Inter-American Development Bank to hold Annual Meeting in Barranquilla, Colombia

December 17, 2019
Online media registration is available for March 18-22 gathering of Latin American and Caribbean leaders The Inter-American Development Bank and IDB Invest will hold its Annual Meeting in Barranquilla, Colombia on March 18-22, with economic and financial leaders from its 48 member countries looking to make economic growth mor

Latin American and the Caribbean Exports Fall After Two Years of Growth

December 12, 2019
The value of exports from Latin America and the Caribbean will decrease by 2.4 percent in 2019 after two years of robust growth, according to a new report by the Inter-American Development Bank that analyzes the trade performance of 25 countries in the region.

IDB announces Green Bond Transparency Platform at COP25

December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.

Reducing Trade Costs Could Increase commerce with Asia by US$69 billion: IDB Report

December 09, 2019
Exports from Latin America and the Caribbean to Asia could grow 27 percent in the medium term if trade costs associated with tariffs, transportation, and logistics are reduced, according to a new report from the Inter-American Development Bank.

Trade liberalization has boosted Latin American and Caribbean economies, IDB study finds

November 25, 2019
However, governments need to do more to shore up support for trade and ensure benefits are more widely attained Latin America and the Caribbean region saw faster economic and wage growth thanks to a lowering of trade barriers, a new report by the Inter-American Development Bank shows. The study also provides policy recommendations to ensure the region is better positioned to take advantage of trade liberalization and make its benefits more tangible to citizens.

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.

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, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform

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.

IDB Group and SoftBank Group Partner to Assist Startups in Latin America and the Caribbean

September 27, 2019
The Inter-American Development Bank Group (IDB) and SoftBank Group International have announced a partnership at the IDB’s 60th anniversary seminar to support the development of the startup ecosystem in Latin America and the Caribbean. The memorandum of understanding outlines plans to share regional and technical knowledge, as well as co-investment opportunities for growth- and late-stage companies.