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.

Advances in key fiscal expenditure to finance climate change

August 29, 2019
SANTIAGO, Chile – Advances on the basic elements to build a methodology that identifies public spending on climate change and produces information for decision makers, has been the main result of a regional workshop conducted by the Inter-American Development Bank (IDB) and the Ministry of Finance of Chile, in collaboration with regional and international institutions and with governments of Latin America and the Caribbean. 

Study analyzes challenges faced by Central America as it seeks sustainable development

July 19, 2019
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

MDB climate finance hit record high of $43.1 billion in 2018

June 13, 2019
An increase of over 22 percent on the previous year, boosting projects that help developing countries and emerging economies cut emissions and address climate risks – joint report.

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.

International BASE Forum conference to focus on the business potential of the low-income market in Mexico

June 03, 2015
Inter-American Development Bank (IDB) to bring together business leaders, financial institutions, investors and government officials during the BASE III International Forum from June 29 to July 1 in the Centro Banamex in Mexico City

Low-income housing market offers new business opportunities in Mexico

May 12, 2015
Growth of the housing market for low-income people in México will be a central theme during the BASE III Forum International, to be held in Mexico City June 29-July 1 The Inter-American Development Bank (IDB) estimates that the housing market for the base of the pyramid in México –those people whose income is below $10 a day– grew 25 percent between 2000 and 2010, reaching $40 billion annually. Mexicans spend more on housing (24 percent of their total spending) than on anything other than food.

IDB to support BOP families in the Dominican Republic with access to credit for home improvements

February 05, 2015
Loan of up to $5 million has mobilized an additional $5 million through a B-loan syndication The Inter-American Development Bank (IDB) has approved a loan of up to $5 million to Banco Multiple Ademi, a leading financial institution in the Dominican Republic with 60 percent of the microfinance market share, for on-lending to an estimated 5,000 Base of the Pyramid (BOP) families in need of home improvement financing.

New IDB study reveals success factors in business models for low-income family housing

June 25, 2014
Report outlines innovative schemes that invigorate the market, with private sector participation

IDB to help finance student loans in six Latin American countries

February 01, 2012
IDB loan to Higher Education Finance Fund will pave the way for increased student loans in Guatemala, Honduras, Dominican Republic, Peru, Bolivia, and Paraguay The Inter-American Development Bank (IDB) will help expand the access to higher education in Latin America and the Caribbean by providing a $10 million loan to the Higher Education Finance Fund, L.P. (HEFF), a regional debt fund that seeks to offer student loans through local microfinance organizations.