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. 

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.

Cartoonist from Paraguay wins contest on the future of work sponsored by the IDB

June 11, 2019
COMPETITION OF CARTOONS AND ILLUSTRATIONS RECEIVED 365 PROPOSALS CARTOONIST FROM ECUADOR WIN THE FAVORITE CHOSEN BY THE PUBLIC The Inter-American Development Bank (IDB) announced that the cartoonist from Paraguay Manuel González was selected by the jury as the winner of the Third Cartoon and Illustrations Contest: The Future of Work in Latin America and the Caribbean, with his piece "La historia del robo". 

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.

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

November 07, 2017
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

Robotlution: A new IDB publication on the automation of employment and how it will impact productivity

August 23, 2017
Mexico and Brazil are leading the region in the use of robots: one to two robots per thousand workers  Will robotization destroy or displace jobs or will it create new, more sustainable ones? Can technological change play a part in reducing inequality in Latin America and the Caribbean? These are some of the key questions that 40 international experts responded to in “Robotlution.

IIC and Laboratorio Uruguay S.A. hold signing ceremony for FINPYME credit loan of up to US$380,000

March 17, 2012
MONTEVIDEO, Uruguay — Within the framework of the Twenty-seventh Annual Meeting of the IIC Board of Governors, Laboratorio Uruguay S.A. (LUSA) and theInter-American Investment Corporation (IIC) held a signing ceremony for a loan to finance working capital needs. With this loan, the IIC is supporting a Uruguayan SME in the manufacturing sector.  “The financing granted by the IIC will enable us to better meet the growing needs of external markets without neglecting our own vibrant local market,” noted Ignacio Costa, director of LUSA. 

IDB and Microsoft to triple funding for a youth training program for Latin America and the Caribbean

March 24, 2011
Calgary, CANADA – The Inter-American Development Bank (IDB) and Microsoft Corporation will provide $2.8 million to finance job training programs for as many as 6,000 youth across Latin America and the Caribbean, expanding and deepening a partnership that began four years ago.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.