IDB approves three operations for Honduras totaling US$134.7 million

December 12, 2019
Digital transformation, rural and productive development programs in the Dry Corridor, and improvement of the climatic resilience of forests will be financed through loans and donations Digital transformation for increased competitiveness

IDB helps improve agricultural public services in Paraguay

December 05, 2019
The Inter-American Development Bank has approved a US$80 million credit line and an initial individual operation of US$20 million under this line to help Paraguay improve agricultural productivity through investments aimed at enhancing the government’s ability to deliver quality public services to producers. The specific goal of this first individual operation is to help boost the agricultural sector’s productivity and environmental sustainability by strengthening the country’s capacity to generate and transfer technology.

Mexico invests in agricultural, inclusive and sustainable development with IDB support

December 05, 2019
The National Financial for Agricultural, Rural, Forestry and Fisheries Development will promote technological innovation projects with an impact on productivity and environmental sustainability, facilitating access to financing for the country's small and medium production units The Inter-American Development Bank (IDB) approved a conditional credit line for investment projects (CCLIP) and a first program under this credit line, in order to increase the productivity of the agricultural sector, rural financial inclusion an

Damages and other impacts on Bahamas by Hurricane Dorian estimated at $3.4 billion: report

November 15, 2019
GREAT ABACO, The Bahamas – A new report estimates the total cost of the impacts and effects of Hurricane Dorian on The Bahamas at $3.4 billion, with hundreds dead or missing and impacts on the economy that will last for years.

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB supports Paraguay's program to increase productivity in the agricultural sector

October 28, 2019
New financing will increase access for eligible agricultural producers to medium and long-term loans for production, processing and marketing The Inter-American Development Bank (IDB) approved a loan of $30 million to finance a program that will contribute to increasing the productivity of the agricultural sector in Paraguay, by increasing the access of eligible agricultural producers to medium and long-term loans.

IDB Lab, CIAT and SoftBank partner to promote smart rice farming in Colombia

October 28, 2019
The Inter-American Development Bank, through its innovation lab – IDB Lab, approved US$2 million funding for a project that will improve the productivity and sustainability of rice farming in Colombia The project, led by the International Center for Tropical Agriculture (CIAT), will implement a new technological solution called “e-kakashi,” a service that combines internet of things (IoT), big data, artificial intelligence (AI) and cyber physical systems (CPS) to transform agriculture into a real-time, data-driven science.

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.

IDB supports Uruguay’s investment, trade and innovation modernization program

September 12, 2019
The Bank approved a second operation under the deferred drawdown modality aimed at consolidating the country’s economic internationalization process The Inter-American Development Bank approved a $250 million loan to finance the second phase of Uruguay’s Investment, Trade and Innovation Framework Modernization Program. The overall objective of the program is to modernize the normative-institutional framework of investment, trade and innovation to consolidate the country’s international insertion process.