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 and Fundación FEMSA bestow water, sanitation and solid waste innovation awards

June 29, 2020
The three winners of the 2020 IDB-FEMSA Award to innovation in water, sanitation and solid waste will receive up to US $10,000 The Inter-American Development Bank and the FEMSA Foundation announced the launching of the 2020 IDB-FEMSA Awards, which since 2009 recognize the most innovative solutions in the water, sanitation and solid waste management sectors.
2020-06-29

IDB Lab launches innovation challenge to revitalize tourism sector in 15 countries

June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
2020-06-16

IDB: COVID-19 Exposes Inadequate Support for Older People

June 12, 2020
Study shows that 8 million people over age 60 in Latin America and the Caribbean depend on long-term care.  “Age with Care” provides recommendations for building strong long-term care systems.
2020-06-12

El Salvador will strengthen its public policy and fiscal management to face COVID-19

June 09, 2020
IDB loan supports the country's efforts to address health impacts and protect the income of vulnerable households in the face of the crisis, and will promote post-pandemic economic recovery The Inter-American Development Bank (IDB) approved a budget support loan to El Salvador of $250 million to strengthen the efficiency and effectiveness of public policy and fiscal management to address the health and economic crisis caused by COVID-19.
2020-06-09

IDB approves loan to address the COVID-19 pandemic in El Salvador

May 28, 2020
A budget support loan of $250 million will help finance the country's efforts to tackle the health and economic effects of the COVID-19 pandemic The Inter-American Development Bank (IDB) approved a loan of $250 million for El Salvador, under the Special Financing for Development modality, which will be used to finance measures to contain the health crisis, mitigate its impact on vulnerable households, and promoting countercyclical policies that reduc
2020-05-28

IDB Group launches new edition of Superheroes of Development awards for its clients

May 27, 2020
In its third edition, the call for proposals will be virtual and will be open from May 26 to June 29, 2020. The yearly Superheroes of Development award will once again recognize the executing agencies, borrowers or clients of projects financed by the IDB Group (which includes the Inter-American Development Bank, IDB Invest and IDB Lab) that have successfully addressed different challenges in their implementation.
2020-05-27

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

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB approves more funding for Central America and the Dominican Republic to fight COVID-19

April 17, 2020
Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.
2020-04-17