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.

The IDB honors Peruvian chef Gastón Acurio

May 21, 2019
The ambassador of Peruvian cuisine will deliver the Cátedra Enrique Iglesias of Culture and Development on May 21, 2019. The Inter-American Development Bank (IDB) announced today that the chef Gastón Acurio was recognized with the Cátedra Enrique V. Iglesias of Culture and Development. This award was created by the organization to distinguish those who have excelled in their work of promoting the progress of Latin America and the Caribbean through the arts and culture.

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.

IDB launches cartoon and illustration contest on the future of work

February 25, 2019
The competition seeks the most creative cartoonists and illustrators in Latin America and the Caribbean; entries accepted through March 31, 2019 The Inter-American Development Bank (IDB) announces the launching of its third edition of the Cartoon and Illustration Contest under the theme The Future of Work.

Quality expenditure and digitalization, priorities for Central America, Dominican Republic

February 15, 2019
The IDB brings regional Governors to its Washington, D.C. headquarters to consider policy options to speed up growth and reduce poverty The Governors of the Inter-American Development Bank’s (IDB), Central American Isthmus and the Dominican Republic held their 33rd Annual Meeting to discuss options to achieve higher growth rates and foster productive activities in the years to come. The region grew 3.8 percent in 2018, way above the 1.1 percent average for Latin America and the Caribbean as a whole. In addition, it is expected to grow 4.2 percent in 2019.

IDB launches Blue Tech Challenge with up to US$2M in funding for Blue Economy proposals

September 24, 2018
The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility, which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to contribute to the sustainable management of oceans, marine ecosystems and coastal resources.

Challenges and opportunities for creative entrepreneurs revealed in IDB study

September 13, 2018
Launching an Orange Future analyzes the situation of creative and cultural entrepreneurs in the region Around 70% of creative entrepreneurships fail because of bad financial planning, lack of understanding of the market and poor cash flow, according Launching an Orange Future, the new e-book released by the Inter-American Development Bank (IDB) in collaboration with the Failure Institute.

Ecuador to renovate, strengthen its electric system with IDB support

September 05, 2018
The Inter-American Development Bank (IDB) has approved a $100 million loan to help Ecuador revamp, repower and improve the reliability of its electric system. The loan will provide continuity to the IDB’s support to Ecuador’s power sector, contributing to the government’s efforts to promote investments to strengthen the National Interconnected System. This operation focuses on equipment renewal, replacement and repowering in both the national transmission and distribution systems. It will also help strengthen management and planning capabilities.

Barranquilla, Colombia to host Foromic 2018

August 30, 2018
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

August 09, 2018
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.