for developed nations Report calculates foregone income of murder victims, imprisoned individuals A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at $261 bill

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.