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.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

Suriname to improve health services’ delivery with IDB support

August 29, 2018
$20 million loan will help Suriname’s health sector to deal with challenges posed by non-communicable and communicable diseases The Inter-American Development Bank (IDB) today approved a $20 million loan which will improve access to high-quality, well-integrated primary care services as well as enhance the effectiveness of Suriname’s health sector to address priority epidemiological challenges throughout the country.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

November 17, 2016
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

The Bahamas will improve skills-based training programs to boost employment and productivity with assistance from the IDB

November 02, 2016
Program aims to increase the job prospects of unemployed youth and adults, and provide companies with skilled Bahamian workers  The Inter-American Development Bank (IDB) and the Government of the Bahamas are partnering in a new jobs initiative to increase workplace skills and improve employability among young people and adults who have had difficulty finding work.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

IDB discloses document detailing general capital increase

August 03, 2010
The Inter-American Development Bank (IDB) published today on its Web site the report that provides the strategic direction for the Bank over the next decade. The Report on the Ninth General Increase in the Resources of the Inter-American Development Bank establishes the IDB’s strategic priorities, institutional reforms and accountability for results related to the Bank’s capital increase. The report also details the financial terms and conditions to implement the general capital increase.

IDB Governors agree on financial terms for historic capital increase

July 22, 2010
Member countries provide strategic vision and accountability framework Bank will expand support to small and vulnerable countries Key goals include reducing poverty and inequality, promoting regional integration and sustainable energy, helping countries tackle climate change At the end of a 60-day voting period, the Board of Governors of the Inter-American Development Bank offered broad support for the approval of the financial terms for a $70 billion increase of the Bank’s ordinary capital.

Multilateral Development Banks (MDBs) step up their fight against corruption with joint sanction accord

April 09, 2010
LUXEMBOURG –Taking a major step in the global fight against fraud and corruption, leading Multilateral Development Banks (MDBs) today signed an agreement to cross debar firms and individuals found to have engaged in wrongdoing in MDB-financed development projects.

IDB boosts access, accountability with new policy for communities to voice concerns

February 17, 2010
The Inter-American Development Bank (IDB) approved today a new policy to establish the Independent Consultation and Investigation Mechanism. The policy will give better access to communities to express their concerns on Bank financed-projects in their countries and monitor their execution.   The new policy is part of ongoing efforts by the IDB to increase the transparency, accountability and effectiveness of its actions.