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 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.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

IDB approves $40 million to strengthen financial safety net and improve access to financing in Honduras

November 30, 2011
The Inter-American Development Bank (IDB) approved $40 million to strengthen the stability of the financial system and expand access to financial services in Honduras.

Report: weak dollar, inflation blunting purchasing power of remittances

March 14, 2011
After stabilizing in 2010, money transfers to Latin America and the Caribbean are poised to rise this year, according to the MIF Remittances to Latin America and the Caribbean are likely to rise this year after stabilizing during 2010, although a weaker dollar and higher inflation are reducing their purchasing power in many countries, according to the Inter-American Development Bank’s Multilateral Investment Fund (MIF).

IDB supports Honduran fiscal reform

November 10, 2010
The Inter-American Development Bank (IDB) approved $45.8 million in financing to support Honduras’ fiscal reform, which seeks to bolster macroeconomic stability and restore sustainable growth by modernizing the tax system and improving state utility revenues.

IDB Board of Governors receives General Capital Increase document for formal vote

May 21, 2010
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.

IDB sees turning point in remittances to Latin America and the Caribbean

May 06, 2010
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.  

MIF, IIC, investors, launch new lending facility for microfinance

March 20, 2010
CANCÚN, Mexico – The Inter-American Development Bank’s Multilateral Investment Fund (MIF), the Inter-American Investment Corporation (IIC), the Corporación Andina de Fomento (CAF), and private investors today signed documents launching the Microfinance Growth Fund (MIGRoF), a new lending facility for microfinance institutions in Latin America and the Caribbean.

Juscelino Kubitschek Award receives nominations from 144 institutions

April 20, 2009
The first Juscelino Kubitschek Award, created by the Inter-American Development Bank (IDB) to recognize institutions that have made a significant contribution to social and economic development in Latin America and the Caribbean, has drawn nominations from 144 organizations in the Americas and Europe.