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.

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.

Costa Rica will strengthen its fiscal sustainability with IDB support

July 02, 2019
A $350 million loan will contribute to controlling expenditure and modernizing the country's tax system Costa Rica will strengthen its fiscal sustainability by controlling expenditure and modernizing the tax system with a $350 million loan approved by the Inter-American Development Bank (IDB). This is the first of two operations under the programmatic policy-based loan modality.

IDB launches innovative territorial approach to address development challenges

May 09, 2019
A study entitled “Honduras: a territorial approach to development” presents for the first time a spatial economic strategy that redefines the traditional national model so as to achieve greater and more inclusive economic growth. As it marks its 60th anniversary, the Inter-American Development Bank (IDB) has presented the study "Honduras: a territorial approach to development”, which makes an innovative proposal to confront the country’s development challenges and fu

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 2019 Call for Proposals to finance regional projects in Latin America

January 16, 2019
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Internet of things to improve productivity and sustainability of trout aquaculture in Peru

December 14, 2018
A US$2 MILLION PROJECT WILL IMPROVE AQUACULTURE PRODUCERS' PRODUCTIVITY AND INCOME IN LAKE TITICACA IN PERU WHILE IMPROVING ITS SUSTAINABILITY IDB Lab, the Inter-American Development Bank (IDB) Group’s innovation laboratory, approved over US$2 million funding to support a project that will allow local small and medium-scale aquaculture producers in Lake Titicaca (Peru) to incorporate the benefits of Internet of Things (IoT) in trout farming.

Colombia to promote environmental and socio-economic sustainability with IDB assistance

December 04, 2017
A $100 million loan will help improve management of natural capital and production opportunities in 170 municipalities Colombia will promote environmental and socio-economic sustainability in 170 municipalities affected by the country’s recently-ended conflict with help from a $100 million loan approved by the Inter-American Development Bank (IDB).