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 Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Spain makes contribution to IDB’s migration initiative

March 20, 2019
Event on migration analyzes impact on Latin America MADRID - Spain has made a $5 million contribution to help the Inter-American Development Bank (IDB) tackle urgent development challenges posed by the rise of transborder migrations in Latin America and the Caribbean. The contribution was announced at the conference Migration and Cities: The Road to Inclusive Integration held March 20, 2019 in Madrid.

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.

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).

Millennials have potential that Latin America and Caribbean must not squander, says study

November 22, 2018
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

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.

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

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.