IDB Launches Pivot Movement to Strengthen Caribbean Innovation

September 03, 2020
The Inter-American Development Bank (IDB) has launched the Pivot Movement to harness the most innovative ideas for Caribbean development and create a plan for the future of the region. The Movement includes a crowdsourcing contest and an event. Pivot Search is the crowdsourcing platform to receive new development ideas. It runs from September 2 to September 18, with a $5000 cash prize for each of the three winners.
2020-09-03

World Water Week 2020: the IDB leads the Focus on Latin America and the Caribbean

August 25, 2020
The IDB leads the Focus on Latin America and the Caribbean at the most important global meeting of the water and sanitation sector, with a call to mitigate the effects of change climate The World Water Week, sponsored by the Stockholm International Water Institute, the most important global meeting of the year for the water and sanitation sector, began with a call to take concrete and decisive actions to mitigate the effects of climate change and its consequences on the availability of water resources for the present and the future.
2020-08-25

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

The IDB and the Government of Sweden Launch Innovative Portfolio Guarantee in Guatemala

May 27, 2020
The Inter-American Development Bank (IDB) and the Government of Sweden have signed an agreement that establishes an innovative risk transfer mechanism to support development in Latin America and the Caribbean (LAC). The instrument will provide a Guarantee of up to $100 million from Sweden, enabling the IDB to increase lending up to $300 million for new projects in Bolivia, Colombia, and Guatemala.
2020-05-27

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 Group and MIT Solve announce 10 finalist solutions of the Rethink Plastics Challenge

March 04, 2020
Winners will receive up to US$60,000 in cash prizes and the opportunity to have a pilot of up to US$250,000 with the IDB Group. The IDB Group, formed by the Inter-American Development Bank,
2020-03-04

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.
2019-10-21

IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform
2019-10-18

Public and private-sector leaders highlight IDB’s role in transforming the region

September 27, 2019
The IDB invited leaders from across the region to celebrate its 60th anniversary Washington, D.C. -- The Inter-American Development Bank (IDB) today concluded its official 60th anniversary celebration with a “Voices for Development” seminar, where leaders discussed the importance of women’s empowerment, sustainable infrastructure and the challenges that the digital revolution represents for institutions.

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.