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.

IDB and GCF partnership set to implement projects in Argentina and Paraguay

March 19, 2019
The Inter-American Development Bank (IDB) received the first tranche of the financial contribution from the Green Climate Fund (GCF) this week. The funds will be used to start implementation of the projects “Promoting risk mitigation instruments and finance for renewable energy and energy efficiency investments” in Argentina and “Promoting Private Sector Investments in Energy Efficiency in the Industrial Sector” in Paraguay.

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).

IDB supports program in Paraguay to modernize the Acaray hydroelectric power plant

November 29, 2018
Plan will extend the working life of the only wholly state-owned dam in Paraguay and boost its availability, reliability and generating capacity   The Inter-American Development Bank (IDB) has approved $125 million in financing requested by Paraguay in support of a program to upgrade and modernize Acaray, the country's only 100 percent state-owned hydroelectric power plant, which was built with IDB support and is almost 50 years old.  

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.

Paraguay to promote private sector investments in energy efficiency with IDB support

July 26, 2018
The $20 million loan with Green Climate Fund resources will scale up the small and medium enterprises investments in energy efficiency in the industrial sector Paraguay will promote improved long-term productivity and energy efficiency investments by Small and Medium Enterprises (SMEs), with a $20 million loan approved by the Inter-American Development Bank (IDB).

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.

IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador

October 15, 2016
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.

JICA and the IDB to Fund Energy and Infrastructure, Expanding their Co-financing Arrangement to $3 Billion

April 09, 2016
Regional Program Will Triple Current Target and Extend Its Reach throughout the Americas NASSAU, Bahamas - Through a new agreement with the Inter-American Development Bank (IDB), the Japan International Cooperation Agency (JICA) will invest a total of $3 billion in Latin America and the Caribbean to support renewable energy and energy efficiency projects, as well as quality infrastructure projects related to energy savings.