MDB climate finance in low and middle-income countries reaches US$41.5 billion in 2019

August 06, 2020
THE 2019 REPORT COVERS FOR THE FIRST TIME MDBs' CLIMATE FINANCE ACROSS ALL COUNTRIES Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance.
2020-08-06

IDB report urges multidimensional approach to improve inclusive and sustainable growth

August 05, 2020
Latin America and the Caribbean will need a multidimensional approach to boost inclusive growth in the midst of the pandemic, taking into account factors that range from fiscal and monetary policy to climate change, among others, according to a new report by Inter-American Development Bank.
2020-08-05

WeXchange launches Annual Competition for Women Entrepreneurs in STEM

August 03, 2020
The WeXchange Women STEMpreneurs Competition, for high-growth women entrepreneurs in STEM in Latin America and the Caribbean, will be receiving applications until August 23. IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) group, has announced the launch of its eight edition of WeXchange, the largest forum that connects Latin America and the Caribbean (LAC) women entrepreneurs in Science, Technology, Engineering and Mathematic
2020-08-03

Infrastructure transformation will generate big windfall for Latin America and Caribbean

July 30, 2020
Infrastructure will be key to spur post-pandemic recovery New study shows how smart infrastructure investments benefit poor households the most Flagship report analyzes policy options for infrastructure that bring about climate-friendly reforms and address social expectations A new report by the Inter-American Development Bank charts a course for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficie
2020-07-30

Gender, environment and social safeguards are good for bottom line, IDB studies show

July 10, 2020
Best practices in social and environmental safeguards become more urgent during pandemic Two new studies by the Inter-American Development Bank show the positive financial impacts for investors, companies and banks that take gender, environmental and social factors into their decision-making.
2020-07-10

IDB report urges new social compact to spur growth, tackle pandemic and inequity

July 07, 2020
Careful sequencing of fiscal policies is key to growing sustainably and equitably after the pandemic Latin America and the Caribbean needs a new social compact of economic policies to ensure more inclusive growth following the pandemic, according to a new report by the Inter-American Development Bank (IDB).
2020-07-07

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

IDB launches second phase of consultations on Environmental and Social Policy Framework

July 06, 2020
The Inter-American Development Bank (IDB) is launching a second and final phase of public consultations for its new Environmental and Social Policy Framework on July 6, 2020 and invites all interested stakeholders to examine and comment on the revised draft of this policy framework proposal.
2020-07-06

IDB expands coverage for COVID-19 and public health risks in contingent loans

June 09, 2020
The Inter-American Development Bank (IDB) is expanding the risks covered under the Contingent Credit Facility for Natural Disaster Emergencies (CCF) to include public health risks and COVID-19.
2020-06-09

Latin America and Caribbean: Tax revenue under threat amid deteriorating regional outlook

May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
2020-05-07