IDB Lab launches innovation challenge to revitalize tourism sector in 15 countries

June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
2020-06-16

Wikimedia Foundation joins coalition to promote transversal skills for the 21st century

May 26, 2020
Washington, D.C. – The Wikimedia Foundation, the nonprofit that operates Wikipedia, has joined the Inter-American Development Bank's (IDB) Coalition for Transversal Skills in the 21st Century, centered on ensuring inclusion, equity, and quality education in Latin American and Caribbean countries.
2020-05-26

IDB report provides policy recommendations for Caribbean to better cope with coronavirus

April 15, 2020
The economic and financial implications of the coronavirus crisis on the Caribbean is the focus of the newly released Caribbean Quarterly Bulletin of the Inter-American Development Bank (IDB). The report assesses the economic impacts of the virus on key sectors including trade and tourism, reviews policies being undertaken by governments in the region, and provides recommendations on further efforts policymakers should take in order to mitigate the economic fallout of the crisis.
2020-04-15

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB seeks to renew Central America development agenda for the next decade

February 20, 2020
The 34th meeting of governors of Central American and the Dominican Republic, to be held in El Salvador, will debate the region's new development challenges and how to address them Governors of Inter-American Development Bank member countries from Central America and the Dominican Republic will gather February 21-22 in San Salvador, the capital of El Salvador, for their 34th annual meeting to address the challenges that the region faces in this new decade.
2020-02-20

The Bahamas to promote renewable energy with IDB support

January 29, 2020
The Inter-American Development Bank (IDB) approved a US$ 170 million Conditional Credit Line for Investment Project (CCLIP) to advance deployment of renewable energy in The Bahamas along with the first operation of the CCLIP in the amount of US$ 80 million. This first operation will support the Government of the Bahamas with rehabilitation of critical energy infrastructure and restoration of electricity service in the islands affected by hurricane Dorian, while facilitating the introduction of renewable energy.
2020-01-29

IDB helps improve agricultural public services in Paraguay

December 05, 2019
The Inter-American Development Bank has approved a US$80 million credit line and an initial individual operation of US$20 million under this line to help Paraguay improve agricultural productivity through investments aimed at enhancing the government’s ability to deliver quality public services to producers. The specific goal of this first individual operation is to help boost the agricultural sector’s productivity and environmental sustainability by strengthening the country’s capacity to generate and transfer technology.
2019-12-05

Mexico invests in agricultural, inclusive and sustainable development with IDB support

December 05, 2019
The National Financial for Agricultural, Rural, Forestry and Fisheries Development will promote technological innovation projects with an impact on productivity and environmental sustainability, facilitating access to financing for the country's small and medium production units The Inter-American Development Bank (IDB) approved a conditional credit line for investment projects (CCLIP) and a first program under this credit line, in order to increase the productivity of the agricultural sector, rural financial inclusion an
2019-12-05

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.
2019-10-31

IDB supports Paraguay's program to increase productivity in the agricultural sector

October 28, 2019
New financing will increase access for eligible agricultural producers to medium and long-term loans for production, processing and marketing The Inter-American Development Bank (IDB) approved a loan of $30 million to finance a program that will contribute to increasing the productivity of the agricultural sector in Paraguay, by increasing the access of eligible agricultural producers to medium and long-term loans.
2019-10-28